Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h −0.062%
Price spread now: Injective against Phoenix+5.960%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−0.599%−$60 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 $0 a day on $10k at the current rate, and Injective is 5.960% dearer against Phoenix than usual: you sell high and buy low: +$596 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 −0.599%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NFLX | 73.811 | 0.0206 | pay 0.0026% / 1h | 57m 51s | $12K | $76K | 10x |
| Short | Injective NFLX/USDC PERP | 78.210 | 0.0220 | get 0.0028% / 1h | 57m 51s | $87K | $113K | 12x |
Phoenix NFLX
Injective NFLX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $2.99
- Price spread: +5.960% → 0.000%
- $595.98
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $591.95
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; Injective: live order book, 46 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 Injective live order book, 46 min ago | 43.52 bp | doesn't fit | 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 | 73.951 | +0.190% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.800 | −0.015% | $876K | $829K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.760 | −0.069% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.900 | +0.121% | $4.2M | $594K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.816 | +0.007% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.828 | +0.023% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.840 | +0.039% | $1.4M | $347K | 10x | as long as short |
| Gate NFLX_USDT | +0.0031% | 8h | 73.870 | +0.080% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.770 | −0.056% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.758 | −0.072% | $12K | $19K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.760 | −0.069% | $5.0M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.780 | −0.042% | $66K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.790 | −0.028% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.815 | +0.005% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0126% | 8h | 73.857 | +0.062% | $83K | $140K | — | as long as short |
| Binance NFLXUSDT | +0.0133% | 8h | 73.827 | +0.022% | $5.4M | $5.7M | 20x | as long as short |
| Phoenix NFLXlong | +0.0206% | 1h | 73.811 | long leg | $12K | $76K | 10x | |
| GRVT NFLX_USDT_Perp | +0.0209% | 8h | 73.864 | +0.072% | $397 | $138K | 10x | as long as short |
| Injective NFLX/USDC PERPshort | +0.0220% | 1h | 78.210 | +5.960% | $87K | $113K | 12x | |
| BloFin NFLX-USDT | +0.0254% | 8h | 73.890 | +0.107% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0278% | 8h | 73.850 | +0.053% | $1.3M | $890K | 50x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT