NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.085%

Price spread now: Variational Omni against Phemex+0.050%7-day average −0.015% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.120%+$12 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.050%, 7d avg −0.015%

Together, before fees−0.028%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.065% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NFLXUSDT	73.740	0	get 0.0000% / 8h	2h 47m	$1.4M	$329K	10x
Short	Variational Omni NFLX	73.777	0.0120	get 0.0120% / 8h	2h 47m	$97K	$131K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.050%Rate

Funding earned: $25.25
Price spread: +0.050% → −0.015%: $6.52
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $19.77
Costs to cover: 0.120%
Break-even: 1.5 days

Slippage unknown: Phemex: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 Phemex live order book, 1 min ago	0.68 bp	44.7 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.89 bp	doesn't fit	37.4 bp −$374	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	73.714	−0.035%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.820	+0.108%	$881K	$821K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.700	−0.054%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.790	+0.068%	$4.3M	$574K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.773	+0.045%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.759	+0.026%	$10K	$52K	20x	as long as short
Phemex NFLXUSDTlong	0.0000%	8h	73.740	long leg	$1.4M	$329K	10x
Vest NFLX-USD-PERP	+0.0046%	1h	73.710	−0.041%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.682	−0.079%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.690	−0.068%	$4.9M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.690	−0.068%	$66K	$141K	10x	as long as short
Gate NFLX_USDT	+0.0060%	8h	73.820	+0.108%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.720	−0.027%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.768	+0.038%	$226	—	10x	as long as short
Variational Omni NFLXshort	+0.0120%	8h	73.777	+0.050%	$97K	$131K	—
Binance NFLXUSDT	+0.0126%	8h	73.770	+0.041%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0148%	8h	73.791	+0.069%	$974	$142K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.706	−0.046%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.410	+0.909%	$83K	$101K	12x	as long as short
BloFin NFLX-USDT	+0.0246%	8h	73.760	+0.027%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0341%	8h	73.790	+0.068%	$1.3M	$885K	50x	as long as short