Funding you earn now, next payment 21:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.059%
Price spread now: Vest against Phoenix−0.037%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Vest is 0.037% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | 73.527 | 0.0327 | pay 0.0041% / 1h | 0m 26s | $12K | $77K | 10x |
| Short | Vest NFLX-USD-PERP | 73.500 | 0.0046 | get 0.0006% / 1h | 0m 26s | — | $21K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$58.98
- Price spread: −0.037% → 0.000%
- −$3.67
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$71.65
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample | — | — | — | — | — |
Phoenix and Vest: 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 | 73.519 | −0.011% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.570 | +0.058% | $874K | $1.0M | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.510 | −0.023% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.620 | +0.126% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.577 | +0.068% | $1K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.547 | +0.027% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.600 | +0.099% | $1.4M | $330K | 10x | as long as short |
| Vest NFLX-USD-PERPshort | +0.0046% | 1h | 73.500 | −0.037% | — | $21K | 25x | |
| Extended NFLX-USD | +0.0048% | 1h | 73.495 | −0.043% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.500 | −0.037% | $5.1M | $3.2M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.470 | −0.078% | $68K | $169K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.520 | −0.010% | $152K | $13K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.593 | +0.090% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDT | +0.0205% | 8h | 73.600 | +0.099% | $4.2M | $621K | 50x | as long as short |
| Variational Omni NFLX | +0.0214% | 8h | 73.577 | +0.068% | $120K | $106K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.260 | +0.997% | $83K | $55K | 12x | as long as short |
| Binance NFLXUSDT | +0.0222% | 8h | 73.584 | +0.077% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLXlong | +0.0327% | 1h | 73.527 | long leg | $12K | $77K | 10x | |
| GRVT NFLX_USDT_Perp | +0.0362% | 8h | 73.580 | +0.072% | $617 | $158K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0365% | 8h | 73.560 | +0.045% | $1.3M | $1.0M | 50x | as long as short |
| BloFin NFLX-USDT | +0.0371% | 8h | 73.610 | +0.113% | $47K | $82K | 20x | as long as short |
Phoenix NFLX
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Bitget NFLXUSDT
Variational Omni NFLX
Injective NFLX/USDC PERP
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Bybit NFLXUSDT
BloFin NFLX-USDT