Funding you earn now, next payment 08:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.051%
Price spread now: Extended against Phoenix−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.059% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NFLX | 74.017 | 0.0238 | pay 0.0030% / 1h | 37m 24s | $12K | $77K | 10x |
| Short | Extended NFLX-USD | 73.973 | 0.0048 | get 0.0006% / 1h | 37m 24s | $12K | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$39.94
- Price spread: −0.059% → 0.000%
- −$5.89
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.82
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Phoenix and Extended: 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 | 73.984 | −0.044% | $11K | $5K | 20x | as long as short |
| Bybit NFLXUSDT | 0.0000% | 8h | 74.080 | +0.085% | $1.3M | $878K | 50x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.070 | +0.072% | $889K | $807K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.960 | −0.077% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.090 | +0.099% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.050 | +0.045% | $4.3M | $593K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.057 | +0.054% | $2K | $4.5M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.067 | +0.068% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 74.070 | +0.072% | $1.4M | $348K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.970 | −0.063% | — | $21K | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NFLX-USDshort | +0.0048% | 1h | 73.973 | −0.059% | $12K | $19K | 10x | |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.950 | −0.091% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.930 | −0.118% | $64K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 74.020 | +0.004% | $152K | $71K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.035 | +0.025% | $227 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0143% | 8h | 74.043 | +0.035% | $84K | $119K | — | as long as short |
| Binance NFLXUSDT | +0.0153% | 8h | 74.061 | +0.059% | $5.4M | $5.7M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.750 | +0.990% | $83K | $121K | 12x | as long as short |
| Phoenix NFLXlong | +0.0238% | 1h | 74.017 | long leg | $12K | $77K | 10x | |
| BloFin NFLX-USDT | +0.0272% | 8h | 74.030 | +0.018% | $47K | $77K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0443% | 8h | 74.060 | +0.058% | $253 | $128K | 10x | as long as short |
Phoenix NFLX
Extended NFLX-USD
Aster NFLXUSDT
Bybit NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp