NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0181%/8h= +19.8% APRnext payment +$1.81 per $10,000 · paid last 24h +0.099%

Price spread now: Bybit against OKX−0.108%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$930.929% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.133%+$13 on $10k

Price spread, last 7 days+0.118%+$12 · spread now −0.108%, 7d avg −0.001%

Together, before fees+0.252%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.107% cheaper against OKX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.001%). If the spread goes back, that is −$11 on $10k: about 47 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.133% in total) that is about 5.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NFLX-USDT-SWAP	74.180	0	get 0.0000% / 8h	7h 46m	$891K	$833K	20x
Short	Bybit NFLXUSDT	74.100	0.0181	get 0.0181% / 8h	7h 46m	$1.3M	$882K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.108%Rate

Funding earned: $38.04
Price spread: −0.108% → −0.001%: −$10.66
Slippage, 4 orders: −$71.92
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$65.54
Costs to cover: 0.929%
Break-even: 19.1 days

Slippage from OKX: live order book, 50 min ago; Bybit: live order book, 4 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, 50 min ago	3.38 bp	23.8 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	5.39 bp	24.4 bp −$24	156.4 bp −$1,564	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	74.033	−0.198%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPlong	0.0000%	8h	74.180	long leg	$891K	$833K	20x
QFEX NFLX-USD	0.0000%	1h	74.080	−0.135%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.180	0.000%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	74.080	−0.135%	$4.3M	$594K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.087	−0.125%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.144	−0.049%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.110	−0.094%	$1.4M	$352K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	74.080	−0.135%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	74.074	−0.143%	$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	74.069	−0.150%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	74.010	−0.229%	$64K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.070	−0.148%	$153K	$64K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.109	−0.095%	$227	—	10x	as long as short
Variational Omni NFLX	+0.0134%	8h	74.053	−0.172%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0150%	8h	74.145	−0.047%	$5.4M	$5.7M	20x	as long as short
Bybit NFLXUSDTshort	+0.0181%	8h	74.100	−0.108%	$1.3M	$882K	50x
Injective NFLX/USDC PERP	+0.0220%	1h	74.790	+0.822%	$83K	$121K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	74.062	−0.159%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0269%	8h	74.100	−0.108%	$47K	$78K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0518%	8h	74.100	−0.108%	$253	$129K	10x	as long as short