Funding you earn now, next payment 06:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h +0.109%
Price spread now: Bybit against tradeXYZ+0.163%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.163%, 7d avg +0.124%
=Together, before fees−0.022%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.039% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.124%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NFLX | 73.690 | 0.0050 | pay 0.0006% / 1h | 47m 25s | $4.9M | $2.9M | 10x |
| Short | Bybit NFLXUSDT | 73.810 | 0.0341 | get 0.0341% / 8h | 2h 47m | $1.3M | $885K | 50x |
tradeXYZ xyz:NFLX
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- $61.11
- Price spread: +0.163% → +0.124%
- $3.91
- Slippage, 4 orders
- −$41.77
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$5.76
- Costs to cover
- 0.708%
- Break-even
- 7.7 days
Slippage from tradeXYZ: live order book, 11 min ago; Bybit: 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 tradeXYZ live order book, 11 min ago | 1.42 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.78 bp | 26.4 bp −$26 | 179.1 bp −$1,791 | 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 | 73.721 | +0.042% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.820 | +0.176% | $881K | $821K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.700 | +0.014% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.770 | +0.109% | $4.3M | $574K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.773 | +0.113% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.759 | +0.094% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.730 | +0.054% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.710 | +0.027% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.678 | −0.016% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLXlong | +0.0050% | 1h | 73.690 | long leg | $4.9M | $2.9M | 10x |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.690 | 0.000% | $66K | $141K | 10x | as long as short |
| Gate NFLX_USDT | +0.0060% | 8h | 73.830 | +0.190% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.730 | +0.054% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.768 | +0.106% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0120% | 8h | 73.777 | +0.118% | $97K | $131K | — | as long as short |
| Binance NFLXUSDT | +0.0126% | 8h | 73.770 | +0.109% | $5.4M | $5.4M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0148% | 8h | 73.791 | +0.137% | $974 | $142K | 10x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.706 | +0.022% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.410 | +0.977% | $83K | $101K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0244% | 8h | 73.750 | +0.081% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDTshort | +0.0341% | 8h | 73.810 | +0.163% | $1.3M | $885K | 50x |
Ondo Perps NFLX-USD.P
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Phoenix NFLX
Injective NFLX/USDC PERP
BloFin NFLX-USDT