Funding you earn now, next payment 04:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h −0.056%
Price spread now: Phoenix against Bybit−0.186%95s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.235%+$24 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 −$3 a day on $10k at the current rate, and Phoenix is 0.186% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.235%, so the current rate has only just turned against you. The two prices were read 95 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 | Bybit NFLXUSDT | 73.800 | 0.0342 | pay 0.0342% / 8h | 3h 05m | $1.3M | $884K | 50x |
| Short | Phoenix NFLX | 73.663 | 0.0250 | get 0.0031% / 1h | 5m 50s | $12K | $77K | 10x |
Bybit NFLXUSDT
Phoenix NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$19.21
- Price spread: −0.186% → 0.000%
- −$18.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$55.78
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Phoenix: no order-book sample. 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 Bybit live order book, 5 min ago | 6.11 bp | 22.1 bp −$22 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | 73.732 | −0.092% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.770 | −0.041% | $881K | $820K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.740 | −0.081% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.750 | −0.068% | $4.3M | $573K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.772 | −0.038% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.753 | −0.064% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.760 | −0.054% | $1.4M | $328K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.730 | −0.095% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.719 | −0.110% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.720 | −0.108% | $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
Phemex NFLXUSDT
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 | 73.760 | −0.054% | $65K | $140K | 10x | as long as short |
| Gate NFLX_USDT | +0.0070% | 8h | 73.780 | −0.027% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.750 | −0.068% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.774 | −0.035% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0134% | 8h | 73.762 | −0.051% | $97K | $132K | — | as long as short |
| Binance NFLXUSDT | +0.0139% | 8h | 73.765 | −0.048% | $5.4M | $5.4M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0174% | 8h | 73.670 | −0.176% | $441 | $141K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.150 | +5.894% | $87K | $99K | 12x | as long as short |
| Phoenix NFLXshort | +0.0250% | 1h | 73.663 | −0.186% | $12K | $77K | 10x | |
| BloFin NFLX-USDT | +0.0261% | 8h | 73.690 | −0.149% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0342% | 8h | 73.800 | long leg | $1.3M | $884K | 50x |
Ondo Perps NFLX-USD.P
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Injective NFLX/USDC PERP
BloFin NFLX-USDT