NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Phemex−0.135%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$252as in the Funding arb table

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$2732.726% of the position

Long on Phemex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.135%, 7d avg −0.066%

Together, before fees+0.178%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.069% cheaper against Phemex than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.066%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NFLXUSDT	73.980	0	get 0.0000% / 8h	2h 04m	$1.4M	$341K	10x
Short	KuCoin NFLXUSDTM	73.880	0.0100	get 0.0100% / 8h	2h 04m	$152K	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.135%Rate

Funding earned: $21
Price spread: −0.135% → −0.066%: −$6.9
Slippage, 4 orders: −$248.63
Fee Phemex: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$258.52
Costs to cover: 2.726%
Break-even: 93.2 days

Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 51 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	0.68 bp	54.6 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 51 min ago	26.45 bp	72.1 bp −$72	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	73.900	−0.108%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.980	0.000%	$879K	$838K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.850	−0.176%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	−0.081%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.999	+0.026%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.938	−0.057%	$10K	$52K	20x	as long as short
Phemex NFLXUSDTlong	0.0000%	8h	73.980	long leg	$1.4M	$341K	10x
Gate NFLX_USDT	+0.0041%	8h	73.980	0.000%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.860	−0.162%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.825	−0.210%	$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	73.853	−0.172%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.840	−0.189%	$66K	$142K	10x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.880	−0.135%	$152K	$38K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.964	−0.022%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0112%	8h	73.932	−0.065%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0119%	8h	73.980	0.000%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0160%	8h	73.988	+0.010%	$636	$140K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.912	−0.092%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.310	+5.853%	$87K	$106K	12x	as long as short
BloFin NFLX-USDT	+0.0240%	8h	73.970	−0.014%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0283%	8h	73.950	−0.041%	$1.3M	$903K	50x	as long as short