NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.084%

Price spread now: SunX against Binance+0.028%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$298as in the Funding arb table

Net, price: spread back to 7d avg − costs−$272as in the Price arb table

costs, in and out, $10k−$2752.753% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.028%, 7d avg −0.005%

Together, before fees−0.265%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.033% dearer against Binance than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NFLXUSDT	73.933	0.0120	pay 0.0120% / 8h	1h 38m	$5.4M	$5.6M	20x
Short	SunX NFLX-USDT	73.954	0	get 0.0000% / 8h	1h 38m	$2K	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$25.14
Price spread: +0.028% → −0.005%: $3.27
Slippage, 4 orders: −$257.32
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$297.19
Costs to cover: 2.753%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; SunX: live order book, 10 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, 14 min ago	0.68 bp	11.9 bp −$12	29.6 bp −$296	135.8 bp −$13.6K	doesn't fit
Sell SunX live order book, 10 min ago	45.16 bp	127.4 bp −$127	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	73.878	−0.075%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.890	−0.058%	$878K	$835K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.830	−0.140%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.960	+0.036%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDTshort	0.0000%	8h	73.954	+0.028%	$2K	$4.6M	10x
HTX NFLX-USDT	0.0000%	8h	73.906	−0.037%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.023%	$1.4M	$343K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.880	−0.072%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0046%	8h	73.990	+0.077%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.870	−0.085%	$12K	$19K	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	73.878	−0.075%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.830	−0.140%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.880	−0.072%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.949	+0.022%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0114%	8h	73.952	+0.026%	$95K	$126K	—	as long as short
Binance NFLXUSDTlong	+0.0120%	8h	73.933	long leg	$5.4M	$5.6M	20x
GRVT NFLX_USDT_Perp	+0.0181%	8h	73.947	+0.019%	$501	$139K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.955	+0.030%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.620	+0.929%	$83K	$109K	12x	as long as short
BloFin NFLX-USDT	+0.0241%	8h	73.950	+0.023%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0277%	8h	73.900	−0.045%	$1.3M	$872K	50x	as long as short