Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: QFEX against Aster−0.026%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 QFEX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.026% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it 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	73.929	0	get 0.0000% / 8h	7h 52m	$11K	$5K	20x
Short	QFEX NFLX-USD	73.910	0	get 0.0000% / 1h	52m 17s	$1.1M	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → 0.000%: −$2.56
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$20.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; QFEX: 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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 4 min ago	2.71 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit

Aster: 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	73.929	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	74.020	+0.123%	$879K	$820K	20x	as long as short
QFEX NFLX-USDshort	0.0000%	1h	73.910	−0.026%	$1.1M	$1.4M	10x
Gate NFLX_USDT	0.0000%	8h	74.000	+0.096%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.990	+0.083%	$4.3M	$594K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.987	+0.079%	$881	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.985	+0.076%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.980	+0.069%	$1.4M	$351K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.920	−0.012%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.928	−0.001%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.935	+0.008%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.960	+0.042%	$64K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.950	+0.028%	$152K	$58K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.983	+0.074%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0135%	8h	73.953	+0.032%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0141%	8h	73.980	+0.069%	$5.4M	$5.7M	20x	as long as short
Bybit NFLXUSDT	+0.0216%	8h	74.020	+0.123%	$1.3M	$882K	50x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.690	+1.029%	$83K	$120K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.961	+0.043%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0261%	8h	74.020	+0.123%	$47K	$78K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0276%	8h	73.994	+0.088%	$257	$136K	10x	as long as short