Funding you earn now, next payment 03:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.011%
Price spread now: Injective against Phemex+5.853%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 5.853% dearer against Phemex than usual: you sell high and buy low: +$585 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.142%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.142% in total (about -7.4% 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 | Phemex NFLXUSDT | 73.640 | 0 | get 0.0000% / 8h | 5h 51m | $1.4M | $325K | 10x |
| Short | Injective NFLX/USDC PERP | 77.950 | 0.0220 | get 0.0028% / 1h | 51m 35s | $87K | $81K | 12x |
Phemex NFLXUSDT
Injective NFLX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phemex. 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
- $46.2
- Price spread: +5.853% → 0.000%
- $585.28
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $619.46
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 1 min ago; Injective: 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 Phemex live order book, 1 min ago | 1.36 bp | 43.6 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NFLXUSDT | 0.0000% | 8h | 73.576 | −0.087% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.620 | −0.027% | $880K | $863K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.540 | −0.136% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.700 | +0.081% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.650 | +0.014% | $4.3M | $544K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.632 | −0.011% | $1K | $4.7M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.570 | −0.095% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDTlong | 0.0000% | 8h | 73.640 | long leg | $1.4M | $325K | 10x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | −0.136% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.547 | −0.127% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
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:NFLX | +0.0050% | 1h | 73.553 | −0.118% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.520 | −0.163% | $64K | $143K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.580 | −0.081% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.621 | −0.025% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0185% | 1h | 73.629 | −0.015% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0207% | 8h | 73.648 | +0.011% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0212% | 8h | 73.645 | +0.007% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERPshort | +0.0220% | 1h | 77.950 | +5.853% | $87K | $81K | 12x | |
| GRVT NFLX_USDT_Perp | +0.0243% | 8h | 73.645 | +0.006% | $275 | $144K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0279% | 8h | 73.640 | 0.000% | $1.3M | $898K | 50x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Phoenix NFLX
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Bybit NFLXUSDT