Funding you earn now, next payment 16:00 UTC+0.0252%/8h= +27.6% APRnext payment +$2.52 per $10,000 · paid last 24h +0.062%
Price spread now: Binance against Phemex−0.013%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.013%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NFLXUSDT | 74.130 | 0 | get 0.0000% / 8h | 6h 59m | $1.4M | $343K | 10x |
| Short | Binance NFLXUSDT | 74.120 | 0.0252 | get 0.0252% / 8h | 6h 59m | $5.4M | $5.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $53.03
- Price spread: −0.013% → +0.005%
- −$1.85
- Slippage, 4 orders
- −$88.7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.52
- Costs to cover
- 1.107%
- Break-even
- 14.9 days
Slippage from Phemex: live order book, 3 min ago; Binance: live order book, 9 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 Phemex live order book, 3 min ago | 1.35 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.68 bp | 11.4 bp −$11 | 27.4 bp −$274 | 161.5 bp −$16.2K | 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 | 74.280 | +0.202% | $12K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.130 | 0.000% | $887K | $789K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.980 | −0.202% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.140 | +0.013% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.160 | +0.040% | $4.2M | $624K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.106 | −0.032% | $1K | $4.2M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.036 | −0.127% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDTlong | 0.0000% | 8h | 74.130 | long leg | $1.4M | $343K | 10x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 74.000 | −0.175% | — | $21K | 25x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 74.050 | −0.108% | $64K | $138K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NFLXUSDTM | +0.0100% | 8h | 74.090 | −0.054% | $152K | $105K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.113 | −0.023% | $227 | — | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0191% | 1h | 74.037 | −0.125% | $5.0M | $2.9M | 10x | as long as short |
| Extended NFLX-USD | +0.0216% | 1h | 74.030 | −0.135% | $12K | $19K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.430 | +5.801% | $87K | $126K | 12x | as long as short |
| Phoenix NFLX | +0.0238% | 1h | 74.090 | −0.054% | $12K | $76K | 10x | as long as short |
| Variational Omni NFLX | +0.0249% | 8h | 74.131 | +0.002% | $76K | $124K | — | as long as short |
| Binance NFLXUSDTshort | +0.0252% | 8h | 74.120 | −0.013% | $5.4M | $5.6M | 20x | |
| Bybit NFLXUSDT | +0.0319% | 8h | 74.170 | +0.054% | $1.3M | $832K | 50x | as long as short |
| BloFin NFLX-USDT | +0.0374% | 8h | 74.160 | +0.040% | $47K | $82K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0787% | 8h | 74.130 | 0.000% | $254 | $123K | 10x | as long as short |
Phemex NFLXUSDT
Binance NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
KuCoin NFLXUSDTM
tradeXYZ xyz:NFLX
Extended NFLX-USD
Injective NFLX/USDC PERP
Phoenix NFLX
Variational Omni NFLX
Bybit NFLXUSDT
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp