NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h +0.054%

Price spread now: Phoenix against tradeXYZ+0.065%61s7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.314%+$31 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.065% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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	tradeXYZ xyz:NFLX	73.385	0.0050	pay 0.0006% / 1h	0m 14s	$5.0M	$2.9M	10x
Short	Phoenix NFLX	73.433	0.0229	get 0.0029% / 1h	0m 14s	$12K	$77K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against tradeXYZ. 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 tradeXYZbpFee PhoenixbpOrdersPrice spread, now +0.065%Rate

Funding earned: $37.52
Price spread: +0.065% → 0.000%: $6.54
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $19.07
Costs to cover: 0.250%
Break-even: 3.4 days

Slippage unknown: tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago	0.95 bp	15.0 bp −$15	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	73.427	+0.057%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.450	+0.089%	$883K	$947K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.400	+0.020%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.510	+0.170%	$1.4M	$1.2M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.490	+0.143%	$4.3M	$569K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.483	+0.134%	$1K	$4.9M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.495	+0.150%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.480	+0.129%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.400	+0.020%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.383	−0.003%	$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:NFLXlong	+0.0050%	1h	73.385	long leg	$5.0M	$2.9M	10x
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.400	+0.020%	$64K	$151K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.430	+0.061%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.480	+0.129%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0220%	8h	73.478	+0.127%	$94K	$139K	—	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.120	+1.002%	$82K	$74K	12x	as long as short
Binance NFLXUSDT	+0.0226%	8h	73.480	+0.129%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLXshort	+0.0229%	1h	73.433	+0.065%	$12K	$77K	10x
GRVT NFLX_USDT_Perp	+0.0243%	8h	73.488	+0.140%	$550	$150K	10x	as long as short
BloFin NFLX-USDT	+0.0375%	8h	73.500	+0.157%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0423%	8h	73.470	+0.116%	$1.3M	$903K	50x	as long as short