NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0180%/8h= −19.7% APRnext payment −$1.80 per $10,000 · paid last 24h −0.032%

Price spread now: KuCoin against Binance−0.036%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$324as in the Funding arb table

Net, price: spread back to 7d avg − costs−$317as in the Price arb table

costs, in and out, $10k−$3213.207% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.036%, 7d avg −0.071%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.035% dearer against Binance than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.071%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.034% in total) that is about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NFLXUSDT	73.937	0.0280	pay 0.0280% / 8h	5h 44m	$5.4M	$5.6M	20x
Short	KuCoin NFLXUSDTM	73.910	0.0100	get 0.0100% / 8h	5h 44m	$151K	$184K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$37.72
Price spread: −0.036% → −0.071%: $3.49
Slippage, 4 orders: −$298.73
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$354.97
Costs to cover: 3.207%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 57 min ago.

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 Binance live order book, 1 min ago	1.35 bp	11.0 bp −$11	26.7 bp −$267	117.9 bp −$11.8K	doesn't fit
Sell KuCoin live order book, 57 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	73.874	−0.084%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.900	−0.049%	$883K	$771K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.810	−0.171%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.940	+0.005%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	−0.022%	$4.2M	$625K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.938	+0.002%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.913	−0.032%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.018%	$1.4M	$346K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.810	−0.171%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.198%	$64K	$127K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USD	+0.0096%	1h	73.849	−0.119%	$12K	$19K	10x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.910	−0.036%	$151K	$184K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.884	−0.071%	$226	—	10x	as long as short
tradeXYZ xyz:NFLX	+0.0118%	1h	73.856	−0.109%	$5.0M	$2.9M	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.530	+0.803%	$83K	$133K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.873	−0.086%	$12K	$77K	10x	as long as short
Binance NFLXUSDTlong	+0.0280%	8h	73.937	long leg	$5.4M	$5.6M	20x
Variational Omni NFLX	+0.0282%	8h	73.906	−0.041%	$76K	$121K	—	as long as short
Bybit NFLXUSDT	+0.0289%	8h	73.950	+0.018%	$1.3M	$753K	50x	as long as short
GRVT NFLX_USDT_Perp	+0.0400%	8h	73.880	−0.076%	$256	$114K	10x	as long as short
BloFin NFLX-USDT	+0.0424%	8h	73.890	−0.063%	$48K	$82K	20x	as long as short