Funding you earn now, next payment 00:00 UTC−0.0229%/8h= −25.0% APRpaid last 24h −0.081%
Price spread now: Gate against Phoenix+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.455%−$46 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.105% dearer against Phoenix than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NFLX | 73.433 | 0.0229 | pay 0.0029% / 1h | 1m 13s | $12K | $77K | 10x |
| Short | Gate NFLX_USDT | 73.510 | 0 | get 0.0000% / 8h | 7h 01m | $1.4M | $1.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$48.02
- Price spread: +0.105% → 0.000%
- $10.49
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$59.54
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Gate: 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 Gate live order book, 1 min ago | 5.44 bp | 56.0 bp −$56 | doesn't fit | 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 | 73.423 | −0.014% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.450 | +0.023% | $883K | $947K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.400 | −0.045% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDTshort | 0.0000% | 8h | 73.510 | +0.105% | $1.4M | $1.2M | 25x | |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.490 | +0.078% | $4.3M | $569K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.488 | +0.075% | $1K | $4.9M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.495 | +0.084% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.490 | +0.078% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.400 | −0.045% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.386 | −0.064% | $16K | $29K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.393 | −0.054% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.400 | −0.045% | $64K | $151K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.430 | −0.004% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.484 | +0.069% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0220% | 8h | 73.478 | +0.061% | $94K | $139K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.120 | +0.936% | $82K | $74K | 12x | as long as short |
| Binance NFLXUSDT | +0.0225% | 8h | 73.480 | +0.064% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLXlong | +0.0229% | 1h | 73.433 | long leg | $12K | $77K | 10x | |
| GRVT NFLX_USDT_Perp | +0.0243% | 8h | 73.488 | +0.075% | $550 | $150K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0375% | 8h | 73.500 | +0.091% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0438% | 8h | 73.470 | +0.050% | $1.3M | $903K | 50x | as long as short |
Phoenix NFLX
Gate NFLX_USDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
Injective NFLX/USDC PERP
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT