Funding you earn now, next payment 06:00 UTC−0.0236%/8h= −25.9% APRpaid last 24h −0.109%
Price spread now: tradeXYZ against Bybit−0.173%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now −0.173%, 7d avg −0.124%
=Together, before fees+0.033%+ Points / potential airdroptradeXYZ: Active · farm board+$3 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 tradeXYZ is 0.049% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NFLXUSDT | 73.970 | 0.0286 | pay 0.0286% / 8h | 2h 07m | $1.3M | $903K | 50x |
| Short | tradeXYZ xyz:NFLX | 73.842 | 0.0050 | get 0.0006% / 1h | 7m 19s | $5.0M | $2.9M | 10x |
Bybit NFLXUSDT
tradeXYZ xyz:NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$49.59
- Price spread: −0.173% → −0.124%
- −$4.93
- Slippage, 4 orders
- −$39.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$123.46
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; tradeXYZ: live order book, 11 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, 4 min ago | 6.08 bp | 23.7 bp −$24 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 1.01 bp | 11.0 bp −$11 | 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 | 73.900 | −0.095% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.920 | −0.068% | $878K | $836K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.850 | −0.162% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.920 | −0.068% | $4.3M | $592K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.974 | +0.005% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.783 | −0.253% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.970 | 0.000% | $1.4M | $339K | 10x | as long as short |
| Gate NFLX_USDT | +0.0038% | 8h | 73.990 | +0.027% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.870 | −0.135% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.833 | −0.185% | $12K | $19K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLXshort | +0.0050% | 1h | 73.842 | −0.173% | $5.0M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.920 | −0.068% | $66K | $142K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.880 | −0.122% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.965 | −0.006% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0110% | 8h | 74.032 | +0.084% | $95K | $126K | — | as long as short |
| Binance NFLXUSDT | +0.0119% | 8h | 73.980 | +0.014% | $5.4M | $5.6M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0152% | 8h | 74.020 | +0.068% | $642 | $141K | 10x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.965 | −0.007% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.310 | +5.867% | $87K | $106K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0239% | 8h | 74.000 | +0.041% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0286% | 8h | 73.970 | long leg | $1.3M | $903K | 50x |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Phoenix NFLX
Injective NFLX/USDC PERP
BloFin NFLX-USDT