NFLX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixNFLX	65.375	+0.0049	pay 0.0006% / 1h	8m 49s	$74K	$115K	10x	Long Phoenix
SHORT	PhemexNFLXUSDT	65.410	0	0.0000% / 8h	3h 08m	$1.5M	$518K	10x	Short Phemex

Price gap+0.054%

Funding gap−0.0049% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.055% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$30−0.0049% /8h now · paid −0.303% over the last 7D

Price−$6spread +0.054% now, avg +0.109% → −0.055% if it goes back

Costs−$1211.210% of $10k · taker + slippage, in and out

Result−$157−1.57%no points

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.054%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NFLX on 24 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size12.0 / 60.4 bp
At $10k entering Phemex costs 60.4 bp, fee and slippage, 5.0× Phoenix’s.
Note: Margin at max leverage$1,000 + $1,000
Phoenix 10x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.47Long Phoenix: 24 payments, −$1.47; short Phemex: 3 payments, $0.00.
Watch: Gap narrower than usual+0.054% vs +0.109%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$74K vs $1.5M OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhoenix No · Phemex Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0144%/8h × 21 periods−$30.25

Price spread+0.054% → +0.109% (7d avg)−$5.54

Slippage, 4 orderslive order books−$102.04

Fee Phoenix bp × 2 orders−$7.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$156.83

Costs to cover1.210%Break-evennever at this rate

Slippage: Phoenix: live order book, 17 min ago; Phemex: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix3.9812.0 bp−$1224.4 bp−$244doesn’t fitdoesn’t fit

SELL · SHORTPhemex1.5360.4 bp−$60doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

NFLX news

posts that mention NFLX, from every exchange

11-05 13:24	Kalshi	Listing	new market KXNFLXPERP ($NFLX) seen by our collector
10-24 14:26	BingX	Other	Could $NFLX turn its earnings beat into a comeback? Weak Q4 guidance and 1,000 layoffs pushed shares down 5.31%. Here's what investors are watching 👇 @BingXOfficial on X ↗
10-20 22:31	Markets by Kinetiq	Other	> Netflix posts Q3. > Two minutes later, $NFLX is down on weak guidance. @Markets_xyz on X ↗
10-20 20:14	Phoenix	Other	Netflix $NFLX beats Q3 earnings estimates but cuts its 2026 ad revenue forecast to ~$2.7B from ~$3B. $NFLX is trading at $66 on Phoenix. @PhoenixTrade on X ↗
10-20 19:30	Vest Markets	Other	Trade $NFLX pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
10-20 19:30	Vest Markets	Other	$NFLX REPORTS Q3 AFTER TODAY'S CLOSE → Consensus is $12.87B in revenue (up around 12% YoY) and $0.82 EPS versus Netflix's $12.86B and $0.82 Q3 forecast. → $NFLX forecasts a 33.2% operating margin for Q3 against a 31.5% target for 2026. → Netflix expects ad revenue to roughly double to about $3B in 2026. Focus areas include Q4 outlook, ad revenue pace, viewing hours, and content amortization. @VestExchange on X ↗