Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Gate−0.136%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2512.506% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.136%, 7d avg −0.044%
=Funding pays, the price is against you. KuCoin is 0.092% cheaper against Gate than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.044%). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NFLX_USDT | 73.560 | 0 | get 0.0000% / 8h | 35m 53s | $1.3M | $1.2M | 25x |
| Short | KuCoin NFLXUSDTM | 73.460 | 0.0100 | get 0.0100% / 8h | 35m 53s | $152K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.136% → −0.044%
- −$9.17
- Slippage, 4 orders
- −$223.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$238.81
- Costs to cover
- 2.506%
- Break-even
- 86.6 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 18 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 Gate live order book, 1 min ago | 7.48 bp | 21.0 bp −$21 | 179.4 bp −$1,794 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 20.40 bp | 84.8 bp −$85 | 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 | 73.460 | −0.136% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.520 | −0.054% | $872K | $988K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.440 | −0.163% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDTlong | 0.0000% | 8h | 73.560 | long leg | $1.3M | $1.2M | 25x | |
| SunX NFLX-USDT | 0.0000% | 8h | 73.521 | −0.053% | $1K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.376 | −0.250% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.520 | −0.054% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.400 | −0.218% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.431 | −0.175% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.435 | −0.170% | $5.1M | $3.0M | 10x | as long as short |
Show 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 | 73.400 | −0.218% | $68K | $172K | 10x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 73.460 | −0.136% | $152K | $37K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.527 | −0.044% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDT | +0.0111% | 8h | 73.510 | −0.068% | $4.2M | $638K | 50x | as long as short |
| Variational Omni NFLX | +0.0186% | 8h | 73.517 | −0.059% | $120K | $106K | — | as long as short |
| Binance NFLXUSDT | +0.0189% | 8h | 73.520 | −0.054% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLX | +0.0207% | 1h | 73.475 | −0.116% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.170 | +0.829% | $83K | $64K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0300% | 8h | 73.520 | −0.054% | $834 | $157K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0312% | 8h | 73.520 | −0.054% | $46K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0398% | 8h | 73.540 | −0.027% | $1.3M | $1.0M | 50x | as long as short |
Gate NFLX_USDT
KuCoin NFLXUSDTM
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Bitget NFLXUSDT
Variational Omni NFLX
Binance NFLXUSDT
Phoenix NFLX
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT