NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Phemex+0.054%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1371.365% of the position

Long on Phemex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.054%, 7d avg −0.018%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.072% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NFLXUSDT	74.010	0	get 0.0000% / 8h	2h 11m	$1.4M	$339K	10x
Short	Gate NFLX_USDT	74.050	0.0037	get 0.0037% / 8h	2h 11m	$1.4M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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 PhemexbpFee GatebpOrdersPrice spread, now +0.054%Rate

Funding earned: $7.77
Price spread: +0.054% → −0.018%: $7.21
Slippage, 4 orders: −$109.51
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$121.53
Costs to cover: 1.365%
Break-even: 116.5 days

Slippage from Phemex: live order book, 1 min ago; Gate: live order book, just now.

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, 1 min ago	2.03 bp	49.2 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, just now	4.73 bp	19.7 bp −$20	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	73.949	−0.082%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.980	−0.041%	$878K	$835K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.910	−0.135%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	−0.122%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.033	+0.031%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.077	+0.091%	$10K	$52K	20x	as long as short
Phemex NFLXUSDTlong	0.0000%	8h	74.010	long leg	$1.4M	$339K	10x
Gate NFLX_USDTshort	+0.0037%	8h	74.050	+0.054%	$1.4M	$1.2M	25x
Vest NFLX-USD-PERP	+0.0046%	1h	73.930	−0.108%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.920	−0.121%	$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	73.951	−0.080%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.870	−0.189%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.940	−0.095%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.999	−0.015%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0108%	8h	73.978	−0.044%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0114%	8h	74.040	+0.041%	$5.4M	$5.5M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0151%	8h	73.980	−0.041%	$641	$141K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.949	−0.082%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.350	+5.864%	$87K	$105K	12x	as long as short
BloFin NFLX-USDT	+0.0234%	8h	74.030	+0.027%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0289%	8h	73.970	−0.054%	$1.3M	$903K	50x	as long as short