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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRnext payment +$1.12 per $10,000 · paid last 24h +0.085%
Price spread now: Variational Omni against Aster+0.092%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.092% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NFLXUSDT73.9290get 0.0000% / 8h2h 19m$11K$5K20x
ShortVariational Omni NFLX73.9970.0112get 0.0112% / 8h2h 19m$95K$126K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$23.59
Price spread: +0.092% → 0.000%
$9.18
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$24.77
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 29 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 Aster no order-book sample
Sell Variational Omni RFQ quote, 29 min ago2.89 bpdoesn't fit37.4 bp −$374doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDTlong0.0000%8h73.929long leg$11K$5K20x
OKX NFLX-USDT-SWAP0.0000%8h74.000+0.096%$884K$825K20xas long as short
QFEX NFLX-USD0.0000%1h73.910−0.026%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h74.030+0.136%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h73.998+0.093%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.974+0.061%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.980+0.069%$1.4M$336K10xas long as short
Gate NFLX_USDT+0.0042%8h74.050+0.163%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.920−0.012%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.905−0.033%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.881−0.065%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.940+0.015%$66K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.910−0.026%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.987+0.078%$22610xas long as short
Variational Omni NFLXshort+0.0112%8h73.997+0.092%$95K$126K
Binance NFLXUSDT+0.0118%8h74.000+0.096%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0159%8h74.000+0.096%$797$141K10xas long as short
Phoenix NFLX+0.0206%1h73.973+0.059%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.680+1.016%$83K$104K12xas long as short
BloFin NFLX-USDT+0.0239%8h74.030+0.136%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0297%8h74.000+0.096%$1.3M$903K50xas long as short