Funding you earn now, next payment 22:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.068%
Price spread now: Bitget against Phoenix−0.020%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.450%−$45 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 −$3 a day on $10k at the current rate, and Bitget is 0.020% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NFLX | 73.595 | 0.0272 | pay 0.0034% / 1h | 46m 38s | $12K | $77K | 10x |
| Short | Bitget NFLXUSDT | 73.580 | 0.0178 | get 0.0178% / 8h | 1h 46m | $4.2M | $621K | 50x |
Phoenix NFLX
Bitget NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phoenix. 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
- −$19.73
- Price spread: −0.020% → 0.000%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$40.77
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Bitget: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 8.83 bp | 17.5 bp −$17 | 46.7 bp −$467 | doesn't fit | doesn't fit |
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 | 73.534 | −0.083% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.610 | +0.020% | $874K | $999K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.510 | −0.115% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.620 | +0.034% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.598 | +0.004% | $1K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.537 | −0.079% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.590 | −0.007% | $1.4M | $331K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.530 | −0.088% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.475 | −0.163% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.475 | −0.163% | $5.1M | $3.2M | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
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.P | +0.0050% | 1h | 73.550 | −0.061% | $68K | $169K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.490 | −0.143% | $152K | $13K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.588 | −0.009% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDTshort | +0.0178% | 8h | 73.580 | −0.020% | $4.2M | $621K | 50x | |
| Variational Omni NFLX | +0.0208% | 8h | 73.604 | +0.012% | $120K | $106K | — | as long as short |
| Binance NFLXUSDT | +0.0208% | 8h | 73.588 | −0.010% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.230 | +0.863% | $83K | $57K | 12x | as long as short |
| Phoenix NFLXlong | +0.0272% | 1h | 73.595 | long leg | $12K | $77K | 10x | |
| GRVT NFLX_USDT_Perp | +0.0343% | 8h | 73.603 | +0.011% | $656 | $158K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0344% | 8h | 73.570 | −0.034% | $1.3M | $1.0M | 50x | as long as short |
| BloFin NFLX-USDT | +0.0346% | 8h | 73.590 | −0.007% | $46K | $82K | 20x | as long as short |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
Bybit NFLXUSDT
BloFin NFLX-USDT