Funding you earn now, next payment 23:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.016%
Price spread now: Phoenix against Variational Omni−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Phoenix is 0.063% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NFLX | 73.505 | 0.0220 | pay 0.0220% / 8h | 7h 59m | $94K | $139K | — |
| Short | Phoenix NFLX | 73.459 | 0.0207 | get 0.0026% / 1h | 59m 27s | $12K | $76K | 10x |
Variational Omni NFLX
Phoenix NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Variational Omni. 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
- −$2.76
- Price spread: −0.063% → 0.000%
- −$6.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$16.03
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 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 Variational Omni RFQ quote, 14 min ago | 3.99 bp | doesn't fit | 6.2 bp −$62 | 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 | 73.451 | −0.073% | $11K | $5K | 20x | as long as short |
| Bybit NFLXUSDT | 0.0000% | 8h | 73.560 | +0.075% | $1.3M | $967K | 50x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.520 | +0.020% | $885K | $985K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.470 | −0.048% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.570 | +0.088% | $1.3M | $1.1M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.513 | +0.011% | $2K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.504 | −0.001% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.510 | +0.007% | $1.4M | $335K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.460 | −0.061% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.421 | −0.114% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
Bybit NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.419 | −0.117% | $5.0M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.490 | −0.021% | $64K | $196K | 10x | as long as short |
| Bitget NFLXUSDT | +0.0089% | 8h | 73.500 | −0.007% | $4.3M | $630K | 50x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.430 | −0.102% | $152K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.514 | +0.012% | $225 | — | 10x | as long as short |
| Phoenix NFLXshort | +0.0207% | 1h | 73.459 | −0.063% | $12K | $76K | 10x | |
| Variational Omni NFLXlong | +0.0220% | 8h | 73.505 | long leg | $94K | $139K | — | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.810 | +5.857% | $87K | $68K | 12x | as long as short |
| Binance NFLXUSDT | +0.0227% | 8h | 73.528 | +0.031% | $5.4M | $5.5M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0306% | 8h | 73.520 | +0.020% | $608 | $156K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0372% | 8h | 73.520 | +0.020% | $46K | $82K | 20x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
Bitget NFLXUSDT
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Injective NFLX/USDC PERP
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT