Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.084%
Price spread now: Phemex against Binance−0.002%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.002%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 73.652 | 0.0154 | pay 0.0154% / 8h | 3h 14m | $5.4M | $5.4M | 20x |
| Short | Phemex NFLXUSDT | 73.650 | 0 | get 0.0000% / 8h | 3h 14m | $1.4M | $325K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$32.41
- Price spread: −0.002% → −0.005%
- $0.27
- Slippage, 4 orders
- −$96.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$150.17
- Costs to cover
- 1.180%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Phemex: 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 | 0.68 bp | 9.3 bp −$9 | 21.9 bp −$219 | 195.5 bp −$19.5K | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.36 bp | 57.0 bp −$57 | 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 | 73.600 | −0.070% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.640 | −0.016% | $880K | $816K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.550 | −0.138% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.640 | −0.016% | $4.3M | $565K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.651 | −0.001% | $2K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.551 | −0.137% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDTshort | 0.0000% | 8h | 73.650 | −0.002% | $1.4M | $325K | 10x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | −0.152% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.580 | −0.097% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.589 | −0.085% | $4.9M | $2.9M | 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 | 73.540 | −0.152% | $65K | $139K | 10x | as long as short |
| Gate NFLX_USDT | +0.0087% | 8h | 73.680 | +0.038% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.610 | −0.057% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.638 | −0.018% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0150% | 8h | 73.632 | −0.027% | $96K | $132K | — | as long as short |
| Binance NFLXUSDTlong | +0.0154% | 8h | 73.652 | long leg | $5.4M | $5.4M | 20x | |
| GRVT NFLX_USDT_Perp | +0.0189% | 8h | 73.644 | −0.010% | $446 | $141K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.290 | +0.866% | $83K | $98K | 12x | as long as short |
| Phoenix NFLX | +0.0250% | 1h | 73.621 | −0.042% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0276% | 8h | 73.650 | −0.002% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0364% | 8h | 73.690 | +0.052% | $1.3M | $884K | 50x | as long as short |
Binance NFLXUSDT
Phemex NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Gate NFLX_USDT
KuCoin NFLXUSDTM
Variational Omni NFLX
GRVT NFLX_USDT_Perp
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT
Bybit NFLXUSDT