Funding you earn now, next payment 20:00 UTC−0.0562%/8hpaid last 24h −0.099%
Price spread now: QFEX against Bybit−0.149%7-day average −0.302% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$610.614% of the position
Funding, last 3 days (all we have)−0.177%−$18 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.149%, 7d avg −0.302%
=The price spread pays, funding is against you. QFEX is 0.153% dearer against Bybit than usual: you sell high and buy low (spread −0.149% now, against its 7-day average of −0.302%): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 3 days (−0.177% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.177% in total (about -20.0% a year). A funding rate is set anew for every payment. 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 | 73.900 | 0.0562 | pay 0.0562% / 8h | 4h 22m | $1.3M | $999K | 50x |
| Short | QFEX NFLX-USD | 73.790 | 0 | get 0.0000% / 1h | 22m 36s | $1.1M | $1.3M | 10x |
Bybit NFLXUSDT
QFEX NFLX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$117.93
- Price spread: −0.149% → −0.302%
- $15.29
- Slippage, 4 orders
- −$40.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$164.06
- Costs to cover
- 0.614%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; QFEX: live order book, 8 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, 7 min ago | 2.03 bp | 12.4 bp −$12 | 60.5 bp −$605 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 2.03 bp | 9.7 bp −$10 | 14.5 bp −$145 | 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 | 73.832 | −0.093% | $9K | $340 | 20x | as long as short |
| QFEX NFLX-USDshort | 0.0000% | 1h | 73.790 | −0.149% | $1.1M | $1.3M | 10x | |
| Gate NFLX_USDT | 0.0000% | 8h | 73.900 | 0.000% | $1.3M | $1.2M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.870 | −0.041% | $4.2M | $520K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.861 | −0.053% | $1K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.928 | +0.038% | $11K | $49K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.740 | −0.217% | $1.4M | $309K | 10x | as long as short |
| OKX NFLX-USDT-SWAP | +0.0037% | 8h | 73.850 | −0.068% | $879K | $979K | 20x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.780 | −0.162% | — | $18K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.792 | −0.146% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
OKX NFLX-USDT-SWAP
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 | 73.798 | −0.138% | $5.2M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.800 | −0.135% | $69K | $153K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.800 | −0.135% | $152K | $10K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.864 | −0.048% | $226 | — | 10x | as long as short |
| Binance NFLXUSDT | +0.0132% | 8h | 73.876 | −0.032% | $5.5M | $5.0M | 20x | as long as short |
| Variational Omni NFLX | +0.0138% | 8h | 73.900 | 0.000% | $120K | $110K | — | as long as short |
| GRVT NFLX_USDT_Perp | +0.0203% | 8h | 73.903 | +0.004% | $428 | $151K | 10x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.868 | −0.043% | $12K | $66K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.550 | +0.880% | $83K | $38K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0253% | 8h | 73.910 | +0.014% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0562% | 8h | 73.900 | long leg | $1.3M | $999K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Binance NFLXUSDT
Variational Omni NFLX
GRVT NFLX_USDT_Perp
Phoenix NFLX
Injective NFLX/USDC PERP
BloFin NFLX-USDT