NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.054%

Price spread now: KuCoin against Binance−0.098%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$414as in the Funding arb table

Net, price: spread back to 7d avg − costs−$415as in the Price arb table

costs, in and out, $10k−$4124.121% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 2 days (all we have)+0.055%+$5 · spread now −0.098%, 7d avg −0.068%

Together, before fees+0.035%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.030% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.068%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NFLXUSDT	73.652	0.0211	pay 0.0211% / 8h	5h 50m	$5.4M	$5.4M	20x
Short	KuCoin NFLXUSDTM	73.580	0.0100	get 0.0100% / 8h	5h 50m	$151K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$23.36
Price spread: −0.098% → −0.068%: −$3.03
Slippage, 4 orders: −$390.08
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$438.47
Costs to cover: 4.121%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 38 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, 2 min ago	0.68 bp	11.9 bp −$12	26.4 bp −$264	198.0 bp −$19.8K	doesn't fit
Sell KuCoin live order book, 38 min ago	30.58 bp	163.2 bp −$163	doesn't fit	doesn't fit	doesn't fit

NFLX on 20 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	73.580	−0.098%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.630	−0.030%	$880K	$864K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.540	−0.153%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.720	+0.092%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.660	+0.010%	$4.3M	$544K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.642	−0.014%	$1K	$4.7M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.570	−0.112%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.650	−0.003%	$1.4M	$325K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.540	−0.153%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.574	−0.107%	$16K	$29K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.578	−0.101%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.520	−0.180%	$64K	$143K	10x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.580	−0.098%	$151K	$37K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.636	−0.022%	$225	—	10x	as long as short
Phoenix NFLX	+0.0185%	1h	73.629	−0.032%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0203%	8h	73.626	−0.036%	$94K	$130K	—	as long as short
Binance NFLXUSDTlong	+0.0211%	8h	73.652	long leg	$5.4M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	77.950	+5.835%	$87K	$82K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0243%	8h	73.645	−0.011%	$275	$144K	10x	as long as short
Bybit NFLXUSDT	+0.0288%	8h	73.640	−0.017%	$1.3M	$898K	50x	as long as short