NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h +0.062%

Price spread now: Phoenix against Injective−5.625%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.599%+$60 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 $0 a day on $10k at the current rate, and Phoenix is 5.625% cheaper against Injective than usual: you would sell low and buy high (−$562 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 +0.599%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NFLX/USDC PERP	78.210	0.0220	pay 0.0028% / 1h	58m 10s	$87K	$113K	12x
Short	Phoenix NFLX	73.811	0.0206	get 0.0026% / 1h	58m 10s	$12K	$76K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee PhoenixbpOrdersPrice spread, now −5.625%Rate

Funding earned: −$2.99
Price spread: −5.625% → 0.000%: −$562.46
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$572.47
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 45 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 Injective live order book, 45 min ago	43.52 bp	doesn't fit	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	73.945	−5.454%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.800	−5.639%	$876K	$829K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.760	−5.690%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.900	−5.511%	$4.2M	$594K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.816	−5.618%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.828	−5.603%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.840	−5.588%	$1.4M	$347K	10x	as long as short
Gate NFLX_USDT	+0.0031%	8h	73.870	−5.549%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.770	−5.677%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.747	−5.707%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.766	−5.682%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.780	−5.664%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.790	−5.651%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.815	−5.620%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0126%	8h	73.857	−5.566%	$83K	$140K	—	as long as short
Binance NFLXUSDT	+0.0133%	8h	73.829	−5.601%	$5.4M	$5.7M	20x	as long as short
Phoenix NFLXshort	+0.0206%	1h	73.811	−5.625%	$12K	$76K	10x
GRVT NFLX_USDT_Perp	+0.0209%	8h	73.864	−5.556%	$397	$138K	10x	as long as short
Injective NFLX/USDC PERPlong	+0.0220%	1h	78.210	long leg	$87K	$113K	12x
BloFin NFLX-USDT	+0.0254%	8h	73.890	−5.524%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0278%	8h	73.850	−5.575%	$1.3M	$890K	50x	as long as short