Funding you earn now, next payment 07:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.058%
Price spread now: Bybit against Phoenix+0.158%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.158% dearer against Phoenix than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.238%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NFLX | 73.913 | 0.0249 | pay 0.0031% / 1h | 55m 08s | $12K | $77K | 10x |
| Short | Bybit NFLXUSDT | 74.030 | 0.0435 | get 0.0435% / 8h | 7h 55m | $1.3M | $882K | 50x |
Phoenix NFLX
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $39.1
- Price spread: +0.158% → 0.000%
- $15.83
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $36.93
- Costs to cover
- 0.180%
- Break-even
- 0.4 days
Slippage unknown: Phoenix: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 6.08 bp | 19.0 bp −$19 | 179.2 bp −$1,792 | doesn't fit | 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 | 73.935 | +0.029% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.990 | +0.104% | $878K | $820K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.910 | −0.004% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.990 | +0.104% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.990 | +0.104% | $4.3M | $594K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.993 | +0.108% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.980 | +0.091% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.980 | +0.091% | $1.4M | $349K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.910 | −0.004% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.913 | 0.000% | $12K | $19K | 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 | 73.909 | −0.005% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.960 | +0.064% | $64K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.940 | +0.037% | $152K | $56K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.000 | +0.117% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0135% | 8h | 73.953 | +0.054% | $83K | $119K | — | as long as short |
| Binance NFLXUSDT | +0.0141% | 8h | 73.990 | +0.104% | $5.4M | $5.7M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.620 | +0.957% | $83K | $120K | 12x | as long as short |
| Phoenix NFLXlong | +0.0249% | 1h | 73.913 | long leg | $12K | $77K | 10x | |
| BloFin NFLX-USDT | +0.0261% | 8h | 73.950 | +0.050% | $47K | $78K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0283% | 8h | 73.960 | +0.064% | $257 | $136K | 10x | as long as short |
| Bybit NFLXUSDTshort | +0.0435% | 8h | 74.030 | +0.158% | $1.3M | $882K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp