Funding you earn now, next payment 00:00 UTC−0.0208%/8h= −22.8% APRnext payment −$2.08 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against Binance+0.015%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 2 days (all we have)−0.031%−$3 · spread now +0.015%, 7d avg −0.009%
=The price spread pays, funding is against you. Gate is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.009%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.202% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 73.579 | 0.0208 | pay 0.0208% / 8h | 1h 44m | $5.4M | $5.4M | 20x |
| Short | Gate NFLX_USDT | 73.590 | 0 | get 0.0000% / 8h | 1h 44m | $1.3M | $1.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$43.75
- Price spread: +0.015% → −0.009%
- $2.41
- Slippage, 4 orders
- −$103.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$170.04
- Costs to cover
- 1.287%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Gate: 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 Binance live order book, 8 min ago | 1.36 bp | 13.8 bp −$14 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 8.15 bp | 82.3 bp −$82 | 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 | 73.520 | −0.080% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.620 | +0.056% | $874K | $1.0M | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.490 | −0.121% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDTshort | 0.0000% | 8h | 73.590 | +0.015% | $1.3M | $1.2M | 25x | |
| SunX NFLX-USDT | 0.0000% | 8h | 73.597 | +0.025% | $1K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.537 | −0.057% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.610 | +0.042% | $1.4M | $331K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.470 | −0.148% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.469 | −0.150% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.472 | −0.145% | $5.1M | $3.2M | 10x | as long as short |
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 | 73.510 | −0.094% | $68K | $169K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.490 | −0.121% | $152K | $13K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.573 | −0.008% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDT | +0.0177% | 8h | 73.570 | −0.012% | $4.2M | $621K | 50x | as long as short |
| Variational Omni NFLX | +0.0202% | 8h | 73.589 | +0.013% | $120K | $106K | — | as long as short |
| Binance NFLXUSDTlong | +0.0208% | 8h | 73.579 | long leg | $5.4M | $5.4M | 20x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.210 | +0.858% | $83K | $57K | 12x | as long as short |
| Phoenix NFLX | +0.0272% | 1h | 73.595 | +0.022% | $12K | $77K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0339% | 8h | 73.576 | −0.004% | $838 | $157K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0346% | 8h | 73.590 | +0.015% | $46K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0346% | 8h | 73.570 | −0.012% | $1.3M | $1.0M | 50x | as long as short |
Binance NFLXUSDT
Gate NFLX_USDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Bitget NFLXUSDT
Variational Omni NFLX
Injective NFLX/USDC PERP
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT