NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against KuCoin+0.029%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$699as in the Funding arb table

Net, price: spread back to 7d avg − costs−$682as in the Price arb table

costs, in and out, $10k−$6786.776% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.029%, 7d avg +0.068%

Together, before fees+0.008%+$1 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 SunX is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.068%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NFLXUSDTM	73.530	0.0100	pay 0.0100% / 8h	4h 14m	$151K	$37K	20x
Short	SunX NFLX-USDT	73.551	0	get 0.0000% / 8h	4h 14m	$1K	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$21
Price spread: +0.029% → +0.068%: −$3.99
Slippage, 4 orders: −$657.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$702.64
Costs to cover: 6.776%
Break-even: never at this rate

Slippage from KuCoin: live order book, 60 min ago; SunX: 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, 60 min ago	23.12 bp	254.2 bp −$254	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	45.94 bp	128.1 bp −$128	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	73.523	−0.010%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.550	+0.027%	$879K	$823K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.510	−0.027%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.109%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDTshort	0.0000%	8h	73.551	+0.029%	$1K	$4.6M	10x
HTX NFLX-USDT	0.0000%	8h	73.539	+0.012%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.550	+0.027%	$1.4M	$324K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.500	−0.041%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.493	−0.051%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.501	−0.039%	$4.9M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.460	−0.095%	$65K	$139K	10x	as long as short
Gate NFLX_USDT	+0.0062%	8h	73.630	+0.136%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTMlong	+0.0100%	8h	73.530	long leg	$151K	$37K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.557	+0.037%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0186%	8h	73.552	+0.030%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0194%	8h	73.550	+0.027%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.870	+5.902%	$87K	$92K	12x	as long as short
Phoenix NFLX	+0.0239%	1h	73.571	+0.056%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0260%	8h	73.577	+0.064%	$614	$143K	10x	as long as short
BloFin NFLX-USDT	+0.0323%	8h	73.550	+0.027%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0378%	8h	73.600	+0.095%	$1.3M	$875K	50x	as long as short