NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0236%/8h= −25.8% APRnext payment −$2.36 per $10,000 · paid last 24h −0.082%

Price spread now: Bitget against GRVT+0.050%53s7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as 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−$700.700% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.307%−$31 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.050%, 7d avg +0.042%

Together, before fees−0.356%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 53 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	73.563	0.0236	pay 0.0236% / 8h	3h 56m	$673	$143K	10x
Short	Bitget NFLXUSDT	73.600	0	get 0.0000% / 8h	3h 56m	$4.3M	$559K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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 GRVTbpFee BitgetbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$49.56
Price spread: +0.050% → +0.042%: $0.86
Slippage, 4 orders: −$49.04
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$118.74
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from GRVT: live order book, 60 min ago; Bitget: live order book, 1 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, 60 min ago	2.04 bp	19.0 bp −$19	39.2 bp −$392	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	4.08 bp	20.8 bp −$21	32.4 bp −$324	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	73.507	−0.075%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.540	−0.031%	$879K	$815K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.500	−0.086%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDTshort	0.0000%	8h	73.600	+0.050%	$4.3M	$559K	50x
SunX NFLX-USDT	0.0000%	8h	73.561	−0.003%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.507	−0.076%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.570	+0.010%	$1.4M	$324K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.500	−0.086%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.503	−0.081%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.511	−0.071%	$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	−0.140%	$65K	$139K	10x	as long as short
Gate NFLX_USDT	+0.0061%	8h	73.620	+0.077%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.530	−0.045%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.556	−0.009%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0184%	8h	73.532	−0.042%	$94K	$129K	—	as long as short
Binance NFLXUSDT	+0.0189%	8h	73.560	−0.004%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.880	+5.868%	$87K	$93K	12x	as long as short
GRVT NFLX_USDT_Perplong	+0.0236%	8h	73.563	long leg	$673	$143K	10x
Phoenix NFLX	+0.0239%	1h	73.534	−0.039%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0313%	8h	73.560	−0.004%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0376%	8h	73.610	+0.064%	$1.3M	$875K	50x	as long as short