PerpEquities

Equity

Netflix, Inc. (NFLX) perpetual futures

NFLX perpetual futures on 25 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade NFLXUSDT.

Netflix, Inc. is a worldwide entertainment provider offering TV series, films, documentaries, and mobile games streaming on internet-connected devices, plus DVD-by-mail in the US, with about 222 million subscribers in 190 countries.

$61.59-0.8%NASDAQ closed
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venue perp mark · Deepcoin (NFLX/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

25/25 live markets
Venues
25
Live markets
25/25
24h volume
$12.3MCoverage: 22/25 marketsExchange-reported volume: $15M
Open interest
$18.6MCoverage: 21/25 markets
Best liquidity
$2.2M
Ourbit
Tightest spread
+1.6 bps
OKX
Highest volume
$6.2M
Deepcoin
Settlement mix
USDT · 17/25
Perp/spot vol.
0.01x
Spot volume $2.2B
OI / float
+0.01%
Float $251.1B
Spot performance
1D-0.86%
5D-1.82%
1M-14.41%
6M-28.58%
YTD-33.71%
1Y-43.65%

Venue matrix

25 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BinanceTradeNFLX/USDTTrading$61.580.0% APR
0.000% every 8h
+3.2 bps$832.9K$2.1M$3.5MUSDT-
BitgetTradeNFLX/USDTTrading$61.620.0% APR
0.000% every 8h
+4.9 bps$1.3M$955K$3.1MUSDT50x
Hyperliquid HIP-3Tradexyz:NFLXTrading$61.56-15.2% APR
-0.00173% every 1h
+5.2 bps-$692.8K$4.5MUSDC10x
OKXTradeNFLX/USDTTrading$61.550.0% APR
0.000% every 8h
+1.6 bps$57.5K$401K$930.5KUSDT20x
Gate.ioTradeNFLX/USDTTrading$61.570.0% APR
0.000% every 8h
+9.7 bps$61K$338.5K$1.2MUSDT25x
KuCoinTradeNFLX/USDTTrading$61.620.0% APR
0.000% every 8h
+11.4 bps$19.9K$290.1K$356.3KUSDT20x
BybitTradeNFLX/USDTTrading$61.640.0% APR
0.000% every 8h
+13.0 bps$64.5K$245.9K$1.1MUSDT50x
XT.comTradeNFLX/USDTTrading$61.56+5.5% APR
+0.00500% every 8h
+6.5 bps$64.5K$203.2K-USDT20x
BitunixTradeNFLX/USDTTrading$61.56-9.9% APR
-0.00907% every 8h
+11.4 bps$106.4K$170.3K$63.7KUSDT20x
MEXCTradeNFLX/USDTTrading$61.670.0% APR
0.000% every 8h
+19.5 bps$1.4M$132.9K$1.8MUSDT50x
PhemexTradeNFLX / USDTTrading$61.560.0% APR
0.000% every 8h
+4.9 bps$53.4K$128.8K$1.5MUSDT10x
GRVTTradeNFLX/USDTTrading$61.590.0% APR
0.000% every 8h
+6.5 bps$449.4K$101.9K$1KUSDT-
VariationalTradeNFLX/USDCTrading$61.580.0% APR
0.000% every 8h
+8.9 bpsno public depth feed$84.3K$133KUSDC-
HTXTradeNFLX/USDTTrading$61.590.0% APR
0.000% every 8h
+59.1 bps$23.7K$54.3K$13KUSDT-
Ondo PerpsTradeNFLX/USDTrading$61.57-+22.7 bps$143.3K$49.7K$58.4KUSDC10x
AsterTradeNFLXUSDTTrading$61.550.0% APR
0.000% every 8h
+14.6 bps$280.8K$42.8K$103.2KUSDT-
ExtendedTradeNFLX/USDTrading$61.54-14.9% APR
-0.00170% every 1h
+2.6 bps-$26.2K$46KUSD10x
BloFinTradeNFLX/USDTTrading$61.57+3.0% APR
+0.00271% every 8h
+3.2 bps$827.9K$15.4K$88.2KUSDT20x
Crypto.com ExchangeTradeNFLX/USDTrading$61.46+5.0% APR
+0.00057% every 1h
+107.3 bps$7.1K$1.4K$9KUSD50x
Helix (Injective)TradeNFLX/USDCTrading$61.98+3.6% APR
+0.00042% every 1h
-no public depth feed$248.5-USDC12x
AevoTradeNFLX/USDCTrading$61.54+11.4% APR
+0.00130% every 1h
+14.8 bps$231.2K$74.1$9.8KUSDC10x
VestTradeNFLX/USDCTrading$62.00+5.0% APR
+0.00057% every 1h
+104.8 bps---USDC25x
DeepcoinTradeNFLX/USDTTrading$61.61-+3.2 bps$1.2M$6.2M-USDT25x
BingXTradeNFLX-USDTTrading$61.57+5.5% APR
+0.00500% every 8h
+3.2 bps$1.3M$1.6M⚠$6.1KUSDT-
OurbitTradeNFLX/USDTTrading$61.590.0% APR
0.000% every 8h
+3.2 bps$2.2M$1.1M⚠$116.9KUSDT50x

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Broad liquidity · 19 of 25 venues absorb $10k · Typical cost: +9.9 bps – +30.6 bps

Cheapest execution: BingX · +7.2 bps

No fresh book data: Crypto.com Exchange, Hyperliquid HIP-3, Variational, Extended, Helix (Injective), Vest

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

NFLX

Tightest spread

NFLX

Highest volume

NFLX

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-10-21 · next report 2027-01-19 · Updated 1h ago
All financials →

Valuation & key figures

Market cap
$255B
Updated 1h ago
Revenue
$49.7B
Trailing 12 months
Revenue growth
+13%
FY2026 consensus
Profit margin
29.7%
Net income / revenue, TTM
P/E
17.8×
Forward 17.2× (FY2026)
P/S
5.1×
Price / sales, TTM
Peer P/E
14.2×
Similar listed perps
EV / EBITDA
7.2×
TTM
Free cash flow
$11.4B
Trailing 12 months
Net income
$14.8B
Trailing 12 months
Revenue estimate
$51.1B
FY2026 consensus
Earnings
2027-01-19
Revenue est. $13.4B · Updated 1h ago
Dividend
–
No dividend
Revenue (TTM)$49.7B+14.7% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)31.3%+2.2 pp vs a year agoOperating income $15.6B
Net income (TTM)$14.8B+41.6% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$11.4B+26.9% vs a year agoCapex $933M
Diluted EPS (TTM)$3.46+44.2% vs a year agoSum of the last 4 quarters
Net cash-$6.91B-34.5% vs a year agoCash + short-term investments - debt
  • Last report (2026-10-20): revenue in line, EPS beat by 6.1%Revenue $12.9B vs $12.9B expected (0.0%); EPS $0.87 vs $0.82 (+6.1%).
  • Revenue growth slowing: 11.8% year on yearQ3 '26 revenue $12.9B, against an average of 16.1% over the four quarters before.
  • Operating margin 31.3% (TTM), +2.2 pp on a year agoOperating income grew 23.1% while revenue grew 14.7%.
  • 12.1% of pre-tax profit is non-operatingPre-tax income $17.7B vs operating income $15.6B (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.

Revenue, operating income and growth

quarterly

Segments in Q3 '26

from the filing
SegmentRevenuey/yOp. incomeMargin
Reportable Segment$12.9B+11.8%$4.46B34.6%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 241 lines Netflix, Inc. reported to the SEC

Next catalyst

Catalysts

Earnings
2027-01-19
Revenue est. $13.4B · Updated 1h ago

No unusual perp activity right now.

Reference data

Market context

Reference market

Closed
NASDAQ
Regular hours
CLOSED – CLOSED EST
Next holiday
Nov 26, 2026 · Thanksgiving Day

Extended-hours reference

Bid61.9
Ask62
Volume36,667,882

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20263.58$51.1B+13%29
FY 20273.76$56.6B+11%34
FY 20284.47$62.1B+10%31
FY 20295.33$67.5B+9%24
FY 20306.28$72.5B+7%14
Q1 20291.19$16.3B+33%6
Source: FMP · Consensus

Company events

6
2027-01-19EarningsActual - / Estimate 0.68-
2026-10-20Earnings · After market closeActual 0.87 / Estimate 0.82Beat
2026-07-16EarningsActual 0.8 / Estimate 0.786Beat
2026-04-16EarningsActual 1.23 / Estimate 0.763Beat
2026-01-20EarningsActual 0.56 / Estimate 0.552Beat
2025-11-17Stock split10:1-

Peer comparison

Similar listed perps

Company data

Company intelligence

Updated: Nov 15, 2026, 02:37 PM UTC

Company profile

Sector
Communication Services
Industry
Entertainment
Chief executive
Theodore A. Sarandos
Employees
16,000
IPO date
May 23, 2002
Country
US
Exchange
NASDAQ Global Select
Website
Altman Z-scorei8.42
Piotroski scorei7/9
Overall ratingiB+
Owner earningsi$2.94B$0.70 per share
ESG risk ratingiB-Industry rank: 56/57

Rating factors

Return on equityi
5/5
Return on assetsi
5/5
Debt to equityi
3/5
Price to earningsi
2/5
Price to booki
1/5
Market cap history
$256.96B-19.3%Aug 2026 – Nov 2026
$256.96B$298.25B$339.54BHigh: $339.54B · 2026-08-31Latest: $256.96B · 2026-11-13Aug 2026Sep 2026Oct 2026Nov 2026
Latest: $256.96B · 2026-11-13High: $339.54B · 2026-08-31Low: $256.96B · 2026-11-13
Largest fund holders
FundWeightShares held
VTI0.4%132.2M
VOO0.44%109.3M
QQQ1.21%88.7M
FXAIX0.44%58.3M
1655.T0.4%55.9M
1657.T0.31%55.9M
XAW.TO0.24%55.9M
IVV0.41%55.9M
SPY0.41%51M
VUG0.78%44.2M
VIIIX0.44%22M
QQQM1.21%20.4M

Analyst track record

How the analysts covering NFLX have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings283860
Analysts5569
Buy / hold / sell216 / 62 / 5623 / 219 / 18
Upgrades / downgrades / initiations7 / 13 / 728 / 29 / 13
Price targets hit / missed3 / 243 (1%)4 / 751 (1%)
Avg. return after a rating (TipRanks)-40.4%-59.0%
Best / worst call+10.0% / -95.5%+191.6% / -95.5%

After buy calls on this stock: median 21-day move +4.0% vs S&P 500 +2.5% (n = 639)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Brian PitzBMO Capital46% hit rate on this stock · 13 targets measuredBuytarget $125Oct 21, 2026
  2. Joseph BonnerArgus Research44% hit rate on this stock · 9 targets measuredBuytarget $95.00Oct 21, 2026
  3. Laurent YoonBernstein41% hit rate on this stock · 17 targets measuredBuytarget $80.00Oct 21, 2026

Latest ratings

DateAnalystCallTarget
Oct 22, 2026Helena WangPhillip SecuritiesOct 22, 2026BuyMaintained$100↗
Oct 22, 2026Markus LeistnerDZ BANK AGOct 22, 2026BuyMaintained–↗
Oct 22, 2026Peter SupinoWolfe ResearchOct 22, 2026HoldDowngraded–↗
Oct 21, 2026John BlackledgeTD CowenOct 21, 2026BuyMaintained$100↗
Oct 21, 2026Joseph BonnerArgus ResearchOct 21, 2026BuyMaintained$95.00↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$60.00$80.00$100$120Dec 25 · Buy 29 · Hold 10 · Sell 2Dec 25Jan 26 · Buy 33 · Hold 12 · Sell 1Feb 26 · Buy 34 · Hold 12 · Sell 1Feb 26Mar 26 · Buy 35 · Hold 11 · Sell 1Apr 26 · Buy 35 · Hold 11 · Sell 1Apr 26May 26 · Buy 34 · Hold 11 · Sell 1Jun 26 · Buy 33 · Hold 11 · Sell 0Jun 26Jul 26 · Buy 30 · Hold 10 · Sell 0Aug 26 · Buy 28 · Hold 10 · Sell 0Aug 26Sep 26 · Buy 28 · Hold 10 · Sell 1Oct 26 · Buy 30 · Hold 14 · Sell 2Oct 26Nov 26 · Buy 30 · Hold 14 · Sell 2Dec 25 · avg. target $132Jan 26 · avg. target $119Feb 26 · avg. target $118Mar 26 · avg. target $116Apr 26 · avg. target $116May 26 · avg. target $115Jun 26 · avg. target $114Jul 26 · avg. target $98.18Aug 26 · avg. target $97.13Sep 26 · avg. target $94.73Oct 26 · avg. target $87.08Nov 26 · avg. target $87.08Dec 25 · month-end close $93.76Jan 26 · month-end close $83.49Feb 26 · month-end close $96.24Mar 26 · month-end close $96.15Apr 26 · month-end close $93.61May 26 · month-end close $86.02Jun 26 · month-end close $71.40Jul 26 · month-end close $71.71Aug 26 · month-end close $81.05Sep 26 · month-end close $69.58Oct 26 · month-end close $62.08Nov 26 · month-end close $62.15

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 13, 2026 · 283 ratings

Frequently asked questions

Where can I trade NFLX perpetual futures?

Netflix, Inc. (NFLX) perpetual futures trade on 25 crypto venues, including Deepcoin, Binance, BingX. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade NFLX around the clock?

Yes. Unlike the underlying stock, NFLX perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on NFLX perpetuals?

Right now the NFLX perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 25 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the NFLX perp price compare to the Netflix, Inc. stock?

The venue-median NFLX perp mark is $61.6 versus a reference stock price of $61.6, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a NFLX perpetual future?

A NFLX perpetual is a derivative that tracks the price of Netflix, Inc. with no expiry date. It lets you take long or short exposure to Netflix, Inc. on crypto venues, around the clock.

What is NFLXUSDT perpetual?

NFLXUSDT is the symbol most crypto exchanges use for the Netflix, Inc. perpetual settled in USDT (Tether). It tracks the NFLX share price through an index, trades 24/7 with leverage and never expires.

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