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+0.0118%/8h= +12.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.065%
Price spread now: Binance against Bitget+0.065%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$550.547% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.065%, 7d avg −0.018%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.083% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NFLXUSDT73.9200get 0.0000% / 8h2h 18m$4.3M$598K50x
ShortBinance NFLXUSDT73.9680.0118get 0.0118% / 8h2h 18m$5.4M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$24.77
Price spread: +0.065% → −0.018%
$8.32
Slippage, 4 orders
−$32.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$21.64
Costs to cover
0.547%
Break-even
13.1 days
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 4 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 Bitget live order book, 4 min ago6.75 bp13.9 bp −$1423.3 bp −$233doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.68 bp10.7 bp −$1133.9 bp −$339180.2 bp −$18.0Kdoesn'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%8h73.9200.000%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.980+0.081%$884K$825K20xas long as short
QFEX NFLX-USD0.0000%1h73.910−0.014%$1.1M$1.4M10xas long as short
Bitget NFLXUSDTlong0.0000%8h73.920long leg$4.3M$598K50x
SunX NFLX-USDT0.0000%8h74.008+0.119%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.974+0.073%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.970+0.068%$1.4M$336K10xas long as short
Gate NFLX_USDT+0.0041%8h74.020+0.135%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.9200.000%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.895−0.034%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.880−0.054%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.940+0.027%$66K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.9200.000%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.969+0.066%$22610xas long as short
Variational Omni NFLX+0.0112%8h73.997+0.104%$95K$126Kas long as short
Binance NFLXUSDTshort+0.0118%8h73.968+0.065%$5.4M$5.5M20x
GRVT NFLX_USDT_Perp+0.0159%8h74.000+0.108%$797$141K10xas long as short
Phoenix NFLX+0.0206%1h73.973+0.072%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.650+0.988%$83K$104K12xas long as short
BloFin NFLX-USDT+0.0238%8h73.990+0.095%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0294%8h73.990+0.095%$1.3M$903K50xas long as short