Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h +0.061%
Price spread now: OKX against Gate−0.095%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1721.718% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.095%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.104% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NFLX_USDT | 73.870 | 0.0031 | pay 0.0031% / 8h | 57m 57s | $1.4M | $1.2M | 25x |
| Short | OKX NFLX-USDT-SWAP | 73.800 | 0 | get 0.0000% / 8h | 57m 57s | $876K | $829K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.51
- Price spread: −0.095% → +0.009%
- −$10.38
- Slippage, 4 orders
- −$146.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$188.71
- Costs to cover
- 1.718%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 43 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, 4 min ago | 6.77 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 43 min ago | 2.03 bp | 22.9 bp −$23 | 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 | 73.946 | +0.103% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAPshort | 0.0000% | 8h | 73.800 | −0.095% | $876K | $829K | 20x | |
| QFEX NFLX-USD | 0.0000% | 1h | 73.760 | −0.149% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.900 | +0.041% | $4.2M | $594K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.816 | −0.073% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.828 | −0.057% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.840 | −0.041% | $1.4M | $347K | 10x | as long as short |
| Gate NFLX_USDTlong | +0.0031% | 8h | 73.870 | long leg | $1.4M | $1.2M | 25x | |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.770 | −0.135% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.758 | −0.152% | $12K | $19K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.766 | −0.141% | $5.0M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.780 | −0.122% | $66K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.790 | −0.108% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.815 | −0.075% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0126% | 8h | 73.857 | −0.017% | $83K | $140K | — | as long as short |
| Binance NFLXUSDT | +0.0133% | 8h | 73.830 | −0.054% | $5.4M | $5.7M | 20x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.811 | −0.080% | $12K | $76K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0209% | 8h | 73.864 | −0.008% | $397 | $138K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.210 | +5.875% | $87K | $113K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0254% | 8h | 73.890 | +0.027% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0278% | 8h | 73.850 | −0.027% | $1.3M | $890K | 50x | as long as short |
Gate NFLX_USDT
OKX NFLX-USDT-SWAP
Aster NFLXUSDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
Binance NFLXUSDT
Phoenix NFLX
GRVT NFLX_USDT_Perp
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Bybit NFLXUSDT