Funding you earn now, next payment 08:00 UTC+0.0313%/8h= +34.2% APRnext payment +$3.13 per $10,000 · paid last 24h +0.130%
Price spread now: Bybit against Gate−0.054%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.054%, 7d avg +0.006%
=Funding pays, the price is against you. Bybit is 0.061% cheaper against Gate than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.006%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.224% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NFLX_USDT | 73.630 | 0.0060 | pay 0.0060% / 8h | 3h 58m | $1.4M | $1.2M | 25x |
| Short | Bybit NFLXUSDT | 73.590 | 0.0373 | get 0.0373% / 8h | 3h 58m | $1.3M | $875K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $65.65
- Price spread: −0.054% → +0.006%
- −$6.08
- Slippage, 4 orders
- −$95.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.63
- Costs to cover
- 1.212%
- Break-even
- 13.6 days
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 1.36 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.11 bp | 21.5 bp −$21 | 182.9 bp −$1,829 | doesn't fit | doesn't fit |
NFLX on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NFLXUSDT | 0.0000% | 8h | 73.508 | −0.166% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.540 | −0.122% | $879K | $815K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.500 | −0.177% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.600 | −0.041% | $4.3M | $559K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.540 | −0.122% | $2K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.528 | −0.139% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.550 | −0.109% | $1.4M | $324K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.490 | −0.190% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.503 | −0.173% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.511 | −0.162% | $4.9M | $2.9M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.460 | −0.231% | $65K | $139K | 10x | as long as short |
| Gate NFLX_USDTlong | +0.0060% | 8h | 73.630 | long leg | $1.4M | $1.2M | 25x | |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.530 | −0.136% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.552 | −0.106% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0184% | 8h | 73.532 | −0.133% | $94K | $129K | — | as long as short |
| Binance NFLXUSDT | +0.0190% | 8h | 73.548 | −0.112% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 72.870 | −1.032% | $81K | $93K | 12x | as long as short |
| Phoenix NFLX | +0.0239% | 1h | 73.530 | −0.136% | $12K | $76K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0242% | 8h | 73.556 | −0.101% | $678 | $143K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0315% | 8h | 73.550 | −0.109% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDTshort | +0.0373% | 8h | 73.590 | −0.054% | $1.3M | $875K | 50x |
Gate NFLX_USDT
Bybit NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT