Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.031%
Price spread now: KuCoin against OKX−0.081%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2142.136% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.081%, 7d avg −0.053%
=Funding pays, the price is against you. KuCoin is 0.028% cheaper against OKX than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.053%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.089% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NFLX-USDT-SWAP | 73.990 | 0 | get 0.0000% / 8h | 2h 09m | $879K | $836K | 20x |
| Short | KuCoin NFLXUSDTM | 73.930 | 0.0100 | get 0.0100% / 8h | 2h 09m | $152K | $38K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −0.081% → −0.053%
- −$2.78
- Slippage, 4 orders
- −$191.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$195.37
- Costs to cover
- 2.136%
- Break-even
- 72.1 days
Slippage from OKX: live order book, 36 min ago; KuCoin: live order book, 45 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 OKX live order book, 36 min ago | 3.39 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 26.45 bp | 72.1 bp −$72 | 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 | 73.933 | −0.077% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAPlong | 0.0000% | 8h | 73.990 | long leg | $879K | $836K | 20x | |
| QFEX NFLX-USD | 0.0000% | 1h | 73.920 | −0.095% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.920 | −0.095% | $4.3M | $592K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.023 | +0.045% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.969 | −0.028% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 74.010 | +0.027% | $1.4M | $339K | 10x | as long as short |
| Gate NFLX_USDT | +0.0036% | 8h | 74.040 | +0.068% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.930 | −0.081% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.914 | −0.102% | $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 | 73.922 | −0.092% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.940 | −0.068% | $66K | $142K | 10x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 73.930 | −0.081% | $152K | $38K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.994 | +0.006% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0110% | 8h | 74.032 | +0.057% | $95K | $126K | — | as long as short |
| Binance NFLXUSDT | +0.0116% | 8h | 74.027 | +0.051% | $5.4M | $5.6M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0151% | 8h | 73.980 | −0.014% | $641 | $141K | 10x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.949 | −0.055% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.680 | +0.933% | $83K | $105K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0235% | 8h | 74.040 | +0.068% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0287% | 8h | 74.000 | +0.014% | $1.3M | $903K | 50x | as long as short |
OKX NFLX-USDT-SWAP
KuCoin NFLXUSDTM
Aster NFLXUSDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Phoenix NFLX
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Bybit NFLXUSDT