Funding you earn now, next payment 08:00 UTC+0.0370%/8h= +40.5% APRnext payment +$3.70 per $10,000 · paid last 24h +0.100%
Price spread now: Bybit against KuCoin+0.041%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.041%, 7d avg +0.056%
=The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NFLXUSDTM | 73.430 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $151K | $37K | 20x |
| Short | Bybit NFLXUSDT | 73.460 | 0.0470 | get 0.0470% / 8h | 7h 05m | $1.3M | $906K | 50x |
KuCoin NFLXUSDTM
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $77.72
- Price spread: +0.041% → +0.056%
- −$1.48
- Slippage, 4 orders
- −$135.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.1
- Costs to cover
- 1.583%
- Break-even
- 14.4 days
Slippage from KuCoin: live order book, 38 min ago; Bybit: live order book, 5 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 KuCoin live order book, 38 min ago | 21.11 bp | 71.8 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.12 bp | 23.3 bp −$23 | 178.7 bp −$1,787 | 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 | 73.432 | +0.003% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.500 | +0.095% | $883K | $947K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.410 | −0.027% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.500 | +0.095% | $1.4M | $1.2M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.490 | +0.082% | $4.3M | $569K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.513 | +0.113% | $1K | $4.9M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.493 | +0.086% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.500 | +0.095% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.400 | −0.041% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.388 | −0.057% | $16K | $29K | 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 | 73.385 | −0.061% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.430 | 0.000% | $64K | $151K | 10x | as long as short |
| KuCoin NFLXUSDTMlong | +0.0100% | 8h | 73.430 | long leg | $151K | $37K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.495 | +0.088% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0217% | 8h | 73.501 | +0.097% | $94K | $139K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.160 | +0.994% | $83K | $74K | 12x | as long as short |
| Binance NFLXUSDT | +0.0223% | 8h | 73.500 | +0.095% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLX | +0.0229% | 1h | 73.443 | +0.018% | $12K | $77K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0237% | 8h | 73.500 | +0.095% | $550 | $150K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0370% | 8h | 73.500 | +0.095% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDTshort | +0.0470% | 8h | 73.460 | +0.041% | $1.3M | $906K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
Aevo NFLX-PERP
Variational Omni NFLX
Injective NFLX/USDC PERP
Binance NFLXUSDT
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT