Funding you earn now, next payment 08:00 UTC−0.0249%/8h= −27.3% APRnext payment −$2.49 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against GRVT+0.021%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1341.336% of the position
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now +0.021%, 7d avg +0.009%
=Together, before fees−0.187%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NFLX_USDT_Perp | 73.655 | 0.0249 | pay 0.0249% / 8h | 5h 56m | $337 | $146K | 10x |
| Short | Phemex NFLXUSDT | 73.670 | 0 | get 0.0000% / 8h | 5h 56m | $1.4M | $324K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$52.29
- Price spread: +0.021% → +0.009%
- $1.15
- Slippage, 4 orders
- −$112.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$184.74
- Costs to cover
- 1.336%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Phemex: 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, 5 min ago | 2.04 bp | 14.5 bp −$15 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 4.07 bp | 58.1 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
NFLX on 20 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 | 73.594 | −0.082% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.690 | +0.048% | $881K | $865K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.580 | −0.101% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.710 | +0.075% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.660 | +0.007% | $4.3M | $544K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.653 | −0.002% | $1K | $4.7M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.628 | −0.036% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDTshort | 0.0000% | 8h | 73.670 | +0.021% | $1.4M | $324K | 10x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.580 | −0.101% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.610 | −0.061% | $16K | $29K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.570 | −0.115% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.610 | −0.061% | $64K | $143K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.620 | −0.047% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.655 | 0.000% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0174% | 1h | 73.601 | −0.073% | $12K | $76K | 10x | as long as short |
| Variational Omni NFLX | +0.0209% | 8h | 73.682 | +0.037% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0213% | 8h | 73.660 | +0.008% | $5.5M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.300 | +0.876% | $83K | $81K | 12x | as long as short |
| GRVT NFLX_USDT_Perplong | +0.0249% | 8h | 73.655 | long leg | $337 | $146K | 10x | |
| Bybit NFLXUSDT | +0.0259% | 8h | 73.640 | −0.020% | $1.3M | $899K | 50x | as long as short |
GRVT NFLX_USDT_Perp
Phemex NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Phoenix NFLX
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Bybit NFLXUSDT