Funding you earn now, next payment 02:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.104%
Price spread now: tradeXYZ against Bybit−0.141%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.650% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.141%, 7d avg −0.135%
=Together, before fees−0.033%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.135%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% 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 | 73.680 | 0.0252 | pay 0.0252% / 8h | 6h 13m | $1.3M | $897K | 50x |
| Short | tradeXYZ xyz:NFLX | 73.576 | 0.0050 | get 0.0006% / 1h | 13m 16s | $5.0M | $2.9M | 10x |
Bybit NFLXUSDT
tradeXYZ xyz:NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$42.39
- Price spread: −0.141% → −0.135%
- −$0.62
- Slippage, 4 orders
- −$35.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$107.99
- Costs to cover
- 0.650%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: live order book, 5 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 | 6.79 bp | 18.1 bp −$18 | 130.0 bp −$1,300 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.02 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
NFLX on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NFLX-USD | 0.0000% | 1h | 73.560 | −0.163% | $1.1M | $1.4M | 10x | as long as short |
| Aster NFLXUSDT | 0.0000% | 8h | 73.582 | −0.133% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.670 | −0.014% | $881K | $868K | 20x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.700 | +0.027% | $1.4M | $1.2M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.600 | −0.109% | $4.3M | $544K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.653 | −0.037% | $2K | $4.7M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.648 | −0.043% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.640 | −0.054% | $1.4M | $323K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.560 | −0.163% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.570 | −0.149% | $16K | $29K | 10x | as long as short |
QFEX NFLX-USD
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLXshort | +0.0050% | 1h | 73.576 | −0.141% | $5.0M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.540 | −0.190% | $64K | $142K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.600 | −0.109% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.638 | −0.057% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0174% | 1h | 73.629 | −0.069% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0212% | 8h | 73.651 | −0.039% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0218% | 8h | 73.650 | −0.041% | $5.5M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.310 | +0.855% | $83K | $79K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0232% | 8h | 73.655 | −0.034% | $656 | $146K | 10x | as long as short |
| Bybit NFLXUSDTlong | +0.0252% | 8h | 73.680 | long leg | $1.3M | $897K | 50x |
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