Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NFLX74.1490.0299pay 0.0299% / 8h6h 14m$76K$122K
ShortKuCoin NFLXUSDTM74.1400.0100get 0.0100% / 8h6h 14m$153K$152K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 37 min ago2.88 bpdoesn't fit37.2 bp −$372doesn't fitdoesn't fit
Sell KuCoin live order book, 27 min ago21.56 bp161.5 bp −$162doesn't fitdoesn't fitdoesn't fit

NFLX on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h74.099−0.068%$12K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.180+0.042%$887K$773K20xas long as short
QFEX NFLX-USD0.0000%1h74.060−0.120%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.150+0.001%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.180+0.042%$4.2M$621K50xas long as short
SunX NFLX-USDT0.0000%8h74.161+0.016%$2K$4.1M10xas long as short
HTX NFLX-USDT0.0000%8h74.099−0.068%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.160+0.015%$1.4M$344K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h74.080−0.093%$21K25xas long as short
Extended NFLX-USD+0.0048%1h74.085−0.087%$12K$19K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h74.085−0.086%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h74.020−0.174%$64K$130K10xas long as short
KuCoin NFLXUSDTMshort+0.0100%8h74.140−0.012%$153K$152K20x
Aevo NFLX-PERP+0.0104%1h74.156+0.009%$22710xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.830+0.918%$83K$130K12xas long as short
Phoenix NFLX+0.0227%1h74.147−0.003%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0280%8h74.220+0.096%$1.3M$808K50xas long as short
Variational Omni NFLXlong+0.0299%8h74.149long leg$76K$122K
Binance NFLXUSDT+0.0303%8h74.180+0.042%$5.4M$5.6M20xas long as short
BloFin NFLX-USDT+0.0453%8h74.150+0.001%$47K$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0606%8h74.165+0.021%$257$117K10xas long as short