Funding you earn now, next payment 03:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.141%
Price spread now: Bybit against Injective−5.481%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.371%+$37 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 5.481% cheaper against Injective than usual: you would sell low and buy high (spread −5.481% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$548 on $10k: about 5 months of funding at the current rate (+$4 a day). The two prices were read 58 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 | Injective NFLX/USDC PERP | 77.910 | 0.0220 | pay 0.0028% / 1h | 30m 15s | $87K | $84K | 12x |
| Short | Bybit NFLXUSDT | 73.640 | 0.0347 | get 0.0347% / 8h | 5h 30m | $1.3M | $893K | 50x |
Injective NFLX/USDC PERP
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- $26.67
- Price spread: −5.481% → 0.000%
- −$548.07
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$532.42
- Costs to cover
- 0.110%
- Break-even
- 146.8 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.39 bp | 21.3 bp −$21 | 167.6 bp −$1,676 | doesn't fit | doesn't fit |
Injective: 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 | 73.570 | −5.571% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.660 | −5.455% | $880K | $862K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.540 | −5.609% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.710 | −5.391% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.650 | −5.468% | $4.3M | $543K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.641 | −5.479% | $1K | $4.7M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.674 | −5.437% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.640 | −5.481% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | −5.609% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.517 | −5.638% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
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:NFLX | +0.0050% | 1h | 73.593 | −5.541% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.530 | −5.622% | $65K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.580 | −5.558% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.624 | −5.502% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0185% | 1h | 73.633 | −5.490% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0207% | 8h | 73.635 | −5.487% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0211% | 8h | 73.641 | −5.479% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERPlong | +0.0220% | 1h | 77.910 | long leg | $87K | $84K | 12x | |
| GRVT NFLX_USDT_Perp | +0.0249% | 8h | 73.640 | −5.481% | $658 | $143K | 10x | as long as short |
| Bybit NFLXUSDTshort | +0.0347% | 8h | 73.640 | −5.481% | $1.3M | $893K | 50x | |
| BloFin NFLX-USDT | +0.0350% | 8h | 73.670 | −5.442% | $47K | $81K | 20x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Phoenix NFLX
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT