Funding you earn now, next payment 16:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.030%
Price spread now: Bybit against GRVT+0.095%50s7-day average −0.009% · 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−$910.910% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.095%, 7d avg −0.009%
=Together, before fees−0.168%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.104% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour. The two prices were read 50 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 | 73.960 | 0.0283 | pay 0.0283% / 8h | 7h 54m | $257 | $136K | 10x |
| Short | Bybit NFLXUSDT | 74.030 | 0.0343 | get 0.0343% / 8h | 7h 54m | $1.3M | $882K | 50x |
GRVT NFLX_USDT_Perp
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $12.62
- Price spread: +0.095% → −0.009%
- $10.36
- Slippage, 4 orders
- −$71.03
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$68.06
- Costs to cover
- 0.910%
- Break-even
- 44.8 days
Slippage from GRVT: live order book, 42 min ago; Bybit: 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, 42 min ago | 2.03 bp | 22.9 bp −$23 | 51.0 bp −$510 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.08 bp | 19.0 bp −$19 | 179.2 bp −$1,792 | 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 | 73.930 | −0.041% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.020 | +0.081% | $878K | $819K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.910 | −0.068% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.030 | +0.095% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.990 | +0.041% | $4.3M | $594K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.993 | +0.045% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.980 | +0.027% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.980 | +0.027% | $1.4M | $349K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.910 | −0.068% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.900 | −0.081% | $12K | $19K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.920 | −0.054% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.960 | 0.000% | $64K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.940 | −0.027% | $152K | $56K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.000 | +0.054% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0135% | 8h | 73.953 | −0.010% | $83K | $119K | — | as long as short |
| Binance NFLXUSDT | +0.0141% | 8h | 73.990 | +0.041% | $5.4M | $5.7M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.620 | +0.892% | $83K | $120K | 12x | as long as short |
| Phoenix NFLX | +0.0249% | 1h | 73.913 | −0.064% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0261% | 8h | 73.950 | −0.014% | $47K | $78K | 20x | as long as short |
| GRVT NFLX_USDT_Perplong | +0.0283% | 8h | 73.960 | long leg | $257 | $136K | 10x | |
| Bybit NFLXUSDTshort | +0.0343% | 8h | 74.030 | +0.095% | $1.3M | $882K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT