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−0.0196%/8h= −21.5% APRnext payment $1.96 per $10,000 · paid last 24h −0.130%
Price spread now: Gate against Bybit+0.014%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.779% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.224%−$22 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.014%, 7d avg −0.009%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.023% dearer against Bybit than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.009%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.6000.0196pay 0.0196% / 8h6h 23m$1.3M$896K50x
ShortGate NFLX_USDT73.6100get 0.0000% / 8h6h 23m$1.4M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$41.15
Price spread: +0.014% → −0.009%
$2.27
Slippage, 4 orders
−$51.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$116.74
Costs to cover
0.779%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 4 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, 2 min ago4.75 bp23.0 bp −$23128.4 bp −$1,284doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago9.51 bp20.2 bp −$20doesn't fitdoesn't fitdoesn't fit

NFLX on 20 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
QFEX NFLX-USD0.0000%1h73.520−0.109%$1.1M$1.4M10xas long as short
Aster NFLXUSDT0.0000%8h73.519−0.109%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.6000.000%$879K$867K20xas long as short
Gate NFLX_USDTshort0.0000%8h73.610+0.014%$1.4M$1.2M25x
Bitget NFLXUSDT0.0000%8h73.6000.000%$4.3M$544K50xas long as short
SunX NFLX-USDT0.0000%8h73.619+0.026%$2K$4.7M10xas long as short
HTX NFLX-USDT0.0000%8h73.563−0.050%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.630+0.041%$1.4M$323K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.530−0.095%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.512−0.119%$16K$29K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.520−0.109%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.560−0.054%$64K$136K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.550−0.068%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.612+0.016%$22510xas long as short
GRVT NFLX_USDT_Perp+0.0171%8h73.621+0.029%$666$148K10xas long as short
Phoenix NFLX+0.0174%1h73.546−0.073%$12K$77K10xas long as short
Bybit NFLXUSDTlong+0.0196%8h73.600long leg$1.3M$896K50x
Variational Omni NFLX+0.0205%8h73.583−0.023%$94K$130Kas long as short
Binance NFLXUSDT+0.0212%8h73.6000.000%$5.5M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.930+5.883%$87K$79K12xas long as short