Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0289%/8h= +31.6% APRpaid last 24h +0.069%

Price spread now: BloFin against Extended+0.119%54s7-day average — · you sell dearer than you buy

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

Long on Extended Short on BloFin

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.119% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	73.472	0.0048	pay 0.0006% / 1h	16m 06s	$16K	$29K	10x
Short	BloFin NFLX-USDT	73.560	0.0337	get 0.0337% / 8h	1h 16m	$46K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee ExtendedbpFee BloFinbpOrdersPrice spread, now +0.119%Rate

Funding earned: $60.62
Price spread: +0.119% → 0.000%: $11.95
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $55.57
Costs to cover: 0.170%
Break-even: 0.6 days

Slippage unknown: Extended: no order-book sample; BloFin: 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 Extended no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Extended and BloFin: 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	73.501	+0.039%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.600	+0.174%	$874K	$995K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.460	−0.017%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.580	+0.147%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.567	+0.129%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.594	+0.166%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.560	+0.119%	$1.4M	$328K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.460	−0.017%	—	$21K	25x	as long as short
Extended NFLX-USDlong	+0.0048%	1h	73.472	long leg	$16K	$29K	10x
tradeXYZ xyz:NFLX	+0.0050%	1h	73.480	+0.011%	$5.1M	$3.1M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.430	−0.057%	$68K	$169K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.490	+0.024%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.563	+0.124%	$225	—	10x	as long as short
Bitget NFLXUSDT	+0.0142%	8h	73.560	+0.119%	$4.2M	$612K	50x	as long as short
Variational Omni NFLX	+0.0200%	8h	73.596	+0.168%	$120K	$106K	—	as long as short
Binance NFLXUSDT	+0.0201%	8h	73.555	+0.113%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.890	+6.013%	$87K	$60K	12x	as long as short
Phoenix NFLX	+0.0272%	1h	73.537	+0.088%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0329%	8h	73.579	+0.145%	$575	$158K	10x	as long as short
BloFin NFLX-USDTshort	+0.0337%	8h	73.560	+0.119%	$46K	$82K	20x
Bybit NFLXUSDT	+0.0357%	8h	73.570	+0.133%	$1.3M	$994K	50x	as long as short