NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0206%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.073%

Price spread now: Phoenix against QFEX+0.104%52s7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.104% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	QFEX NFLX-USD	73.860	0	get 0.0000% / 1h	41m 55s	$1.1M	$1.4M	10x
Short	Phoenix NFLX	73.937	0.0206	get 0.0026% / 1h	41m 55s	$12K	$77K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against QFEX. 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 QFEXbpFee PhoenixbpOrdersPrice spread, now +0.104%Rate

Funding earned: $43.21
Price spread: +0.104% → 0.000%: $10.43
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $36.64
Costs to cover: 0.170%
Break-even: 1.1 days

Slippage unknown: QFEX: live order book, 5 min ago; Phoenix: no order-book sample. 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 QFEX live order book, 5 min ago	1.35 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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	73.894	+0.046%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.890	+0.041%	$878K	$837K	20x	as long as short
QFEX NFLX-USDlong	0.0000%	1h	73.860	long leg	$1.1M	$1.4M	10x
Bitget NFLXUSDT	0.0000%	8h	73.950	+0.122%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.965	+0.142%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.805	−0.074%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.960	+0.135%	$1.4M	$343K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.870	+0.014%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0047%	8h	74.000	+0.190%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.874	+0.019%	$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	73.879	+0.026%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.850	−0.014%	$66K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.890	+0.041%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.953	+0.126%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0116%	8h	73.942	+0.111%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0121%	8h	73.960	+0.135%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0179%	8h	73.950	+0.123%	$527	$140K	10x	as long as short
Phoenix NFLXshort	+0.0206%	1h	73.937	+0.104%	$12K	$77K	10x
Injective NFLX/USDC PERP	+0.0220%	1h	74.600	+1.002%	$83K	$108K	12x	as long as short
BloFin NFLX-USDT	+0.0241%	8h	73.980	+0.162%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0275%	8h	73.900	+0.054%	$1.3M	$872K	50x	as long as short