Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.041%54s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$440as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4614.613% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.041%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.027% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.068%. The two prices were read 54 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 | SunX NFLX-USDT | 73.560 | 0 | get 0.0000% / 8h | 3h 41m | $1K | $4.6M | 10x |
| Short | KuCoin NFLXUSDTM | 73.530 | 0.0100 | get 0.0100% / 8h | 3h 41m | $151K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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: −0.041% → −0.068%
- $2.7
- Slippage, 4 orders
- −$441.27
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$437.56
- Costs to cover
- 4.613%
- Break-even
- 152.9 days
Slippage from SunX: live order book, 7 min ago; KuCoin: live order book, 23 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 SunX live order book, 7 min ago | 45.26 bp | 123.6 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 19.72 bp | 81.8 bp −$82 | 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 | 73.532 | −0.038% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.580 | +0.027% | $879K | $816K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.500 | −0.082% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.610 | +0.068% | $4.3M | $560K | 50x | as long as short |
| SunX NFLX-USDTlong | 0.0000% | 8h | 73.560 | long leg | $1K | $4.6M | 10x | |
| HTX NFLX-USDT | 0.0000% | 8h | 73.598 | +0.052% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.560 | 0.000% | $1.4M | $324K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.500 | −0.082% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.495 | −0.088% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.504 | −0.076% | $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 | 73.490 | −0.095% | $65K | $139K | 10x | as long as short |
| Gate NFLX_USDT | +0.0057% | 8h | 73.620 | +0.082% | $1.4M | $1.2M | 25x | as long as short |
| KuCoin NFLXUSDTMshort | +0.0100% | 8h | 73.530 | −0.041% | $151K | $37K | 20x | |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.558 | −0.003% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0175% | 8h | 73.552 | −0.011% | $94K | $129K | — | as long as short |
| Binance NFLXUSDT | +0.0177% | 8h | 73.560 | 0.000% | $5.4M | $5.4M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0216% | 8h | 73.572 | +0.016% | $529 | $143K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.910 | +5.914% | $87K | $95K | 12x | as long as short |
| Phoenix NFLX | +0.0250% | 1h | 73.537 | −0.031% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0299% | 8h | 73.580 | +0.027% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0368% | 8h | 73.570 | +0.014% | $1.3M | $875K | 50x | as long as short |
SunX NFLX-USDT
KuCoin NFLXUSDTM
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
Gate NFLX_USDT
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT
Bybit NFLXUSDT