Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: SunX against Aevo−0.019%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 SunX

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	73.527	0.0104	pay 0.0013% / 1h	24m 01s	$225	—	10x
Short	SunX NFLX-USDT	73.513	0	get 0.0000% / 8h	24m 01s	$2K	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$21.84
Price spread: −0.019% → 0.000%: −$1.92
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: −$47.76
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; SunX: 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 SunX live order book, 4 min ago	45.16 bp	127.5 bp −$128	doesn't fit	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	73.443	−0.115%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.470	−0.078%	$872K	$987K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.450	−0.105%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.530	+0.004%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDTshort	0.0000%	8h	73.513	−0.019%	$2K	$5.0M	10x
HTX NFLX-USDT	0.0000%	8h	73.577	+0.068%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.510	−0.023%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.440	−0.118%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.419	−0.147%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.423	−0.142%	$5.1M	$3.0M	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	73.390	−0.186%	$68K	$172K	10x	as long as short
Bitget NFLXUSDT	+0.0095%	8h	73.510	−0.023%	$4.2M	$637K	50x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.450	−0.105%	$152K	$37K	20x	as long as short
Aevo NFLX-PERPlong	+0.0104%	1h	73.527	long leg	$225	—	10x
Variational Omni NFLX	+0.0193%	8h	73.507	−0.028%	$120K	$106K	—	as long as short
Binance NFLXUSDT	+0.0198%	8h	73.510	−0.023%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0207%	1h	73.455	−0.098%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.160	+0.861%	$83K	$65K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0299%	8h	73.510	−0.023%	$814	$155K	10x	as long as short
BloFin NFLX-USDT	+0.0329%	8h	73.510	−0.023%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0398%	8h	73.550	+0.031%	$1.3M	$998K	50x	as long as short