Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%

Price spread now: SunX against Bitget+0.092%7-day average −0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$359as in the Funding arb table

Net, price: spread back to 7d avg − costs−$345as in the Price arb table

costs, in and out, $10k−$3573.572% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.092%, 7d avg −0.031%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.123% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NFLXUSDT	73.990	0	get 0.0000% / 8h	7h 51m	$4.3M	$594K	50x
Short	SunX NFLX-USDT	74.058	0	get 0.0000% / 8h	7h 51m	$1K	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BitgetbpFee SunXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → −0.031%: $12.33
Slippage, 4 orders: −$337.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$344.89
Costs to cover: 3.572%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	10.13 bp	18.2 bp −$18	29.2 bp −$292	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	80.21 bp	163.2 bp −$163	doesn't fit	doesn't fit	doesn't fit

NFLX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.951	−0.052%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.060	+0.095%	$879K	$820K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.930	−0.081%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.040	+0.068%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDTlong	0.0000%	8h	73.990	long leg	$4.3M	$594K	50x
SunX NFLX-USDTshort	0.0000%	8h	74.058	+0.092%	$1K	$4.6M	10x
HTX NFLX-USDT	0.0000%	8h	73.985	−0.007%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.040	+0.068%	$1.4M	$351K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.940	−0.068%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.951	−0.053%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.953	−0.050%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.920	−0.095%	$64K	$143K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.970	−0.027%	$152K	$59K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.015	+0.034%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0135%	8h	73.953	−0.050%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0142%	8h	74.028	+0.052%	$5.4M	$5.7M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.710	+0.973%	$83K	$120K	12x	as long as short
Bybit NFLXUSDT	+0.0236%	8h	74.050	+0.081%	$1.3M	$882K	50x	as long as short
Phoenix NFLX	+0.0238%	1h	73.961	−0.039%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0262%	8h	74.020	+0.041%	$47K	$78K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0269%	8h	73.991	+0.001%	$253	$129K	10x	as long as short