NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.1% APRnext payment +$0.30 per $10,000 · paid last 24h +0.071%

Price spread now: Phoenix against QFEX+0.149%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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 +$7 a day on $10k at the current rate, and Phoenix is 0.149% dearer against QFEX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NFLX-USD	73.980	0	get 0.0000% / 1h	59m 11s	$1.1M	$1.4M	10x
Short	Phoenix NFLX	74.090	0.0238	get 0.0030% / 1h	59m 11s	$12K	$76K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against QFEX. 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 QFEXbpFee PhoenixbpOrdersPrice spread, now +0.149%Rate

Funding earned: $50.02
Price spread: +0.149% → 0.000%: $14.87
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $47.89
Costs to cover: 0.170%
Break-even: 0.3 days

Slippage unknown: QFEX: live order book, 2 min ago; Phoenix: 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 QFEX live order book, 2 min ago	2.70 bp	13.1 bp −$13	20.5 bp −$205	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

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	74.286	+0.414%	$12K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.130	+0.203%	$887K	$789K	20x	as long as short
QFEX NFLX-USDlong	0.0000%	1h	73.980	long leg	$1.1M	$1.4M	10x
Gate NFLX_USDT	0.0000%	8h	74.110	+0.176%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	74.150	+0.230%	$4.2M	$624K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.106	+0.170%	$1K	$4.2M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.036	+0.076%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.130	+0.203%	$1.4M	$343K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	74.000	+0.027%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	74.050	+0.095%	$64K	$138K	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	+0.0087%	1h	74.026	+0.062%	$5.0M	$2.9M	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.090	+0.149%	$152K	$105K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.113	+0.179%	$227	—	10x	as long as short
Extended NFLX-USD	+0.0216%	1h	74.030	+0.068%	$12K	$19K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.430	+6.015%	$87K	$126K	12x	as long as short
Phoenix NFLXshort	+0.0238%	1h	74.090	+0.149%	$12K	$76K	10x
Variational Omni NFLX	+0.0249%	8h	74.131	+0.204%	$76K	$124K	—	as long as short
Binance NFLXUSDT	+0.0252%	8h	74.120	+0.189%	$5.4M	$5.6M	20x	as long as short
Bybit NFLXUSDT	+0.0319%	8h	74.170	+0.257%	$1.3M	$832K	50x	as long as short
BloFin NFLX-USDT	+0.0381%	8h	74.120	+0.189%	$47K	$82K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0787%	8h	74.130	+0.203%	$254	$123K	10x	as long as short