Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.010%
Price spread now: KuCoin against tradeXYZ+0.004%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.168%+$17 · spread now +0.004%, 7d avg +0.075%
=Together, before fees+0.229%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.071% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.075%). If the spread goes back, that is −$7 on $10k: about 4.8 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 | tradeXYZ xyz:NFLX | 74.107 | 0.0050 | pay 0.0006% / 1h | 19m 45s | $5.0M | $2.9M | 10x |
| Short | KuCoin NFLXUSDTM | 74.110 | 0.0100 | get 0.0100% / 8h | 7h 19m | $152K | $82K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.5
- Price spread: +0.004% → +0.075%
- −$7.13
- Slippage, 4 orders
- −$128.29
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$154.92
- Costs to cover
- 1.583%
- Break-even
- 110.3 days
Slippage from tradeXYZ: live order book, 9 min ago; KuCoin: live order book, 1 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, 9 min ago | 1.01 bp | 12.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 20.91 bp | 57.0 bp −$57 | 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 | 74.067 | −0.055% | $11K | $5K | 20x | as long as short |
| Bybit NFLXUSDT | 0.0000% | 8h | 74.220 | +0.152% | $1.3M | $823K | 50x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.200 | +0.125% | $889K | $793K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 74.090 | −0.023% | $1.1M | $1.3M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.200 | +0.125% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.180 | +0.099% | $4.2M | $620K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.188 | +0.109% | $1K | $4.2M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.221 | +0.154% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 74.180 | +0.099% | $1.4M | $342K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 74.090 | −0.023% | — | $21K | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NFLX-USD | +0.0048% | 1h | 74.080 | −0.036% | $12K | $19K | 10x | as long as short |
| tradeXYZ xyz:NFLXlong | +0.0050% | 1h | 74.107 | long leg | $5.0M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 74.060 | −0.063% | $64K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 74.110 | +0.004% | $152K | $82K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.166 | +0.080% | $227 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0195% | 8h | 74.184 | +0.104% | $84K | $118K | — | as long as short |
| Binance NFLXUSDT | +0.0210% | 8h | 74.220 | +0.152% | $5.4M | $5.5M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.800 | +0.935% | $83K | $123K | 12x | as long as short |
| Phoenix NFLX | +0.0238% | 1h | 74.110 | +0.004% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0313% | 8h | 74.200 | +0.125% | $47K | $78K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0713% | 8h | 74.151 | +0.060% | $257 | $125K | 10x | as long as short |
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Aster NFLXUSDT
Bybit NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp