NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.082%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1761.759% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.082%, 7d avg −0.044%

Together, before fees+0.213%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.037% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NFLX_USDT	73.530	0.0133	pay 0.0133% / 8h	7h 52m	$1.3M	$1.2M	25x
Short	KuCoin NFLXUSDTM	73.470	0.0100	get 0.0100% / 8h	7h 52m	$152K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$6.93
Price spread: −0.082% → −0.044%: −$3.73
Slippage, 4 orders: −$148.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$186.55
Costs to cover: 1.759%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 61 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	3.40 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 61 min ago	20.40 bp	84.8 bp −$85	doesn't fit	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	73.474	−0.076%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.550	+0.027%	$885K	$965K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.410	−0.163%	$1.1M	$1.5M	10x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.513	−0.023%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.534	+0.005%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.520	−0.014%	$1.4M	$331K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.420	−0.150%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.440	−0.122%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.463	−0.091%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.430	−0.136%	$64K	$189K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NFLXUSDT	+0.0079%	8h	73.500	−0.041%	$4.3M	$580K	50x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.470	−0.082%	$152K	$37K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.516	−0.019%	$225	—	10x	as long as short
Gate NFLX_USDTlong	+0.0133%	8h	73.530	long leg	$1.3M	$1.2M	25x
Injective NFLX/USDC PERP	+0.0220%	1h	74.160	+0.857%	$83K	$69K	12x	as long as short
Variational Omni NFLX	+0.0225%	8h	73.500	−0.041%	$94K	$139K	—	as long as short
Phoenix NFLX	+0.0229%	1h	73.469	−0.083%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0231%	8h	73.517	−0.018%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0371%	8h	73.511	−0.026%	$603	$155K	10x	as long as short
BloFin NFLX-USDT	+0.0384%	8h	73.520	−0.014%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0877%	8h	73.560	+0.041%	$1.3M	$921K	50x	as long as short