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−0.0123%/8h= −13.4% APRnext payment $1.23 per $10,000 · paid last 24h −0.054%
Price spread now: KuCoin against Binance−0.082%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 2 days (all we have)+0.053%+$5 · spread now −0.082%, 7d avg −0.068%
Together, before fees+0.033%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NFLXUSDT73.5200.0223pay 0.0223% / 8h7h 27m$5.4M$5.4M20x
ShortKuCoin NFLXUSDTM73.4600.0100get 0.0100% / 8h7h 27m$151K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$25.73
Price spread: −0.082% → −0.068%
−$1.35
Slippage, 4 orders
−$112.83
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$161.91
Costs to cover
1.348%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 17 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, 11 min ago0.68 bp8.0 bp −$810.9 bp −$109146.2 bp −$14.6Kdoesn't fit
Sell KuCoin live order book, 17 min ago21.11 bp45.1 bp −$45doesn't fitdoesn'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%8h73.458−0.085%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.5200.000%$883K$952K20xas long as short
QFEX NFLX-USD0.0000%1h73.470−0.068%$1.1M$1.5M10xas long as short
SunX NFLX-USDT0.0000%8h73.523+0.004%$2K$4.9M10xas long as short
HTX NFLX-USDT0.0000%8h73.310−0.286%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.530+0.013%$1.4M$330K10xas long as short
Bitget NFLXUSDT+0.0025%8h73.560+0.054%$4.3M$573K50xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.460−0.082%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.449−0.096%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.454−0.090%$5.0M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.430−0.123%$64K$176K10xas long as short
KuCoin NFLXUSDTMshort+0.0100%8h73.460−0.082%$151K$37K20x
Aevo NFLX-PERP+0.0104%1h73.499−0.028%$22510xas long as short
Gate NFLX_USDT+0.0127%8h73.550+0.040%$1.3M$1.2M25xas long as short
Variational Omni NFLX+0.0218%8h73.514−0.009%$94K$139Kas long as short
Injective NFLX/USDC PERP+0.0220%1h74.190+0.911%$83K$72K12xas long as short
Binance NFLXUSDTlong+0.0223%8h73.520long leg$5.4M$5.4M20x
Phoenix NFLX+0.0229%1h73.501−0.026%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0233%8h73.526+0.008%$877$152K10xas long as short
BloFin NFLX-USDT+0.0370%8h73.5200.000%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0463%8h73.550+0.040%$1.3M$910K50xas long as short