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+0.0220%/8h= +24.1% APRpaid last 24h −0.013%
Price spread now: Injective against Bitget+5.966%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.153%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 5.966% dearer against Bitget than usual: you sell high and buy low: +$597 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NFLXUSDT73.9200get 0.0000% / 8h2h 16m$4.3M$598K50x
ShortInjective NFLX/USDC PERP78.3300.0220get 0.0028% / 1h16m 36s$87K$105K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +5.966% → 0.000%
$596.59
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$630.77
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Bitget: live order book, 1 min ago; Injective: live order book, 32 min ago. Net counts fees only.

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 ago8.11 bp14.5 bp −$1525.7 bp −$257doesn't fitdoesn't fit
Sell Injective live order book, 32 min ago42.94 bpdoesn't fitdoesn'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+0.011%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.980+0.081%$884K$825K20xas long as short
QFEX NFLX-USD0.0000%1h73.900−0.027%$1.1M$1.4M10xas long as short
Bitget NFLXUSDTlong0.0000%8h73.920long leg$4.3M$598K50x
SunX NFLX-USDT0.0000%8h73.963+0.058%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.971+0.069%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.960+0.054%$1.4M$336K10xas long as short
Gate NFLX_USDT+0.0038%8h74.010+0.122%$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%1h73.882−0.052%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.887−0.045%$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%1h73.962+0.057%$22610xas long as short
Variational Omni NFLX+0.0112%8h73.997+0.104%$95K$126Kas long as short
Binance NFLXUSDT+0.0116%8h73.966+0.062%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0158%8h73.978+0.079%$797$141K10xas long as short
Phoenix NFLX+0.0206%1h73.973+0.072%$12K$77K10xas long as short
Injective NFLX/USDC PERPshort+0.0220%1h78.330+5.966%$87K$105K12x
BloFin NFLX-USDT+0.0237%8h73.960+0.054%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0290%8h73.980+0.081%$1.3M$903K50xas long as short