NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.047%

Price spread now: Binance against Bybit+0.031%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$630.626% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 2 days (all we have)−0.061%−$6 · spread now +0.031%, 7d avg −0.013%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NFLXUSDT	73.670	0.0223	pay 0.0223% / 8h	6h 18m	$1.3M	$896K	50x
Short	Binance NFLXUSDT	73.693	0.0216	get 0.0216% / 8h	6h 18m	$5.5M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.031%Rate

Funding earned: −$1.58
Price spread: +0.031% → −0.013%: $4.47
Slippage, 4 orders: −$41.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$59.66
Costs to cover: 0.626%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 5 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 Bybit live order book, 2 min ago	6.11 bp	16.1 bp −$16	103.5 bp −$1,035	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.36 bp	11.7 bp −$12	29.8 bp −$298	167.8 bp −$16.8K	doesn't fit

NFLX on 20 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
QFEX NFLX-USD	0.0000%	1h	73.580	−0.122%	$1.1M	$1.4M	10x	as long as short
Aster NFLXUSDT	0.0000%	8h	73.597	−0.098%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.680	+0.014%	$881K	$868K	20x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.720	+0.068%	$1.4M	$1.2M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.600	−0.095%	$4.3M	$544K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.684	+0.019%	$1K	$4.7M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.689	+0.026%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.680	+0.014%	$1.4M	$323K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.570	−0.136%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.578	−0.124%	$16K	$29K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.635	−0.048%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.570	−0.136%	$64K	$142K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.600	−0.095%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.666	−0.005%	$225	—	10x	as long as short
Phoenix NFLX	+0.0174%	1h	73.604	−0.090%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0177%	8h	73.641	−0.039%	$661	$146K	10x	as long as short
Variational Omni NFLX	+0.0206%	8h	73.696	+0.036%	$94K	$130K	—	as long as short
Binance NFLXUSDTshort	+0.0216%	8h	73.693	+0.031%	$5.5M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	74.310	+0.869%	$83K	$79K	12x	as long as short
Bybit NFLXUSDTlong	+0.0223%	8h	73.670	long leg	$1.3M	$896K	50x