NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%

Price spread now: tradeXYZ against QFEX−0.007%7-day average +0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.070%+$7 on $10k

Price spread, last 7 days−0.037%−$4 · spread now −0.007%, 7d avg +0.091%

Together, before fees+0.033%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.098% cheaper against QFEX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.091%). If the spread goes back, that is −$10 on $10k: about 6.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NFLX-USD	73.440	0	get 0.0000% / 1h	35m 38s	$1.1M	$1.5M	10x
Short	tradeXYZ xyz:NFLX	73.435	0.0050	get 0.0006% / 1h	35m 38s	$5.1M	$3.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.007%Rate

Funding earned: $10.5
Price spread: −0.007% → +0.091%: −$9.76
Slippage, 4 orders: −$23.44
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$50.71
Costs to cover: 0.514%
Break-even: 40.8 days

Slippage from QFEX: live order book, 1 min ago; tradeXYZ: live order book, 3 min ago.

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, 1 min ago	2.72 bp	13.2 bp −$13	24.4 bp −$244	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	1.29 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit

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	73.463	+0.031%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.490	+0.068%	$872K	$988K	20x	as long as short
QFEX NFLX-USDlong	0.0000%	1h	73.440	long leg	$1.1M	$1.5M	10x
Gate NFLX_USDT	0.0000%	8h	73.570	+0.177%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.521	+0.110%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.376	−0.087%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.520	+0.109%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.400	−0.054%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.432	−0.011%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLXshort	+0.0050%	1h	73.435	−0.007%	$5.1M	$3.0M	10x

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	73.400	−0.054%	$68K	$172K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.460	+0.027%	$152K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.527	+0.119%	$225	—	10x	as long as short
Bitget NFLXUSDT	+0.0110%	8h	73.510	+0.095%	$4.2M	$638K	50x	as long as short
Variational Omni NFLX	+0.0186%	8h	73.517	+0.104%	$120K	$106K	—	as long as short
Binance NFLXUSDT	+0.0190%	8h	73.520	+0.109%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0207%	1h	73.475	+0.048%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.170	+0.994%	$83K	$64K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0300%	8h	73.520	+0.109%	$834	$157K	10x	as long as short
BloFin NFLX-USDT	+0.0312%	8h	73.520	+0.109%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0394%	8h	73.540	+0.136%	$1.3M	$1.0M	50x	as long as short