NFLX

Alert

Funding spread now, next payment 16:00 UTC+0.0293%/8h

next payment, per $10,000+$2.93paid, last 24h+0.035%paid, last 3 days+0.071%to open and closeno order book

Long on Phemex Short on Variational Omni

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.071% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.93 per $10,000. 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	73.480	0	get 0.0000% / 8h	31m 56s	$1.4M	$230K	10x
Short	Variational Omni NFLX	73.443	0.0293	get 0.0293% / 8h	31m 56s	$135K	$92K	—

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee Variational OmnibpOrdersRate

Funding earned: $61.58
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $49.58
Break-even: 1.4 days

Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 18 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.050%
Avg gap 7d: −0.016%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 2 min ago	4.09 bp	46.1 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 18 min ago	5.10 bp	doesn't fit	33.7 bp −$337	doesn't fit	doesn't fit

NFLX on 20 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	$9K	$340	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	$1.1M	$870K	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	$1.3M	$970K	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	$1K	$4.5M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	$11K	$49K	20x	as long as short
Phemex NFLXUSDTlong	0.0000%	8h	$1.4M	$230K	10x
Vest NFLX-USD-PERP	+0.0046%	1h	—	$15K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	$10K	$23K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	$5.6M	$2.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	$84K	$132K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin NFLXUSDTM	+0.0100%	8h	$155K	$8K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	$225	—	10x	as long as short
Bitget NFLXUSDT	+0.0109%	8h	$4.1M	$450K	50x	as long as short
Phoenix NFLX	+0.0218%	1h	$12K	$66K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	$83K	$30K	12x	as long as short
OKX NFLX-USDT-SWAP	+0.0270%	8h	$1.0M	$725K	20x	as long as short
Binance NFLXUSDT	+0.0278%	8h	$5.7M	$3.8M	20x	as long as short
Variational Omni NFLXshort	+0.0293%	8h	$135K	$92K	—
BloFin NFLX-USDT	+0.0399%	8h	$48K	$23K	20x	as long as short
Bybit NFLXUSDT	+0.0636%	8h	$1.3M	$898K	50x	as long as short