Funding you earn now, next payment 08:00 UTC−0.0379%/8h= −41.5% APRnext payment −$3.79 per $10,000 · paid last 24h −0.130%
Price spread now: Gate against Bybit+0.041%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.041%, 7d avg −0.006%
=The price spread pays, funding is against you. Gate is 0.047% dearer against Bybit than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.006%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.224% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.224% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 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 | Bybit NFLXUSDT | 73.600 | 0.0398 | pay 0.0398% / 8h | 5h 03m | $1.3M | $881K | 50x |
| Short | Gate NFLX_USDT | 73.630 | 0.0019 | get 0.0019% / 8h | 5h 03m | $1.4M | $1.2M | 25x |
Bybit NFLXUSDT
Gate NFLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$79.66
- Price spread: +0.041% → −0.006%
- $4.67
- Slippage, 4 orders
- −$89.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.91
- Costs to cover
- 1.159%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: 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 Bybit live order book, 2 min ago | 4.75 bp | 17.4 bp −$17 | 160.8 bp −$1,608 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.39 bp | 64.5 bp −$65 | 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 | 73.520 | −0.109% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.630 | +0.041% | $880K | $861K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.480 | −0.163% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.620 | +0.027% | $4.3M | $546K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.571 | −0.039% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.577 | −0.031% | $10K | $53K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.590 | −0.014% | $1.4M | $326K | 10x | as long as short |
| Gate NFLX_USDTshort | +0.0019% | 8h | 73.630 | +0.041% | $1.4M | $1.2M | 25x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.480 | −0.163% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.493 | −0.145% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.499 | −0.137% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.500 | −0.136% | $65K | $139K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.530 | −0.095% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.568 | −0.044% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0185% | 1h | 73.569 | −0.042% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0207% | 8h | 73.576 | −0.033% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0215% | 8h | 73.584 | −0.021% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.870 | +5.802% | $87K | $86K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0290% | 8h | 73.590 | −0.014% | $825 | $143K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0356% | 8h | 73.620 | +0.027% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0398% | 8h | 73.600 | long leg | $1.3M | $881K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Phoenix NFLX
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT