Funding you earn now, next payment 16:00 UTC−0.0249%/8h= −27.3% APRnext payment −$2.49 per $10,000 · paid last 24h −0.062%
Price spread now: Phemex against Variational Omni−0.029%7-day average +0.014% · 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)−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.416%+$42 · spread now −0.029%, 7d avg +0.014%
=Together, before fees+0.283%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Phemex is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NFLX | 74.131 | 0.0249 | pay 0.0249% / 8h | 6h 57m | $76K | $124K | — |
| Short | Phemex NFLXUSDT | 74.110 | 0 | get 0.0000% / 8h | 6h 57m | $1.4M | $344K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$52.39
- Price spread: −0.029% → +0.014%
- −$4.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$68.66
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Phemex: live order book, just now. 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, 36 min ago | 2.88 bp | doesn't fit | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Phemex live order book, just now | 3.37 bp | 45.0 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
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 | 74.246 | +0.154% | $12K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.110 | −0.029% | $887K | $789K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 74.030 | −0.137% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.130 | −0.002% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.110 | −0.029% | $4.2M | $624K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.102 | −0.040% | $1K | $4.2M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.036 | −0.129% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDTshort | 0.0000% | 8h | 74.110 | −0.029% | $1.4M | $344K | 10x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 74.030 | −0.137% | — | $21K | 25x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 74.018 | −0.153% | $5.0M | $2.9M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 74.020 | −0.150% | $64K | $138K | 10x | as long as short |
| Extended NFLX-USD | +0.0096% | 1h | 74.023 | −0.146% | $12K | $19K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 74.100 | −0.042% | $152K | $106K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.106 | −0.033% | $227 | — | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.430 | +5.799% | $87K | $126K | 12x | as long as short |
| Phoenix NFLX | +0.0238% | 1h | 74.052 | −0.107% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLXlong | +0.0249% | 8h | 74.131 | long leg | $76K | $124K | — | |
| Binance NFLXUSDT | +0.0256% | 8h | 74.112 | −0.026% | $5.4M | $5.6M | 20x | as long as short |
| Bybit NFLXUSDT | +0.0340% | 8h | 74.110 | −0.029% | $1.3M | $832K | 50x | as long as short |
| BloFin NFLX-USDT | +0.0381% | 8h | 74.120 | −0.015% | $47K | $82K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0787% | 8h | 74.130 | −0.001% | $254 | $123K | 10x | as long as short |
Variational Omni NFLX
Phemex NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
tradeXYZ xyz:NFLX
Extended NFLX-USD
KuCoin NFLXUSDTM
Injective NFLX/USDC PERP
Phoenix NFLX
Binance NFLXUSDT
Bybit NFLXUSDT
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp