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+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.082%
Price spread now: GRVT against Bitget+0.022%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.307%+$31 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.022%, 7d avg −0.042%
Together, before fees+0.294%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.064% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NFLXUSDT73.7600get 0.0000% / 8h2h 57m$4.3M$574K50x
ShortGRVT NFLX_USDT_Perp73.7760.0155get 0.0155% / 8h2h 57m$441$141K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$32.55
Price spread: +0.022% → −0.042%
$6.38
Slippage, 4 orders
−$42.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$24.78
Costs to cover
0.637%
Break-even
12.3 days
Slippage from Bitget: live order book, 1 min ago; GRVT: live order book, 55 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, 1 min ago7.45 bp17.5 bp −$1728.1 bp −$281doesn't fitdoesn't fit
Sell GRVT live order book, 55 min ago2.04 bp14.9 bp −$1540.3 bp −$403doesn'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%8h73.737−0.032%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.770+0.014%$881K$820K20xas long as short
QFEX NFLX-USD0.0000%1h73.740−0.027%$1.1M$1.4M10xas long as short
Bitget NFLXUSDTlong0.0000%8h73.760long leg$4.3M$574K50x
SunX NFLX-USDT0.0000%8h73.803+0.058%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.764+0.005%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.750−0.014%$1.4M$328K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.750−0.014%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.712−0.065%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.710−0.068%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.730−0.041%$65K$140K10xas long as short
Gate NFLX_USDT+0.0058%8h73.840+0.108%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.740−0.027%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.787+0.037%$22610xas long as short
Variational Omni NFLX+0.0128%8h73.777+0.023%$97K$131Kas long as short
Binance NFLXUSDT+0.0128%8h73.770+0.014%$5.4M$5.4M20xas long as short
GRVT NFLX_USDT_Perpshort+0.0155%8h73.776+0.022%$441$141K10x
Injective NFLX/USDC PERP+0.0220%1h78.150+5.952%$87K$100K12xas long as short
BloFin NFLX-USDT+0.0248%8h73.810+0.068%$47K$83K20xas long as short
Phoenix NFLX+0.0250%1h73.744−0.022%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0328%8h73.810+0.068%$1.3M$885K50xas long as short