Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: tradeXYZ against SunX−0.121%52s7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as 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−$3533.525% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.121%, 7d avg −0.153%
=Together, before fees+0.106%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.032% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.153%. 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 | SunX NFLX-USDT | 73.483 | 0 | get 0.0000% / 8h | 6h 59m | $1K | $4.9M | 10x |
| Short | tradeXYZ xyz:NFLX | 73.394 | 0.0050 | get 0.0006% / 1h | 59m 28s | $5.0M | $2.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.121% → −0.153%
- $3.23
- Slippage, 4 orders
- −$326.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$338.8
- Costs to cover
- 3.525%
- Break-even
- 232.9 days
Slippage from SunX: live order book, 9 min ago; tradeXYZ: live order book, 9 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, 9 min ago | 49.25 bp | 160.9 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.95 bp | 10.2 bp −$10 | 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 | 73.445 | −0.051% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.480 | −0.004% | $883K | $883K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.420 | −0.086% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.500 | +0.023% | $1.4M | $1.2M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.490 | +0.010% | $4.3M | $547K | 50x | as long as short |
| SunX NFLX-USDTlong | 0.0000% | 8h | 73.483 | long leg | $1K | $4.9M | 10x | |
| HTX NFLX-USDT | 0.0000% | 8h | 73.495 | +0.016% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.480 | −0.004% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.410 | −0.099% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.383 | −0.136% | $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 | 73.394 | −0.121% | $5.0M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.430 | −0.072% | $64K | $151K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.440 | −0.059% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.480 | −0.005% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0220% | 8h | 73.478 | −0.007% | $94K | $139K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.120 | +0.867% | $82K | $74K | 12x | as long as short |
| Binance NFLXUSDT | +0.0226% | 8h | 73.480 | −0.004% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLX | +0.0229% | 1h | 73.433 | −0.068% | $12K | $76K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0266% | 8h | 73.500 | +0.023% | $550 | $150K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0375% | 8h | 73.500 | +0.023% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0413% | 8h | 73.470 | −0.018% | $1.3M | $903K | 50x | as long as short |
SunX NFLX-USDT
tradeXYZ xyz:NFLX
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
Bitget NFLXUSDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
KuCoin NFLXUSDTM
Variational Omni NFLX
Injective NFLX/USDC PERP
Binance NFLXUSDT
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT