Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h −0.106%

Price spread now: Injective against BloFin+0.933%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.490%−$49 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.933% dearer against BloFin than usual: you sell high and buy low (spread +0.933% now, against zero (this spread has no 7-day history yet)): +$93 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−0.490% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NFLX-USDT	73.920	0.0243	pay 0.0243% / 8h	20m 03s	$47K	$77K	20x
Short	Injective NFLX/USDC PERP	74.610	0.0220	get 0.0028% / 1h	20m 03s	$83K	$117K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.933%Rate

Funding earned: −$4.78
Price spread: +0.933% → 0.000%: $93.34
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $76.54
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: no order-book sample; Injective: live order book, 9 min ago. 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 Injective live order book, 9 min ago	45.57 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

BloFin: 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	73.863	−0.077%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.950	+0.041%	$878K	$833K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.860	−0.081%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.940	+0.027%	$4.2M	$596K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.929	+0.012%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.950	+0.041%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.930	+0.014%	$1.4M	$345K	10x	as long as short
Gate NFLX_USDT	+0.0018%	8h	73.940	+0.027%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.870	−0.068%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.856	−0.086%	$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	73.865	−0.074%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.176%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.850	−0.095%	$151K	$41K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.929	+0.013%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0114%	8h	73.917	−0.004%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0122%	8h	73.928	+0.010%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0207%	8h	73.920	0.000%	$325	$136K	10x	as long as short
Injective NFLX/USDC PERPshort	+0.0220%	1h	74.610	+0.933%	$83K	$117K	12x
BloFin NFLX-USDTlong	+0.0243%	8h	73.920	long leg	$47K	$77K	20x
Bybit NFLXUSDT	+0.0245%	8h	73.900	−0.027%	$1.3M	$886K	50x	as long as short
Phoenix NFLX	+0.0249%	1h	73.883	−0.050%	$12K	$77K	10x	as long as short