Funding you earn now, next payment 07:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.072%
Price spread now: Phoenix against Gate−0.158%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.462%+$46 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.158% cheaper against Gate than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 2.7 days of funding at the current rate (+$6 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NFLX_USDT | 74.030 | 0.0057 | pay 0.0057% / 8h | 7h 56m | $1.4M | $1.1M | 25x |
| Short | Phoenix NFLX | 73.913 | 0.0249 | get 0.0031% / 1h | 56m 34s | $12K | $77K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $40.37
- Price spread: −0.158% → 0.000%
- −$15.8
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $2.56
- Costs to cover
- 0.220%
- Break-even
- 6.6 days
Slippage unknown: Gate: live order book, 1 min ago; Phoenix: no order-book sample. Net counts fees only.
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, 1 min ago | 4.73 bp | 29.6 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 73.913 | −0.158% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.010 | −0.027% | $879K | $821K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.930 | −0.135% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.990 | −0.054% | $4.3M | $594K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.978 | −0.070% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.872 | −0.213% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.980 | −0.068% | $1.4M | $348K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.880 | −0.203% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.913 | −0.158% | $12K | $19K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.915 | −0.155% | $5.0M | $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 | 73.960 | −0.095% | $64K | $144K | 10x | as long as short |
| Gate NFLX_USDTlong | +0.0057% | 8h | 74.030 | long leg | $1.4M | $1.1M | 25x | |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.930 | −0.135% | $152K | $55K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.984 | −0.062% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0129% | 8h | 73.945 | −0.115% | $83K | $119K | — | as long as short |
| Binance NFLXUSDT | +0.0142% | 8h | 73.980 | −0.068% | $5.4M | $5.7M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.290 | +5.754% | $87K | $119K | 12x | as long as short |
| Phoenix NFLXshort | +0.0249% | 1h | 73.913 | −0.158% | $12K | $77K | 10x | |
| BloFin NFLX-USDT | +0.0260% | 8h | 73.990 | −0.054% | $47K | $78K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0283% | 8h | 73.960 | −0.095% | $257 | $136K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0539% | 8h | 74.010 | −0.027% | $1.3M | $882K | 50x | as long as short |
Gate NFLX_USDT
Phoenix NFLX
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
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp
Bybit NFLXUSDT