Funding you earn now, next payment 16:00 UTC−0.0199%/8h= −21.8% APRnext payment −$1.99 per $10,000 · paid last 24h −0.032%
Price spread now: KuCoin against Variational Omni−0.012%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.012%, 7d avg −0.054%
=Together, before fees−0.080%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.041% dearer against Variational Omni than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.054%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 4 days (−0.023% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.023% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.99 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NFLX | 74.149 | 0.0299 | pay 0.0299% / 8h | 6h 14m | $76K | $122K | — |
| Short | KuCoin NFLXUSDTM | 74.140 | 0.0100 | get 0.0100% / 8h | 6h 14m | $153K | $152K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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
- −$41.82
- Price spread: −0.012% → −0.054%
- $4.14
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.68
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; KuCoin: live order book, 27 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 Variational Omni RFQ quote, 37 min ago | 2.88 bp | doesn't fit | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 21.56 bp | 161.5 bp −$162 | doesn't fit | doesn't fit | doesn't fit |
NFLX on 21 exchanges
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 | 74.099 | −0.068% | $12K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.180 | +0.042% | $887K | $773K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 74.060 | −0.120% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.150 | +0.001% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.180 | +0.042% | $4.2M | $621K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.161 | +0.016% | $2K | $4.1M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.099 | −0.068% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 74.160 | +0.015% | $1.4M | $344K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 74.080 | −0.093% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 74.085 | −0.087% | $12K | $19K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 74.085 | −0.086% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 74.020 | −0.174% | $64K | $130K | 10x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 74.140 | −0.012% | $153K | $152K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.156 | +0.009% | $227 | — | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.830 | +0.918% | $83K | $130K | 12x | as long as short |
| Phoenix NFLX | +0.0227% | 1h | 74.147 | −0.003% | $12K | $77K | 10x | as long as short |
| Bybit NFLXUSDT | +0.0280% | 8h | 74.220 | +0.096% | $1.3M | $808K | 50x | as long as short |
| Variational Omni NFLXlong | +0.0299% | 8h | 74.149 | long leg | $76K | $122K | — | |
| Binance NFLXUSDT | +0.0303% | 8h | 74.180 | +0.042% | $5.4M | $5.6M | 20x | as long as short |
| BloFin NFLX-USDT | +0.0453% | 8h | 74.150 | +0.001% | $47K | $82K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0606% | 8h | 74.165 | +0.021% | $257 | $117K | 10x | as long as short |
Variational Omni NFLX
KuCoin NFLXUSDTM
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Injective NFLX/USDC PERP
Phoenix NFLX
Bybit NFLXUSDT
Binance NFLXUSDT
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp