Funding you earn now, next payment 23:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.021%
Price spread now: Phoenix against Bybit−0.065%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Phoenix is 0.065% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.274%, so the current rate has only just turned against you. The two prices were read 65 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 | Bybit NFLXUSDT | 73.540 | 0.0392 | pay 0.0392% / 8h | 40m 15s | $1.3M | $1.0M | 50x |
| Short | Phoenix NFLX | 73.492 | 0.0207 | get 0.0026% / 1h | 40m 15s | $12K | $77K | 10x |
Bybit NFLXUSDT
Phoenix NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bybit. 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
- −$38.88
- Price spread: −0.065% → 0.000%
- −$6.53
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$63.41
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 6.12 bp | 17.8 bp −$18 | 108.3 bp −$1,083 | 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 | 73.447 | −0.127% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.530 | −0.014% | $873K | $991K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.440 | −0.136% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.560 | +0.027% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.531 | −0.012% | $2K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.567 | +0.037% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.520 | −0.027% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.430 | −0.150% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.432 | −0.147% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.436 | −0.141% | $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 | 73.420 | −0.163% | $68K | $172K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.450 | −0.122% | $152K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.522 | −0.024% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDT | +0.0115% | 8h | 73.520 | −0.027% | $4.2M | $637K | 50x | as long as short |
| Variational Omni NFLX | +0.0180% | 8h | 73.526 | −0.019% | $120K | $106K | — | as long as short |
| Binance NFLXUSDT | +0.0185% | 8h | 73.520 | −0.027% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLXshort | +0.0207% | 1h | 73.492 | −0.065% | $12K | $77K | 10x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.830 | +5.834% | $87K | $64K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0299% | 8h | 73.520 | −0.027% | $834 | $157K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0306% | 8h | 73.530 | −0.014% | $46K | $82K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0392% | 8h | 73.540 | long leg | $1.3M | $1.0M | 50x |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Bitget NFLXUSDT
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT