NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0211%/8h= −23.1% APRnext payment −$2.11 per $10,000 · paid last 24h −0.022%

Price spread now: OKX against Binance+0.009%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$600.598% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.109%−$11 on $10k

Price spread, last 2 days (all we have)+0.017%+$2 · spread now +0.009%, 7d avg −0.010%

Together, before fees−0.092%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NFLXUSDT	73.644	0.0211	pay 0.0211% / 8h	6h 36m	$5.5M	$5.4M	20x
Short	OKX NFLX-USDT-SWAP	73.650	0	get 0.0000% / 8h	6h 36m	$882K	$870K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$44.24
Price spread: +0.009% → −0.010%: $1.87
Slippage, 4 orders: −$39.78
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$102.14
Costs to cover: 0.598%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; OKX: live order book, 30 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	11.4 bp −$11	26.5 bp −$265	200.5 bp −$20.0K	doesn't fit
Sell OKX live order book, 30 min ago	2.04 bp	19.4 bp −$19	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
QFEX NFLX-USD	0.0000%	1h	73.550	−0.127%	$1.1M	$1.5M	10x	as long as short
Aster NFLXUSDT	0.0000%	8h	73.534	−0.148%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPshort	0.0000%	8h	73.650	+0.009%	$882K	$870K	20x
Gate NFLX_USDT	0.0000%	8h	73.670	+0.036%	$1.4M	$1.2M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.600	−0.059%	$4.3M	$545K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.653	+0.013%	$2K	$4.8M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.498	−0.198%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.660	+0.022%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.550	−0.127%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.548	−0.130%	$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:NFLX	+0.0050%	1h	73.555	−0.120%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.520	−0.168%	$64K	$142K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.570	−0.100%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.612	−0.042%	$225	—	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0150%	8h	73.592	−0.070%	$495	$149K	10x	as long as short
Phoenix NFLX	+0.0174%	1h	73.569	−0.101%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0191%	8h	73.600	−0.059%	$1.3M	$898K	50x	as long as short
Variational Omni NFLX	+0.0204%	8h	73.649	+0.007%	$94K	$130K	—	as long as short
Binance NFLXUSDTlong	+0.0211%	8h	73.644	long leg	$5.5M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	77.960	+5.861%	$87K	$77K	12x	as long as short
BloFin NFLX-USDT	+0.0365%	8h	73.520	−0.168%	$47K	$82K	20x	as long as short