Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −26.9% APRnext payment −$2.46 per $10,000 · paid last 24h −0.122%
Price spread now: Phemex against BloFin−0.027%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Phemex is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NFLX-USDT | 73.760 | 0.0246 | pay 0.0246% / 8h | 2h 45m | $47K | $83K | 20x |
| Short | Phemex NFLXUSDT | 73.740 | 0 | get 0.0000% / 8h | 2h 45m | $1.4M | $329K | 10x |
BloFin NFLX-USDT
Phemex NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. 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
- −$51.6
- Price spread: −0.027% → 0.000%
- −$2.71
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$78.31
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 0.68 bp | 52.4 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 73.733 | −0.036% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.820 | +0.081% | $881K | $821K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.700 | −0.081% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.790 | +0.041% | $4.3M | $574K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.773 | +0.018% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.759 | −0.001% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDTshort | 0.0000% | 8h | 73.740 | −0.027% | $1.4M | $329K | 10x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.710 | −0.068% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.729 | −0.041% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.737 | −0.031% | $4.9M | $2.9M | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Vest NFLX-USD-PERP
Extended NFLX-USD
tradeXYZ xyz:NFLXShow 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 | 73.690 | −0.095% | $66K | $141K | 10x | as long as short |
| Gate NFLX_USDT | +0.0059% | 8h | 73.820 | +0.081% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.720 | −0.054% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.768 | +0.010% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0123% | 8h | 73.782 | +0.030% | $97K | $131K | — | as long as short |
| Binance NFLXUSDT | +0.0126% | 8h | 73.780 | +0.027% | $5.4M | $5.4M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0148% | 8h | 73.791 | +0.042% | $974 | $142K | 10x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.706 | −0.073% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.410 | +0.881% | $83K | $101K | 12x | as long as short |
| BloFin NFLX-USDTlong | +0.0246% | 8h | 73.760 | long leg | $47K | $83K | 20x | |
| Bybit NFLXUSDT | +0.0343% | 8h | 73.810 | +0.068% | $1.3M | $885K | 50x | as long as short |
Ondo Perps NFLX-USD.P
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Phoenix NFLX
Injective NFLX/USDC PERP
Bybit NFLXUSDT