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= −13.5% APRnext payment $1.23 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against Binance+0.024%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2752.745% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.230%−$23 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.024%, 7d avg −0.005%
Together, before fees−0.226%−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.028% dearer against Binance than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NFLXUSDT73.8680.0123pay 0.0123% / 8h1h 56m$5.4M$5.6M20x
ShortSunX NFLX-USDT73.8850get 0.0000% / 8h1h 56m$1K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$25.93
Price spread: +0.024% → −0.005%
$2.82
Slippage, 4 orders
−$256.53
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$297.63
Costs to cover
2.745%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; SunX: live order book, 13 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, 12 min ago0.68 bp9.7 bp −$1027.4 bp −$274174.6 bp −$17.5Kdoesn't fit
Sell SunX live order book, 13 min ago45.95 bp128.0 bp −$128doesn'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%8h73.799−0.093%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.890+0.030%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.820−0.064%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920+0.071%$4.3M$592K50xas long as short
SunX NFLX-USDTshort0.0000%8h73.885+0.024%$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.974+0.144%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.910+0.057%$1.4M$342K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.820−0.064%$21K25xas long as short
Gate NFLX_USDT+0.0046%8h73.900+0.044%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.768−0.135%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.775−0.125%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.770−0.132%$66K$144K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.820−0.064%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.855−0.017%$22610xas long as short
Variational Omni NFLX+0.0121%8h73.971+0.140%$95K$126Kas long as short
Binance NFLXUSDTlong+0.0123%8h73.868long leg$5.4M$5.6M20x
GRVT NFLX_USDT_Perp+0.0169%8h73.982+0.155%$636$140K10xas long as short
Phoenix NFLX+0.0206%1h73.857−0.014%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.250+5.933%$87K$107K12xas long as short
BloFin NFLX-USDT+0.0244%8h73.920+0.071%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0285%8h73.880+0.017%$1.3M$903K50xas long as short