Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h −0.092%

Price spread now: Aevo against Bybit−0.016%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aevo

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NFLXUSDT	74.100	0.0160	pay 0.0160% / 8h	7h 44m	$1.3M	$881K	50x
Short	Aevo NFLX-PERP	74.088	0.0104	get 0.0013% / 1h	44m 48s	$227	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.016%Rate

Funding earned: −$11.83
Price spread: −0.016% → 0.000%: −$1.58
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$40.41
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; Aevo: 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 Bybit live order book, 1 min ago	4.72 bp	20.5 bp −$21	136.0 bp −$1,360	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	74.031	−0.094%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.080	−0.027%	$890K	$827K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	74.090	−0.013%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.130	+0.040%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	74.050	−0.067%	$4.3M	$594K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.107	+0.009%	$1K	$4.5M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.144	+0.059%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.110	+0.013%	$1.4M	$352K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	74.070	−0.040%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.992	−0.146%	$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	74.029	−0.096%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	74.010	−0.121%	$64K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.040	−0.081%	$152K	$65K	20x	as long as short
Aevo NFLX-PERPshort	+0.0104%	1h	74.088	−0.016%	$227	—	10x
Variational Omni NFLX	+0.0144%	8h	74.123	+0.031%	$84K	$119K	—	as long as short
Binance NFLXUSDT	+0.0154%	8h	74.090	−0.013%	$5.4M	$5.7M	20x	as long as short
Bybit NFLXUSDTlong	+0.0160%	8h	74.100	long leg	$1.3M	$881K	50x
Injective NFLX/USDC PERP	+0.0220%	1h	74.810	+0.958%	$83K	$121K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	74.062	−0.051%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0271%	8h	74.150	+0.067%	$47K	$78K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0518%	8h	74.100	0.000%	$253	$129K	10x	as long as short