NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Phemex against KuCoin+0.108%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$359as in the Funding arb table

Net, price: spread back to 7d avg − costs−$334as in the Price arb table

costs, in and out, $10k−$3383.378% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.108%, 7d avg +0.066%

Together, before fees−0.179%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.042% dearer against KuCoin than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.066%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NFLXUSDTM	73.840	0.0100	pay 0.0100% / 8h	32m 16s	$151K	$38K	20x
Short	Phemex NFLXUSDT	73.920	0	get 0.0000% / 8h	32m 16s	$1.4M	$345K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee PhemexbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$21
Price spread: +0.108% → +0.066%: $4.2
Slippage, 4 orders: −$313.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$354.57
Costs to cover: 3.378%
Break-even: never at this rate

Slippage from KuCoin: live order book, 68 min ago; Phemex: live order book, 1 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 KuCoin live order book, 68 min ago	25.03 bp	101.3 bp −$101	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	1.35 bp	58.1 bp −$58	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	73.972	+0.178%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.930	+0.122%	$877K	$831K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.820	−0.027%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.900	+0.081%	$4.2M	$596K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.920	+0.108%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.943	+0.139%	$10K	$52K	20x	as long as short
Phemex NFLXUSDTshort	0.0000%	8h	73.920	+0.108%	$1.4M	$345K	10x
Gate NFLX_USDT	+0.0027%	8h	73.930	+0.122%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.830	−0.014%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.842	+0.003%	$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	73.853	+0.018%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.840	0.000%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTMlong	+0.0100%	8h	73.840	long leg	$151K	$38K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.912	+0.098%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0119%	8h	73.911	+0.096%	$83K	$120K	—	as long as short
Binance NFLXUSDT	+0.0129%	8h	73.923	+0.112%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0213%	8h	73.910	+0.095%	$336	$136K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.570	+0.989%	$83K	$116K	12x	as long as short
BloFin NFLX-USDT	+0.0247%	8h	73.940	+0.135%	$47K	$77K	20x	as long as short
Phoenix NFLX	+0.0249%	1h	73.837	−0.004%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0252%	8h	73.900	+0.081%	$1.3M	$889K	50x	as long as short