Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against GRVT−0.032%59s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.032%, 7d avg +0.012%
=Together, before fees−0.054%+ Points / potential airdropGRVT: Active · farm board−$5 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 Binance is 0.044% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 59 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 | GRVT NFLX_USDT_Perp | 73.790 | 0.0146 | pay 0.0146% / 8h | 2h 54m | $974 | $142K | 10x |
| Short | Binance NFLXUSDT | 73.766 | 0.0125 | get 0.0125% / 8h | 2h 54m | $5.4M | $5.4M | 20x |
GRVT NFLX_USDT_Perp
Binance NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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
- −$4.39
- Price spread: −0.032% → +0.012%
- −$4.45
- Slippage, 4 orders
- −$35.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.44
- Costs to cover
- 0.546%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; Binance: live order book, 13 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 GRVT live order book, 57 min ago | 2.04 bp | 15.9 bp −$16 | 39.0 bp −$390 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.68 bp | 12.6 bp −$13 | 28.1 bp −$281 | 158.7 bp −$15.9K | 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 | 73.716 | −0.101% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.790 | 0.000% | $881K | $820K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.680 | −0.149% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.760 | −0.041% | $4.3M | $574K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.768 | −0.030% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.764 | −0.036% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.730 | −0.082% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.700 | −0.122% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.663 | −0.172% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.671 | −0.162% | $4.9M | $2.9M | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USD
tradeXYZ xyz:NFLXShow 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 | 73.720 | −0.095% | $65K | $141K | 10x | as long as short |
| Gate NFLX_USDT | +0.0057% | 8h | 73.800 | +0.013% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.720 | −0.095% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.761 | −0.039% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0122% | 8h | 73.772 | −0.025% | $97K | $131K | — | as long as short |
| Binance NFLXUSDTshort | +0.0125% | 8h | 73.766 | −0.032% | $5.4M | $5.4M | 20x | |
| GRVT NFLX_USDT_Perplong | +0.0146% | 8h | 73.790 | long leg | $974 | $142K | 10x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.120 | +5.868% | $87K | $100K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0247% | 8h | 73.780 | −0.014% | $47K | $83K | 20x | as long as short |
| Phoenix NFLX | +0.0250% | 1h | 73.744 | −0.063% | $12K | $77K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0328% | 8h | 73.810 | +0.027% | $1.3M | $885K | 50x | as long as short |
Ondo Perps NFLX-USD.P
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Phoenix NFLX
Bybit NFLXUSDT