Funding you earn now, next payment 09:00 UTC+0.0192%/8h= +21.1% APRpaid last 24h +0.047%
Price spread now: Variational Omni against Ondo Perps+0.017%7-day average +0.162% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.017%, 7d avg +0.162%
=Together, before fees+0.180%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.145% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.162%). If the spread goes back, that is −$14 on $10k: about 2.5 days of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.063% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.2% a year). A funding rate is set anew for every payment. 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 | Ondo Perps NFLX-USD.P | 74.050 | 0.0050 | pay 0.0006% / 1h | 0m 55s | $64K | $138K | 10x |
| Short | Variational Omni NFLX | 74.063 | 0.0243 | get 0.0243% / 8h | 7h 00m | $76K | $124K | — |
Ondo Perps NFLX-USD.P
Variational Omni NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Ondo Perps. 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
- $40.37
- Price spread: +0.017% → +0.162%
- −$14.5
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $20.87
- Costs to cover
- 0.050%
- Break-even
- 3.4 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 33 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 33 min ago | 2.88 bp | doesn't fit | 63.9 bp −$639 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 74.264 | +0.289% | $12K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.130 | +0.108% | $888K | $791K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 74.050 | 0.000% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.150 | +0.135% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.170 | +0.162% | $4.2M | $624K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.141 | +0.123% | $1K | $4.2M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.160 | +0.149% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 74.150 | +0.135% | $1.4M | $342K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 74.060 | +0.014% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 74.040 | −0.013% | $12K | $19K | 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 | 74.046 | −0.005% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.Plong | +0.0050% | 1h | 74.050 | long leg | $64K | $138K | 10x | |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 74.110 | +0.081% | $152K | $102K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.115 | +0.087% | $227 | — | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.760 | +0.959% | $83K | $125K | 12x | as long as short |
| Phoenix NFLX | +0.0238% | 1h | 74.090 | +0.054% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLXshort | +0.0243% | 8h | 74.063 | +0.017% | $76K | $124K | — | |
| Binance NFLXUSDT | +0.0248% | 8h | 74.130 | +0.108% | $5.4M | $5.5M | 20x | as long as short |
| Bybit NFLXUSDT | +0.0275% | 8h | 74.160 | +0.149% | $1.3M | $832K | 50x | as long as short |
| BloFin NFLX-USDT | +0.0374% | 8h | 74.160 | +0.149% | $47K | $82K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0838% | 8h | 74.090 | +0.054% | $253 | $123K | 10x | as long as short |
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Injective NFLX/USDC PERP
Phoenix NFLX
Binance NFLXUSDT
Bybit NFLXUSDT
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp