Funding you earn now, next payment 00:00 UTC+0.0229%/8h= +25.0% APRpaid last 24h +0.081%
Price spread now: Phoenix against Gate−0.118%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.455%+$46 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.118% cheaper against Gate than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 41 hours of funding at the current rate (+$7 a day). The two prices were read 47 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 | Gate NFLX_USDT | 73.520 | 0 | get 0.0000% / 8h | 7h 00m | $1.4M | $1.2M | 25x |
| Short | Phoenix NFLX | 73.433 | 0.0229 | get 0.0029% / 1h | 0m 31s | $12K | $77K | 10x |
Gate NFLX_USDT
Phoenix NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Gate. 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
- $48.02
- Price spread: −0.118% → 0.000%
- −$11.83
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $14.19
- Costs to cover
- 0.220%
- Break-even
- 4.9 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 5.44 bp | 20.1 bp −$20 | doesn't fit | 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 | 73.438 | −0.111% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.450 | −0.095% | $883K | $947K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.400 | −0.163% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDTlong | 0.0000% | 8h | 73.520 | long leg | $1.4M | $1.2M | 25x | |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.490 | −0.041% | $4.3M | $569K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.488 | −0.044% | $1K | $4.9M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.495 | −0.034% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.490 | −0.041% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.400 | −0.163% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.383 | −0.186% | $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 | 73.385 | −0.184% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.400 | −0.163% | $64K | $151K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.430 | −0.122% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.484 | −0.050% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0220% | 8h | 73.478 | −0.057% | $94K | $139K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.120 | +0.816% | $82K | $74K | 12x | as long as short |
| Binance NFLXUSDT | +0.0226% | 8h | 73.480 | −0.054% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLXshort | +0.0229% | 1h | 73.433 | −0.118% | $12K | $77K | 10x | |
| GRVT NFLX_USDT_Perp | +0.0243% | 8h | 73.488 | −0.044% | $550 | $150K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0375% | 8h | 73.500 | −0.027% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0423% | 8h | 73.470 | −0.068% | $1.3M | $903K | 50x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Injective NFLX/USDC PERP
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT