Funding you earn now, next payment 02:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.007%
Price spread now: Binance against Phoenix−0.003%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.233%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NFLX | 73.622 | 0.0185 | pay 0.0023% / 1h | 32m 30s | $12K | $77K | 10x |
| Short | Binance NFLXUSDT | 73.620 | 0.0210 | get 0.0210% / 8h | 5h 32m | $5.4M | $5.4M | 20x |
Phoenix NFLX
Binance NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phoenix. 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
- $5.26
- Price spread: −0.003% → 0.000%
- −$0.27
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$12.02
- Costs to cover
- 0.170%
- Break-even
- 23.0 days
Slippage unknown: Phoenix: no order-book sample; Binance: live order book, 6 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 0.68 bp | 10.1 bp −$10 | 31.7 bp −$317 | 167.4 bp −$16.7K | doesn't fit |
Phoenix: 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 | 73.562 | −0.081% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.660 | +0.052% | $880K | $863K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.540 | −0.111% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.720 | +0.133% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.650 | +0.038% | $4.3M | $543K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.656 | +0.046% | $1K | $4.7M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.617 | −0.007% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.670 | +0.065% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | −0.111% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.540 | −0.112% | $16K | $29K | 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 | 73.575 | −0.064% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.530 | −0.125% | $65K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.560 | −0.084% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.620 | −0.002% | $225 | — | 10x | as long as short |
| Phoenix NFLXlong | +0.0185% | 1h | 73.622 | long leg | $12K | $77K | 10x | |
| Variational Omni NFLX | +0.0206% | 8h | 73.626 | +0.005% | $94K | $130K | — | as long as short |
| Binance NFLXUSDTshort | +0.0210% | 8h | 73.620 | −0.003% | $5.4M | $5.4M | 20x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.290 | +0.907% | $83K | $84K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0245% | 8h | 73.631 | +0.013% | $658 | $143K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0339% | 8h | 73.640 | +0.024% | $1.3M | $898K | 50x | as long as short |
| BloFin NFLX-USDT | +0.0348% | 8h | 73.660 | +0.052% | $47K | $81K | 20x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
Bybit NFLXUSDT
BloFin NFLX-USDT