Funding you earn now, next payment 05:00 UTC+0.0325%/8h= +35.6% APRpaid last 24h +0.115%
Price spread now: Bybit against Ondo Perps+0.204%7-day average +0.170% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.204%, 7d avg +0.170%
=Together, before fees+0.193%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.034% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.170%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 10.1% 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 | Ondo Perps NFLX-USD.P | 73.480 | 0.0050 | pay 0.0006% / 1h | 44m 27s | $65K | $139K | 10x |
| Short | Bybit NFLXUSDT | 73.630 | 0.0375 | get 0.0375% / 8h | 3h 44m | $1.3M | $875K | 50x |
Ondo Perps NFLX-USD.P
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- $68.22
- Price spread: +0.204% → +0.170%
- $3.44
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $55.66
- Costs to cover
- 0.160%
- Break-even
- 1.3 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.07 bp | 24.6 bp −$25 | 169.0 bp −$1,690 | doesn't fit | doesn't fit |
Ondo Perps: 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 | 73.530 | +0.068% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.560 | +0.109% | $879K | $816K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.510 | +0.041% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.610 | +0.177% | $4.3M | $559K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.570 | +0.122% | $2K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.534 | +0.073% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.570 | +0.122% | $1.4M | $324K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.510 | +0.041% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.502 | +0.030% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.513 | +0.045% | $4.9M | $2.9M | 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-USD
tradeXYZ xyz:NFLXShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.Plong | +0.0050% | 1h | 73.480 | long leg | $65K | $139K | 10x | |
| Gate NFLX_USDT | +0.0059% | 8h | 73.620 | +0.191% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.530 | +0.068% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.567 | +0.118% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0175% | 8h | 73.552 | +0.098% | $94K | $129K | — | as long as short |
| Binance NFLXUSDT | +0.0181% | 8h | 73.570 | +0.122% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.890 | +6.002% | $87K | $95K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0225% | 8h | 73.576 | +0.130% | $529 | $143K | 10x | as long as short |
| Phoenix NFLX | +0.0250% | 1h | 73.584 | +0.142% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0302% | 8h | 73.560 | +0.109% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDTshort | +0.0375% | 8h | 73.630 | +0.204% | $1.3M | $875K | 50x |
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
Phoenix NFLX
BloFin NFLX-USDT