NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.019%

Price spread now: Bitget against Phemex−0.027%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1311.311% of the position

Long on Phemex Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.048%−$5 · spread now −0.027%, 7d avg +0.033%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.060% cheaper against Phemex than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.033%). If the spread goes back, that is −$6 on $10k: about 2.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.019% in total) that is about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NFLXUSDT	73.520	0	get 0.0000% / 8h	7h 49m	$1.4M	$331K	10x
Short	Bitget NFLXUSDT	73.500	0.0073	get 0.0073% / 8h	7h 49m	$4.3M	$580K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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 PhemexbpFee BitgetbpOrdersPrice spread, now −0.027%Rate

Funding earned: $15.33
Price spread: −0.027% → +0.033%: −$6.03
Slippage, 4 orders: −$107.07
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$121.77
Costs to cover: 1.311%
Break-even: 62.6 days

Slippage from Phemex: live order book, 4 min ago; Bitget: live order book, 4 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 Phemex live order book, 4 min ago	2.04 bp	54.6 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	8.84 bp	17.2 bp −$17	27.8 bp −$278	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	73.475	−0.062%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.550	+0.041%	$885K	$964K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.470	−0.068%	$1.1M	$1.5M	10x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.523	+0.004%	$2K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.568	+0.065%	$10K	$52K	20x	as long as short
Phemex NFLXUSDTlong	0.0000%	8h	73.520	long leg	$1.4M	$331K	10x
Vest NFLX-USD-PERP	+0.0046%	1h	73.470	−0.068%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.447	−0.099%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.453	−0.091%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.430	−0.122%	$64K	$178K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NFLX_USDT	+0.0060%	8h	73.560	+0.054%	$1.3M	$1.2M	25x	as long as short
Bitget NFLXUSDTshort	+0.0073%	8h	73.500	−0.027%	$4.3M	$580K	50x
KuCoin NFLXUSDTM	+0.0100%	8h	73.480	−0.054%	$152K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.515	−0.006%	$225	—	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.880	+5.930%	$87K	$70K	12x	as long as short
Variational Omni NFLX	+0.0225%	8h	73.504	−0.022%	$94K	$139K	—	as long as short
Phoenix NFLX	+0.0229%	1h	73.484	−0.049%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0230%	8h	73.519	−0.001%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0286%	8h	73.518	−0.002%	$603	$155K	10x	as long as short
BloFin NFLX-USDT	+0.0382%	8h	73.530	+0.014%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0543%	8h	73.560	+0.054%	$1.3M	$920K	50x	as long as short