Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.046%
Price spread now: Phoenix against Aevo−0.058%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Phoenix is 0.058% cheaper against Aevo than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NFLX-PERP73.5700.0104pay 0.0013% / 1h26m 47s$22510x
ShortPhoenix NFLX73.5270.0272get 0.0034% / 1h26m 47s$12K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$35.27
Price spread: −0.058% → 0.000%
−$5.78
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$6.49
Costs to cover
0.230%
Break-even
5.7 days
Slippage unknown: Aevo: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Phoenix no order-book sample
Aevo and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.510−0.080%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.600+0.041%$874K$997K20xas long as short
QFEX NFLX-USD0.0000%1h73.470−0.135%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.580+0.014%$1.3M$1.2M25xas long as short
SunX NFLX-USDT0.0000%8h73.568−0.002%$1K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.544−0.035%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.560−0.013%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.470−0.135%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.477−0.126%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.481−0.120%$5.1M$3.1M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.450−0.162%$68K$169K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.500−0.094%$152K$13K20xas long as short
Aevo NFLX-PERPlong+0.0104%1h73.570long leg$22510x
Bitget NFLXUSDT+0.0154%8h73.560−0.013%$4.2M$617K50xas long as short
Variational Omni NFLX+0.0199%8h73.546−0.032%$120K$106Kas long as short
Binance NFLXUSDT+0.0201%8h73.568−0.002%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.220+0.884%$83K$59K12xas long as short
Phoenix NFLXshort+0.0272%1h73.527−0.058%$12K$77K10x
GRVT NFLX_USDT_Perp+0.0332%8h73.578+0.012%$828$157K10xas long as short
BloFin NFLX-USDT+0.0336%8h73.600+0.041%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0352%8h73.570+0.001%$1.3M$998K50xas long as short