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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0131%/8h= −14.3% APRnext payment $1.31 per $10,000 · paid last 24h −0.051%
Price spread now: Bitget against Binance−0.040%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$510.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.198%−$20 on $10k
Price spread, last 2 days (all we have)+0.052%+$5 · spread now −0.040%, 7d avg +0.025%
Together, before fees−0.146%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.065% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NFLXUSDT73.5190.0222pay 0.0222% / 8h2m 02s$5.4M$5.5M20x
ShortBitget NFLXUSDT73.4900.0091get 0.0091% / 8h2m 02s$4.3M$689K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$27.48
Price spread: −0.040% → +0.025%
−$6.46
Slippage, 4 orders
−$28.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$84.91
Costs to cover
0.510%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.68 bp5.7 bp −$66.4 bp −$64145.3 bp −$14.5Kdoesn't fit
Sell Bitget live order book, 6 min ago8.16 bp17.4 bp −$1729.9 bp −$299doesn't fitdoesn't fit

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 NFLXUSDT0.0000%8h73.453−0.090%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.520+0.001%$885K$1.0M20xas long as short
QFEX NFLX-USD0.0000%1h73.410−0.149%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.550+0.042%$1.3M$1.2M25xas long as short
SunX NFLX-USDT0.0000%8h73.523+0.005%$2K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.464−0.075%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.510−0.013%$1.4M$335K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.420−0.135%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.413−0.144%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.417−0.139%$5.0M$3.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.490−0.040%$66K$196K10xas long as short
Bitget NFLXUSDTshort+0.0091%8h73.490−0.040%$4.3M$689K50x
KuCoin NFLXUSDTM+0.0100%8h73.460−0.081%$152K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.515−0.006%$22510xas long as short
Phoenix NFLX+0.0207%1h73.461−0.079%$12K$77K10xas long as short
Variational Omni NFLX+0.0213%8h73.515−0.006%$94K$139Kas long as short
Injective NFLX/USDC PERP+0.0220%1h77.810+5.836%$87K$68K12xas long as short
Binance NFLXUSDTlong+0.0222%8h73.519long leg$5.4M$5.5M20x
GRVT NFLX_USDT_Perp+0.0304%8h73.520+0.001%$608$156K10xas long as short
BloFin NFLX-USDT+0.0368%8h73.520+0.001%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0425%8h73.550+0.042%$1.3M$967K50xas long as short