Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.099%

Price spread now: Bybit against Aevo−0.013%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Bybit

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: +$6 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	73.640	0.0104	pay 0.0013% / 1h	37m 07s	$225	—	10x
Short	Bybit NFLXUSDT	73.630	0.0316	get 0.0316% / 8h	5h 37m	$1.3M	$905K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.013%Rate

Funding earned: $44.52
Price spread: −0.013% → 0.000%: −$1.3
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $16.23
Costs to cover: 0.270%
Break-even: 4.4 days

Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago	5.43 bp	19.5 bp −$19	162.9 bp −$1,629	doesn't fit	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	73.586	−0.073%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.650	+0.014%	$880K	$863K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.570	−0.094%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.710	+0.096%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.650	+0.014%	$4.3M	$543K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.642	+0.003%	$1K	$4.7M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.633	−0.009%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.640	+0.001%	$1.4M	$328K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.560	−0.108%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.598	−0.057%	$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:NFLX	+0.0050%	1h	73.563	−0.104%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.530	−0.149%	$65K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.590	−0.067%	$151K	$37K	20x	as long as short
Aevo NFLX-PERPlong	+0.0104%	1h	73.640	long leg	$225	—	10x
Phoenix NFLX	+0.0185%	1h	73.622	−0.024%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0204%	8h	73.621	−0.026%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0210%	8h	73.648	+0.011%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.950	+5.853%	$87K	$83K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0237%	8h	73.638	−0.002%	$673	$143K	10x	as long as short
Bybit NFLXUSDTshort	+0.0316%	8h	73.630	−0.013%	$1.3M	$905K	50x
BloFin NFLX-USDT	+0.0349%	8h	73.630	−0.013%	$47K	$81K	20x	as long as short