NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.052%

Price spread now: tradeXYZ against Phoenix−0.043%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.315%−$31 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.043% cheaper against Phoenix than usual: you would sell low and buy high (−$4 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	73.572	0.0239	pay 0.0030% / 1h	33m 20s	$12K	$77K	10x
Short	tradeXYZ xyz:NFLX	73.540	0.0050	get 0.0006% / 1h	33m 20s	$4.9M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee tradeXYZbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$39.76
Price spread: −0.043% → 0.000%: −$4.35
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$69.11
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; tradeXYZ: live order book, 5 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 tradeXYZ live order book, 5 min ago	1.09 bp	11.3 bp −$11	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	73.550	−0.030%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.640	+0.092%	$880K	$835K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.530	−0.057%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.052%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.607	+0.048%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.541	−0.042%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.620	+0.065%	$1.4M	$324K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.530	−0.057%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0046%	8h	73.650	+0.106%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.534	−0.052%	$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:NFLXshort	+0.0050%	1h	73.540	−0.043%	$4.9M	$2.9M	10x
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.520	−0.071%	$65K	$140K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.550	−0.030%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.605	+0.045%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0200%	8h	73.597	+0.034%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0208%	8h	73.610	+0.052%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.930	+5.923%	$87K	$90K	12x	as long as short
Phoenix NFLXlong	+0.0239%	1h	73.572	long leg	$12K	$77K	10x
GRVT NFLX_USDT_Perp	+0.0297%	8h	73.594	+0.030%	$634	$144K	10x	as long as short
BloFin NFLX-USDT	+0.0347%	8h	73.580	+0.011%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0383%	8h	73.630	+0.079%	$1.3M	$876K	50x	as long as short