NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.070%

Price spread now: KuCoin against GRVT−0.124%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$544as in the Funding arb table

Net, price: spread back to 7d avg − costs−$539as in the Price arb table

costs, in and out, $10k−$5325.321% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$12 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.124%, 7d avg −0.055%

Together, before fees−0.038%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.069% cheaper against GRVT than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.055%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NFLX_USDT_Perp	73.972	0.0201	pay 0.0201% / 8h	11m 17s	$253	$136K	10x
Short	KuCoin NFLXUSDTM	73.880	0.0100	get 0.0100% / 8h	11m 17s	$152K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$21.21
Price spread: −0.124% → −0.055%: −$6.89
Slippage, 4 orders: −$511.06
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$560.16
Costs to cover: 5.321%
Break-even: never at this rate

Slippage from GRVT: live order book, 26 min ago; KuCoin: live order book, 19 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, 26 min ago	2.03 bp	22.9 bp −$23	51.0 bp −$510	doesn't fit	doesn't fit
Sell KuCoin live order book, 19 min ago	23.70 bp	227.0 bp −$227	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	73.907	−0.088%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.970	−0.002%	$878K	$832K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.900	−0.097%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.960	−0.016%	$4.2M	$596K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.019	+0.064%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.044	+0.098%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.010	+0.052%	$1.4M	$346K	10x	as long as short
Gate NFLX_USDT	+0.0016%	8h	74.010	+0.052%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.920	−0.070%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.922	−0.067%	$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	73.933	−0.052%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.860	−0.151%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.880	−0.124%	$152K	$44K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.980	+0.012%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0114%	8h	73.933	−0.053%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0123%	8h	74.020	+0.065%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perplong	+0.0201%	8h	73.972	long leg	$253	$136K	10x
Injective NFLX/USDC PERP	+0.0220%	1h	78.280	+5.824%	$87K	$118K	12x	as long as short
BloFin NFLX-USDT	+0.0243%	8h	74.010	+0.052%	$47K	$78K	20x	as long as short
Bybit NFLXUSDT	+0.0248%	8h	73.960	−0.016%	$1.3M	$886K	50x	as long as short
Phoenix NFLX	+0.0249%	1h	73.944	−0.037%	$12K	$77K	10x	as long as short