Funding you earn now, next payment 02:00 UTC+0.0135%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.052%
Price spread now: Phoenix against tradeXYZ+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.314%+$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.067% dearer against tradeXYZ than usual: you sell high and buy low: +$7 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 | tradeXYZ xyz:NFLX | 73.520 | 0.0050 | pay 0.0006% / 1h | 1m 25s | $4.9M | $2.9M | 10x |
| Short | Phoenix NFLX | 73.569 | 0.0185 | get 0.0023% / 1h | 1m 25s | $12K | $77K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $28.29
- Price spread: +0.067% → 0.000%
- $6.66
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $9.95
- Costs to cover
- 0.250%
- Break-even
- 4.5 days
Slippage unknown: tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago | 1.56 bp | 11.0 bp −$11 | doesn't fit | 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 | 73.532 | +0.016% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.630 | +0.150% | $880K | $861K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.490 | −0.041% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.610 | +0.122% | $4.3M | $546K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.576 | +0.076% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.577 | +0.078% | $10K | $53K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.590 | +0.095% | $1.4M | $326K | 10x | as long as short |
| Gate NFLX_USDT | +0.0024% | 8h | 73.640 | +0.163% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.490 | −0.041% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.505 | −0.021% | $16K | $29K | 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:NFLXlong | +0.0050% | 1h | 73.520 | long leg | $4.9M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.510 | −0.014% | $65K | $139K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.530 | +0.014% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.571 | +0.069% | $225 | — | 10x | as long as short |
| Phoenix NFLXshort | +0.0185% | 1h | 73.569 | +0.067% | $12K | $77K | 10x | |
| Variational Omni NFLX | +0.0207% | 8h | 73.576 | +0.076% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0217% | 8h | 73.616 | +0.131% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.880 | +5.930% | $87K | $87K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0306% | 8h | 73.582 | +0.084% | $809 | $143K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0359% | 8h | 73.620 | +0.136% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0404% | 8h | 73.610 | +0.122% | $1.3M | $881K | 50x | as long as short |
tradeXYZ xyz:NFLX
Phoenix NFLX
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Extended NFLX-USD
KuCoin NFLXUSDTM
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT