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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against Bitget+0.068%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3323.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.068%, 7d avg −0.096%
Together, before fees+0.055%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.163% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NFLXUSDT73.9800get 0.0000% / 8h6h 00m$4.2M$625K50x
ShortKuCoin NFLXUSDTM74.0300.0100get 0.0100% / 8h6h 00m$152K$169K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.068% → −0.096%
$16.34
Slippage, 4 orders
−$308.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$294.81
Costs to cover
3.322%
Break-even
105.3 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 41 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 ago6.75 bp13.9 bp −$1429.7 bp −$297115.2 bp −$11.5Kdoesn't fit
Sell KuCoin live order book, 41 min ago21.56 bp161.5 bp −$162doesn't fitdoesn't fitdoesn't fit

NFLX on 21 exchanges

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%8h74.019+0.053%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.060+0.108%$886K$773K20xas long as short
QFEX NFLX-USD0.0000%1h73.910−0.095%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.030+0.068%$1.4M$1.1M25xas long as short
Bitget NFLXUSDTlong0.0000%8h73.980long leg$4.2M$625K50x
SunX NFLX-USDT0.0000%8h74.022+0.057%$1K$4.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.986+0.008%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.020+0.054%$1.4M$341K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.920−0.081%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.964−0.022%$12K$19K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.940−0.054%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.970−0.014%$64K$127K10xas long as short
KuCoin NFLXUSDTMshort+0.0100%8h74.030+0.068%$152K$169K20x
Aevo NFLX-PERP+0.0104%1h74.030+0.067%$22710xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.640+0.892%$83K$132K12xas long as short
Phoenix NFLX+0.0227%1h73.953−0.036%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0262%8h74.090+0.149%$1.3M$759K50xas long as short
Variational Omni NFLX+0.0308%8h73.978−0.003%$76K$122Kas long as short
Binance NFLXUSDT+0.0309%8h74.030+0.068%$5.4M$5.5M20xas long as short
BloFin NFLX-USDT+0.0467%8h73.990+0.014%$422$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0579%8h74.020+0.054%$253$117K10xas long as short