NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.023%

Price spread now: tradeXYZ against QFEX+0.012%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.072%+$7 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.012%, 7d avg +0.091%

Together, before fees+0.039%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.079% cheaper against QFEX than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.091%). If the spread goes back, that is −$8 on $10k: about 5.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NFLX-USD	73.530	0	get 0.0000% / 1h	32m 53s	$1.1M	$1.4M	10x
Short	tradeXYZ xyz:NFLX	73.539	0.0050	get 0.0006% / 1h	32m 53s	$4.9M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.012%Rate

Funding earned: $10.5
Price spread: +0.012% → +0.091%: −$7.92
Slippage, 4 orders: −$17.12
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$42.54
Costs to cover: 0.451%
Break-even: 35.4 days

Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 5 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 QFEX live order book, 4 min ago	1.36 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	1.09 bp	11.3 bp −$11	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	73.550	+0.027%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.640	+0.150%	$880K	$835K	20x	as long as short
QFEX NFLX-USDlong	0.0000%	1h	73.530	long leg	$1.1M	$1.4M	10x
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.109%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.607	+0.105%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.541	+0.015%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.620	+0.122%	$1.4M	$324K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.530	0.000%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0046%	8h	73.650	+0.163%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.530	0.000%	$16K	$29K	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:NFLXshort	+0.0050%	1h	73.539	+0.012%	$4.9M	$2.9M	10x
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.520	−0.014%	$65K	$140K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.550	+0.027%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.605	+0.102%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0200%	8h	73.597	+0.091%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0208%	8h	73.606	+0.103%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.260	+0.993%	$83K	$90K	12x	as long as short
Phoenix NFLX	+0.0239%	1h	73.572	+0.057%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0297%	8h	73.594	+0.087%	$634	$144K	10x	as long as short
BloFin NFLX-USDT	+0.0346%	8h	73.630	+0.136%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0383%	8h	73.630	+0.136%	$1.3M	$876K	50x	as long as short