Funding you earn now, next payment 03:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.106%
Price spread now: Bybit against tradeXYZ+0.095%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.095%, 7d avg +0.122%
=Together, before fees+0.031%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.026% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.095% now, against its 7-day average of +0.122%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.080% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NFLX | 73.540 | 0.0050 | pay 0.0006% / 1h | 25m 32s | $4.9M | $2.9M | 10x |
| Short | Bybit NFLXUSDT | 73.610 | 0.0364 | get 0.0364% / 8h | 5h 25m | $1.3M | $888K | 50x |
tradeXYZ xyz:NFLX
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- $65.9
- Price spread: +0.095% → +0.122%
- −$2.63
- Slippage, 4 orders
- −$29.95
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $4.31
- Costs to cover
- 0.590%
- Break-even
- 6.5 days
Slippage from tradeXYZ: live order book, 2 min ago; Bybit: live order book, just now.
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 tradeXYZ live order book, 2 min ago | 1.29 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 4.75 bp | 18.4 bp −$18 | 170.6 bp −$1,706 | 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 | 73.581 | +0.055% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.630 | +0.122% | $880K | $860K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.540 | 0.000% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.700 | +0.218% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.650 | +0.150% | $4.3M | $543K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.606 | +0.090% | $1K | $4.7M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.627 | +0.118% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.620 | +0.109% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | 0.000% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.534 | −0.008% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLXlong | +0.0050% | 1h | 73.540 | long leg | $4.9M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.530 | −0.014% | $65K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.560 | +0.027% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.603 | +0.085% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0185% | 1h | 73.583 | +0.058% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0206% | 8h | 73.595 | +0.075% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0210% | 8h | 73.610 | +0.095% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.910 | +5.942% | $87K | $85K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0260% | 8h | 73.623 | +0.112% | $657 | $143K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0352% | 8h | 73.620 | +0.109% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDTshort | +0.0364% | 8h | 73.610 | +0.095% | $1.3M | $888K | 50x |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Phoenix NFLX
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT