Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.024%

Price spread now: Ondo Perps against Aster−0.084%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.084% cheaper against Aster than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NFLXUSDT	73.511	0	get 0.0000% / 8h	1h 28m	$11K	$5K	20x
Short	Ondo Perps NFLX-USD.P	73.450	0.0050	get 0.0006% / 1h	28m 29s	$68K	$169K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.084%Rate

Funding earned: $10.58
Price spread: −0.084% → 0.000%: −$8.35
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$10.77
Costs to cover: 0.130%
Break-even: 14.1 days

Slippage unknown: Aster: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—

Aster and Ondo Perps: 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	73.511	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.600	+0.121%	$874K	$997K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.500	−0.016%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.620	+0.148%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.588	+0.104%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.518	+0.009%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.580	+0.093%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.480	−0.043%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.489	−0.030%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.494	−0.024%	$5.1M	$3.1M	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.Pshort	+0.0050%	1h	73.450	−0.084%	$68K	$169K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.500	−0.016%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.576	+0.088%	$225	—	10x	as long as short
Bitget NFLXUSDT	+0.0155%	8h	73.560	+0.066%	$4.2M	$617K	50x	as long as short
Variational Omni NFLX	+0.0199%	8h	73.546	+0.047%	$120K	$106K	—	as long as short
Binance NFLXUSDT	+0.0201%	8h	73.580	+0.093%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.210	+0.950%	$83K	$59K	12x	as long as short
Phoenix NFLX	+0.0272%	1h	73.527	+0.021%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0331%	8h	73.570	+0.080%	$833	$157K	10x	as long as short
BloFin NFLX-USDT	+0.0334%	8h	73.540	+0.039%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0352%	8h	73.570	+0.080%	$1.3M	$998K	50x	as long as short