Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.022%

Price spread now: Gate against Extended+0.171%7-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 Gate

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

The price spread pays, funding is against you. Gate is 0.171% dearer against Extended than usual: you sell high and buy low (spread +0.171% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	73.474	0.0080	pay 0.0010% / 1h	24m 09s	$16K	$29K	10x
Short	Gate NFLX_USDT	73.600	0	get 0.0000% / 8h	2h 24m	$1.3M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.171%Rate

Funding earned: −$16.8
Price spread: +0.171% → 0.000%: $17.08
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$19.72
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Gate: live order book, 3 min ago. 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 Gate live order book, 3 min ago	6.79 bp	92.8 bp −$93	305.9 bp −$3,059	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.471	−0.004%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.540	+0.089%	$871K	$998K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.440	−0.047%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDTshort	0.0000%	8h	73.600	+0.171%	$1.3M	$1.2M	25x
SunX NFLX-USDT	0.0000%	8h	73.577	+0.140%	$1K	$5.1M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.548	+0.100%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.580	+0.144%	$1.4M	$330K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.440	−0.047%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.460	−0.020%	$68K	$172K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0076%	1h	73.480	+0.008%	$5.1M	$3.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USDlong	+0.0080%	1h	73.474	long leg	$16K	$29K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.460	−0.020%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.559	+0.115%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0210%	8h	73.577	+0.140%	$120K	$111K	—	as long as short
Binance NFLXUSDT	+0.0214%	8h	73.570	+0.129%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.210	+1.001%	$83K	$52K	12x	as long as short
Bitget NFLXUSDT	+0.0236%	8h	73.570	+0.130%	$4.2M	$619K	50x	as long as short
Phoenix NFLX	+0.0327%	1h	73.515	+0.055%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0349%	8h	73.570	+0.130%	$633	$159K	10x	as long as short
BloFin NFLX-USDT	+0.0353%	8h	73.620	+0.198%	$46K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0419%	8h	73.580	+0.144%	$1.3M	$1.0M	50x	as long as short