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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0125%/8h= −13.7% APRnext payment $1.25 per $10,000 · paid last 24h −0.047%
Price spread now: Binance against Bybit+0.027%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.660% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.009%+$1 · spread now +0.027%, 7d avg +0.010%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.6400.0334pay 0.0334% / 8h5h 32m$1.3M$898K50x
ShortBinance NFLXUSDT73.6600.0209get 0.0209% / 8h5h 32m$5.4M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$26.24
Price spread: +0.027% → +0.010%
$1.7
Slippage, 4 orders
−$44.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$90.53
Costs to cover
0.660%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 5 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 Bybit live order book, 3 min ago5.43 bp23.4 bp −$23121.8 bp −$1,218doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.68 bp10.1 bp −$1031.7 bp −$317167.4 bp −$16.7Kdoesn't fit

NFLX on 21 venues

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%8h73.568−0.098%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.660+0.027%$880K$863K20xas long as short
QFEX NFLX-USD0.0000%1h73.550−0.122%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h73.730+0.122%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h73.650+0.014%$4.3M$543K50xas long as short
SunX NFLX-USDT0.0000%8h73.656+0.022%$1K$4.7M10xas long as short
HTX NFLX-USDT0.0000%8h73.617−0.031%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.670+0.041%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.550−0.122%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.561−0.108%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.552−0.120%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.530−0.149%$65K$144K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.570−0.095%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.620−0.027%$22510xas long as short
Phoenix NFLX+0.0185%1h73.622−0.024%$12K$77K10xas long as short
Variational Omni NFLX+0.0206%8h73.626−0.019%$94K$130Kas long as short
Binance NFLXUSDTshort+0.0209%8h73.660+0.027%$5.4M$5.4M20x
Injective NFLX/USDC PERP+0.0220%1h74.290+0.883%$83K$84K12xas long as short
GRVT NFLX_USDT_Perp+0.0245%8h73.631−0.012%$658$143K10xas long as short
Bybit NFLXUSDTlong+0.0334%8h73.640long leg$1.3M$898K50x
BloFin NFLX-USDT+0.0348%8h73.660+0.027%$47K$81K20xas long as short