Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.070%
Price spread now: GRVT against KuCoin+0.087%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2852.850% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.087%, 7d avg +0.055%
=Together, before fees+0.076%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.032% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NFLXUSDTM | 73.800 | 0.0100 | pay 0.0100% / 8h | 37m 18s | $152K | $38K | 20x |
| Short | GRVT NFLX_USDT_Perp | 73.864 | 0.0210 | get 0.0210% / 8h | 37m 18s | $341 | $136K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $23.1
- Price spread: +0.087% → +0.055%
- $3.16
- Slippage, 4 orders
- −$264.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$258.76
- Costs to cover
- 2.850%
- Break-even
- 85.4 days
Slippage from KuCoin: live order book, 63 min ago; GRVT: live order book, 65 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, 63 min ago | 25.03 bp | 101.3 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 65 min ago | 2.03 bp | 30.2 bp −$30 | 80.3 bp −$803 | 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 | 73.958 | +0.215% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.860 | +0.081% | $876K | $830K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.780 | −0.027% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.880 | +0.108% | $4.2M | $596K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.871 | +0.096% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.853 | +0.072% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.890 | +0.122% | $1.4M | $345K | 10x | as long as short |
| Gate NFLX_USDT | +0.0029% | 8h | 73.890 | +0.122% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.810 | +0.014% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.812 | +0.016% | $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 | 73.818 | +0.024% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.740 | −0.081% | $66K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTMlong | +0.0100% | 8h | 73.800 | long leg | $152K | $38K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.888 | +0.119% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0119% | 8h | 73.861 | +0.082% | $83K | $120K | — | as long as short |
| Binance NFLXUSDT | +0.0126% | 8h | 73.900 | +0.136% | $5.4M | $5.6M | 20x | as long as short |
| GRVT NFLX_USDT_Perpshort | +0.0210% | 8h | 73.864 | +0.087% | $341 | $136K | 10x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.510 | +0.962% | $83K | $116K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0246% | 8h | 73.880 | +0.108% | $47K | $77K | 20x | as long as short |
| Phoenix NFLX | +0.0249% | 1h | 73.837 | +0.050% | $12K | $77K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0252% | 8h | 73.900 | +0.136% | $1.3M | $889K | 50x | as long as short |
KuCoin NFLXUSDTM
GRVT NFLX_USDT_Perp
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Phoenix NFLX
Bybit NFLXUSDT