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−0.0282%/8h= −30.9% APRnext payment $2.82 per $10,000 · paid last 24h −0.130%
Price spread now: HTX against Bybit−0.157%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.157% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.9000.0282pay 0.0282% / 8h1h 53m$1.3M$903K50x
ShortHTX NFLX-USDT73.7840get 0.0000% / 8h1h 53m$10K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$59.31
Price spread: −0.157% → 0.000%
−$15.7
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$98.01
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago4.74 bp21.6 bp −$22131.8 bp −$1,318doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.826−0.100%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.890−0.014%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.820−0.108%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920+0.027%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h73.885−0.020%$1K$4.6M10xas long as short
HTX NFLX-USDTshort0.0000%8h73.784−0.157%$10K$52K20x
Phemex NFLXUSDT0.0000%8h73.9000.000%$1.4M$342K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.830−0.095%$21K25xas long as short
Gate NFLX_USDT+0.0047%8h73.920+0.027%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.792−0.147%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.800−0.135%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.770−0.176%$66K$144K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.850−0.068%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.872−0.038%$22610xas long as short
Variational Omni NFLX+0.0113%8h73.872−0.038%$95K$126Kas long as short
Binance NFLXUSDT+0.0124%8h73.886−0.019%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0171%8h73.930+0.041%$532$140K10xas long as short
Phoenix NFLX+0.0206%1h73.857−0.058%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.200+5.819%$87K$107K12xas long as short
BloFin NFLX-USDT+0.0243%8h73.9000.000%$47K$83K20xas long as short
Bybit NFLXUSDTlong+0.0282%8h73.900long leg$1.3M$903K50x