Funding you earn now, next payment 08:00 UTC+0.0287%/8h= +31.4% APRnext payment +$2.87 per $10,000 · paid last 24h +0.100%
Price spread now: GRVT against Phemex−0.013%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
Funding, last 7 days+0.325%+$33 on $10k
+Price spread, last 4 days (all we have)−0.359%−$36 · spread now −0.013%, 7d avg −0.009%
=Together, before fees−0.034%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$9 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 | 73.600 | 0 | get 0.0000% / 8h | 5h 08m | $1.4M | $326K | 10x |
| Short | GRVT NFLX_USDT_Perp | 73.590 | 0.0287 | get 0.0287% / 8h | 5h 08m | $825 | $143K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $60.27
- Price spread: −0.013% → −0.009%
- −$0.46
- Slippage, 4 orders
- −$112.17
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$73.35
- Costs to cover
- 1.332%
- Break-even
- 15.5 days
Slippage from Phemex: live order book, 4 min ago; GRVT: live order book, 53 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, 4 min ago | 1.36 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 2.04 bp | 22.1 bp −$22 | 53.3 bp −$533 | 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 | 73.517 | −0.113% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.620 | +0.027% | $880K | $861K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.490 | −0.149% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.630 | +0.041% | $4.3M | $546K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.586 | −0.019% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.658 | +0.079% | $10K | $53K | 20x | as long as short |
| Phemex NFLXUSDTlong | 0.0000% | 8h | 73.600 | long leg | $1.4M | $326K | 10x | |
| Gate NFLX_USDT | +0.0012% | 8h | 73.640 | +0.054% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.480 | −0.163% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.495 | −0.143% | $16K | $29K | 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 | 73.502 | −0.133% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.500 | −0.136% | $65K | $139K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.530 | −0.095% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.560 | −0.054% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0185% | 1h | 73.558 | −0.057% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0204% | 8h | 73.571 | −0.040% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0211% | 8h | 73.580 | −0.027% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.880 | +5.815% | $87K | $86K | 12x | as long as short |
| GRVT NFLX_USDT_Perpshort | +0.0287% | 8h | 73.590 | −0.013% | $825 | $143K | 10x | |
| BloFin NFLX-USDT | +0.0351% | 8h | 73.600 | 0.000% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0390% | 8h | 73.590 | −0.014% | $1.3M | $883K | 50x | as long as short |
Phemex NFLXUSDT
GRVT NFLX_USDT_Perp
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Gate NFLX_USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Phoenix NFLX
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Bybit NFLXUSDT