NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0196%/8h= +21.5% APRnext payment +$1.96 per $10,000 · paid last 24h +0.022%

Price spread now: Binance against OKX+0.009%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$530.526% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days−0.013%−$1 · spread now +0.009%, 7d avg +0.006%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$6 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 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.96 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	OKX NFLX-USDT-SWAP	73.550	0	get 0.0000% / 8h	4h 21m	$879K	$832K	20x
Short	Binance NFLXUSDT	73.557	0.0196	get 0.0196% / 8h	4h 21m	$5.4M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.009%Rate

Funding earned: $41.18
Price spread: +0.009% → +0.006%: $0.33
Slippage, 4 orders: −$32.64
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$11.12
Costs to cover: 0.526%
Break-even: 8.9 days

Slippage from OKX: live order book, 35 min ago; Binance: 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 OKX live order book, 35 min ago	2.04 bp	23.5 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.36 bp	8.8 bp −$9	22.6 bp −$226	158.8 bp −$15.9K	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	73.521	−0.039%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPlong	0.0000%	8h	73.550	long leg	$879K	$832K	20x
QFEX NFLX-USD	0.0000%	1h	73.490	−0.082%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.620	+0.095%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.571	+0.029%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.414	−0.185%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.570	+0.027%	$1.4M	$324K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.490	−0.082%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.486	−0.088%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.493	−0.077%	$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
Gate NFLX_USDT	+0.0050%	8h	73.640	+0.122%	$1.4M	$1.2M	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.490	−0.082%	$65K	$139K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.530	−0.027%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.557	+0.009%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0193%	8h	73.561	+0.015%	$94K	$130K	—	as long as short
Binance NFLXUSDTshort	+0.0196%	8h	73.557	+0.009%	$5.4M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	77.900	+5.914%	$87K	$91K	12x	as long as short
Phoenix NFLX	+0.0239%	1h	73.565	+0.020%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0276%	8h	73.594	+0.060%	$629	$143K	10x	as long as short
BloFin NFLX-USDT	+0.0329%	8h	73.580	+0.041%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0386%	8h	73.590	+0.054%	$1.3M	$875K	50x	as long as short