Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.028%

Price spread now: Extended against Aster+0.042%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Extended

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—+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.042% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NFLXUSDT	73.472	0	get 0.0000% / 8h	2h 25m	$11K	$5K	20x
Short	Extended NFLX-USD	73.503	0.0080	get 0.0010% / 1h	25m 45s	$16K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now +0.042%Rate

Funding earned: $16.8
Price spread: +0.042% → 0.000%: $4.2
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $8
Costs to cover: 0.130%
Break-even: 3.7 days

Slippage unknown: Aster: no order-book sample; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Aster and Extended: 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 NFLXUSDTlong	0.0000%	8h	73.472	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.560	+0.119%	$872K	$998K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.460	−0.017%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.620	+0.201%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.577	+0.142%	$2K	$5.1M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.480	+0.010%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.560	+0.119%	$1.4M	$330K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.460	−0.017%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.460	−0.017%	$68K	$172K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0077%	1h	73.497	+0.033%	$5.1M	$3.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USDshort	+0.0080%	1h	73.503	+0.042%	$16K	$29K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.460	−0.017%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.576	+0.141%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0199%	8h	73.567	+0.128%	$120K	$111K	—	as long as short
Binance NFLXUSDT	+0.0212%	8h	73.586	+0.155%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.200	+0.990%	$83K	$52K	12x	as long as short
Bitget NFLXUSDT	+0.0233%	8h	73.530	+0.078%	$4.2M	$619K	50x	as long as short
Phoenix NFLX	+0.0327%	1h	73.515	+0.058%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0335%	8h	73.559	+0.118%	$633	$159K	10x	as long as short
BloFin NFLX-USDT	+0.0345%	8h	73.570	+0.133%	$46K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0417%	8h	73.580	+0.146%	$1.3M	$1.0M	50x	as long as short