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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0175%/8h= +19.1% APRpaid last 24h +0.057%
Price spread now: Binance against Extended+0.149%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.149% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NFLX-USD73.4040.0048pay 0.0006% / 1h7m 12s$16K$29K10x
ShortBinance NFLXUSDT73.5130.0223get 0.0223% / 8h7h 07m$5.4M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
$36.69
Price spread: +0.149% → 0.000%
$14.94
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$36.63
Costs to cover
0.150%
Break-even
0.0 days
Slippage unknown: Extended: no order-book sample; Binance: live order book, 1 min ago. 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 Extended no order-book sample
Sell Binance live order book, 1 min ago0.68 bp12.0 bp −$1230.9 bp −$309162.6 bp −$16.3Kdoesn't fit
Extended: 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%8h73.447+0.059%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.500+0.131%$883K$947K20xas long as short
QFEX NFLX-USD0.0000%1h73.420+0.022%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.520+0.159%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.490+0.118%$4.3M$569K50xas long as short
SunX NFLX-USDT0.0000%8h73.513+0.149%$1K$4.9M10xas long as short
HTX NFLX-USDT0.0000%8h73.493+0.122%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.500+0.131%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.420+0.022%$21K25xas long as short
Extended NFLX-USDlong+0.0048%1h73.404long leg$16K$29K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.405+0.002%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.430+0.036%$64K$151K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.460+0.077%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.493+0.121%$22510xas long as short
Variational Omni NFLX+0.0216%8h73.498+0.128%$94K$139Kas long as short
Injective NFLX/USDC PERP+0.0220%1h74.160+1.031%$83K$74K12xas long as short
Binance NFLXUSDTshort+0.0223%8h73.513+0.149%$5.4M$5.4M20x
Phoenix NFLX+0.0229%1h73.451+0.065%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0237%8h73.500+0.131%$550$150K10xas long as short
BloFin NFLX-USDT+0.0370%8h73.500+0.131%$47K$82K20xas long as short
Bybit NFLXUSDT+0.0516%8h73.470+0.090%$1.3M$906K50xas long as short