Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0319%/8h= −35.0% APRpaid last 24h −0.069%

Price spread now: Extended against BloFin−0.146%94s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.146% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NFLX-USDT	73.600	0.0367	pay 0.0367% / 8h	2h 03m	$46K	$82K	20x
Short	Extended NFLX-USD	73.492	0.0048	get 0.0006% / 1h	3m 36s	$16K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$67.05
Price spread: −0.146% → 0.000%: −$14.64
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$98.7
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Extended: no order-book sample. Net counts fees only.

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 BloFin no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

BloFin and Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	73.495	−0.143%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.560	−0.054%	$874K	$1.0M	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.500	−0.136%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.620	+0.027%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.567	−0.045%	$2K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.555	−0.061%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.580	−0.027%	$1.4M	$330K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.510	−0.122%	—	$21K	25x	as long as short
Extended NFLX-USDshort	+0.0048%	1h	73.492	−0.146%	$16K	$29K	10x
tradeXYZ xyz:NFLX	+0.0050%	1h	73.500	−0.136%	$5.1M	$3.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.470	−0.177%	$68K	$169K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.510	−0.122%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.589	−0.015%	$225	—	10x	as long as short
Bitget NFLXUSDT	+0.0211%	8h	73.560	−0.054%	$4.2M	$620K	50x	as long as short
Variational Omni NFLX	+0.0214%	8h	73.577	−0.032%	$120K	$106K	—	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.910	+5.856%	$87K	$55K	12x	as long as short
Binance NFLXUSDT	+0.0222%	8h	73.569	−0.042%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0327%	1h	73.551	−0.067%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0362%	8h	73.580	−0.027%	$617	$158K	10x	as long as short
BloFin NFLX-USDTlong	+0.0367%	8h	73.600	long leg	$46K	$82K	20x
Bybit NFLXUSDT	+0.0374%	8h	73.550	−0.068%	$1.3M	$1.0M	50x	as long as short