Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.031%
Price spread now: KuCoin against OKX−0.136%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$469as in the Price arb table
costs, in and out, $10k−$4614.607% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.136%, 7d avg −0.054%
=Funding pays, the price is against you. KuCoin is 0.082% cheaper against OKX than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.054%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.089% in total) that is about 6.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NFLX-USDT-SWAP | 73.640 | 0 | get 0.0000% / 8h | 4h 33m | $880K | $835K | 20x |
| Short | KuCoin NFLXUSDTM | 73.540 | 0.0100 | get 0.0100% / 8h | 4h 33m | $151K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $21
- Price spread: −0.136% → −0.054%
- −$8.22
- Slippage, 4 orders
- −$438.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$447.91
- Costs to cover
- 4.607%
- Break-even
- 156.3 days
Slippage from OKX: live order book, 23 min ago; KuCoin: live order book, 41 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 OKX live order book, 23 min ago | 2.04 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 23.12 bp | 171.3 bp −$171 | doesn't fit | 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 | 73.549 | −0.124% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAPlong | 0.0000% | 8h | 73.640 | long leg | $880K | $835K | 20x | |
| QFEX NFLX-USD | 0.0000% | 1h | 73.530 | −0.149% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.610 | −0.041% | $4.3M | $559K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.607 | −0.045% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.541 | −0.134% | $10K | $53K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.620 | −0.027% | $1.4M | $324K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | −0.136% | — | $21K | 25x | as long as short |
| Gate NFLX_USDT | +0.0046% | 8h | 73.650 | +0.014% | $1.4M | $1.2M | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.534 | −0.145% | $16K | $29K | 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 | 73.543 | −0.132% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.520 | −0.163% | $65K | $140K | 10x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 73.540 | −0.136% | $151K | $37K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.608 | −0.043% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0200% | 8h | 73.597 | −0.058% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0208% | 8h | 73.610 | −0.041% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.930 | +5.826% | $87K | $90K | 12x | as long as short |
| Phoenix NFLX | +0.0239% | 1h | 73.570 | −0.095% | $12K | $77K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0297% | 8h | 73.594 | −0.063% | $634 | $144K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0347% | 8h | 73.580 | −0.081% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0383% | 8h | 73.630 | −0.014% | $1.3M | $876K | 50x | as long as short |
OKX NFLX-USDT-SWAP
KuCoin NFLXUSDTM
Aster NFLXUSDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT