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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.062%
Price spread now: tradeXYZ against Binance−0.117%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 7 days+0.064%+$6 · spread now −0.117%, 7d avg −0.132%
Together, before fees−0.018%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.132%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NFLXUSDT74.0050.0116pay 0.0116% / 8h2h 10m$5.4M$5.5M20x
ShorttradeXYZ xyz:NFLX73.9180.0050get 0.0006% / 1h10m 52s$5.0M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$13.77
Price spread: −0.117% → −0.132%
$1.44
Slippage, 4 orders
−$16.82
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$57.15
Costs to cover
0.448%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; tradeXYZ: live order book, 8 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 bp11.3 bp −$1126.9 bp −$269doesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago1.01 bp11.0 bp −$11doesn'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%8h73.928−0.103%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.990−0.020%$879K$836K20xas long as short
QFEX NFLX-USD0.0000%1h73.920−0.114%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920−0.114%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h74.043+0.052%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h74.077+0.098%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.020+0.021%$1.4M$339K10xas long as short
Gate NFLX_USDT+0.0037%8h74.050+0.061%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.930−0.101%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.914−0.123%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXshort+0.0050%1h73.918−0.117%$5.0M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.940−0.087%$66K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.950−0.074%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.018+0.019%$22610xas long as short
Variational Omni NFLX+0.0110%8h74.032+0.037%$95K$126Kas long as short
Binance NFLXUSDTlong+0.0116%8h74.005long leg$5.4M$5.5M20x
GRVT NFLX_USDT_Perp+0.0151%8h73.980−0.034%$641$141K10xas long as short
Phoenix NFLX+0.0206%1h73.949−0.075%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.680+0.912%$83K$105K12xas long as short
BloFin NFLX-USDT+0.0235%8h74.040+0.048%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0289%8h73.970−0.047%$1.3M$903K50xas long as short