Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate−0.026%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2902.895% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.026%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.044% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NFLX_USDT | 73.890 | 0.0029 | pay 0.0029% / 8h | 37m 58s | $1.4M | $1.2M | 25x |
| Short | SunX NFLX-USDT | 73.871 | 0 | get 0.0000% / 8h | 37m 58s | $1K | $4.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.09
- Price spread: −0.026% → +0.018%
- −$4.35
- Slippage, 4 orders
- −$266.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$299.95
- Costs to cover
- 2.895%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 11 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 | 9.47 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 45.19 bp | 127.5 bp −$127 | 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 | 73.911 | +0.029% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.860 | −0.041% | $876K | $831K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.780 | −0.149% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.880 | −0.014% | $4.2M | $596K | 50x | as long as short |
| SunX NFLX-USDTshort | 0.0000% | 8h | 73.871 | −0.026% | $1K | $4.6M | 10x | |
| HTX NFLX-USDT | 0.0000% | 8h | 73.884 | −0.008% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.870 | −0.027% | $1.4M | $345K | 10x | as long as short |
| Gate NFLX_USDTlong | +0.0029% | 8h | 73.890 | long leg | $1.4M | $1.2M | 25x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.790 | −0.135% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.790 | −0.136% | $12K | $19K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.796 | −0.127% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.740 | −0.203% | $66K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.800 | −0.122% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.860 | −0.041% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0119% | 8h | 73.861 | −0.040% | $83K | $120K | — | as long as short |
| Binance NFLXUSDT | +0.0126% | 8h | 73.870 | −0.027% | $5.4M | $5.6M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0209% | 8h | 73.890 | 0.000% | $372 | $137K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.200 | +5.833% | $87K | $115K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0246% | 8h | 73.900 | +0.014% | $47K | $81K | 20x | as long as short |
| Phoenix NFLX | +0.0249% | 1h | 73.816 | −0.100% | $12K | $77K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0254% | 8h | 73.880 | −0.014% | $1.3M | $889K | 50x | as long as short |
Gate NFLX_USDT
SunX NFLX-USDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Phoenix NFLX
Bybit NFLXUSDT