Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.016%
Price spread now: Phoenix against Variational Omni−0.056%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Phoenix is 0.056% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.6 days of funding at the current rate (+$1 a day). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NFLX | 73.516 | 0.0179 | pay 0.0179% / 8h | 43m 49s | $120K | $106K | — |
| Short | Phoenix NFLX | 73.475 | 0.0207 | get 0.0026% / 1h | 43m 49s | $12K | $77K | 10x |
Variational Omni NFLX
Phoenix NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $5.86
- Price spread: −0.056% → 0.000%
- −$5.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$6.69
- Costs to cover
- 0.070%
- Break-even
- 15.0 days
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; Phoenix: no order-book sample. 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, 35 min ago | 2.89 bp | doesn't fit | 45.7 bp −$457 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | 73.460 | −0.076% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.520 | +0.006% | $873K | $990K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.420 | −0.130% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.570 | +0.074% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.521 | +0.007% | $1K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.479 | −0.050% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.530 | +0.019% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.420 | −0.130% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.427 | −0.121% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.430 | −0.117% | $5.1M | $3.0M | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USD
tradeXYZ xyz:NFLXShow 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 | 73.380 | −0.185% | $68K | $172K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.470 | −0.062% | $152K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.526 | +0.014% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDT | +0.0119% | 8h | 73.520 | +0.006% | $4.2M | $639K | 50x | as long as short |
| Variational Omni NFLXlong | +0.0179% | 8h | 73.516 | long leg | $120K | $106K | — | |
| Binance NFLXUSDT | +0.0183% | 8h | 73.526 | +0.014% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLXshort | +0.0207% | 1h | 73.475 | −0.056% | $12K | $77K | 10x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.170 | +0.890% | $83K | $63K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0299% | 8h | 73.520 | +0.006% | $502 | $156K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0304% | 8h | 73.530 | +0.019% | $46K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0397% | 8h | 73.560 | +0.060% | $1.3M | $1.0M | 50x | as long as short |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Bitget NFLXUSDT
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT