Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.030%

Price spread now: Binance against Aevo+0.006%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NFLX-PERP	73.576	0.0104	pay 0.0013% / 1h	27m 52s	$225	—	10x
Short	Binance NFLXUSDT	73.580	0.0201	get 0.0201% / 8h	1h 27m	$5.4M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.006%Rate

Funding earned: $20.38
Price spread: +0.006% → 0.000%: $0.56
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.06
Costs to cover: 0.260%
Break-even: 8.7 days

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 10 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	0.68 bp	12.1 bp −$12	28.8 bp −$288	167.1 bp −$16.7K	doesn't fit

Aevo: 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	73.510	−0.089%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.600	+0.033%	$874K	$997K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.500	−0.103%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.620	+0.060%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.593	+0.023%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.544	−0.043%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.580	+0.006%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.480	−0.130%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.472	−0.141%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.477	−0.134%	$5.1M	$3.1M	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	73.450	−0.171%	$68K	$169K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.500	−0.103%	$152K	$13K	20x	as long as short
Aevo NFLX-PERPlong	+0.0104%	1h	73.576	long leg	$225	—	10x
Bitget NFLXUSDT	+0.0155%	8h	73.560	−0.022%	$4.2M	$617K	50x	as long as short
Variational Omni NFLX	+0.0199%	8h	73.546	−0.041%	$120K	$106K	—	as long as short
Binance NFLXUSDTshort	+0.0201%	8h	73.580	+0.006%	$5.4M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	74.210	+0.862%	$83K	$59K	12x	as long as short
Phoenix NFLX	+0.0272%	1h	73.527	−0.066%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0331%	8h	73.570	−0.008%	$833	$157K	10x	as long as short
BloFin NFLX-USDT	+0.0334%	8h	73.540	−0.049%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0352%	8h	73.570	−0.008%	$1.3M	$998K	50x	as long as short