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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: QFEX against Aevo−0.078%46s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.078% cheaper against Aevo than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NFLX-PERP73.8380.0104pay 0.0013% / 1h4m 39s$22610x
ShortQFEX NFLX-USD73.7800get 0.0000% / 1h4m 39s$1.1M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$21.84
Price spread: −0.078% → 0.000%
−$7.8
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$55.64
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; QFEX: live order book, 2 min ago. 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 QFEX live order book, 2 min ago2.71 bp13.6 bp −$1424.3 bp −$243doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.805−0.044%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.830−0.010%$877K$829K20xas long as short
QFEX NFLX-USDshort0.0000%1h73.780−0.078%$1.1M$1.4M10x
Bitget NFLXUSDT0.0000%8h73.900+0.085%$4.2M$594K50xas long as short
SunX NFLX-USDT0.0000%8h73.851+0.018%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.783−0.074%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.870+0.044%$1.4M$346K10xas long as short
Gate NFLX_USDT+0.0033%8h73.910+0.098%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.750−0.119%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.783−0.074%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.792−0.062%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.790−0.064%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.790−0.064%$152K$38K20xas long as short
Aevo NFLX-PERPlong+0.0104%1h73.838long leg$22610x
Variational Omni NFLX+0.0126%8h73.853+0.021%$83K$140Kas long as short
Binance NFLXUSDT+0.0135%8h73.870+0.044%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0198%8h73.856+0.025%$403$138K10xas long as short
Phoenix NFLX+0.0206%1h73.839+0.002%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.470+0.856%$83K$112K12xas long as short
BloFin NFLX-USDT+0.0254%8h73.870+0.044%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0286%8h73.840+0.003%$1.3M$890K50xas long as short