Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.013%

Price spread now: KuCoin against Extended+0.028%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 KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 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 +$2 a day on $10k at the current rate, and KuCoin is 0.028% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	73.820	0.0048	pay 0.0006% / 1h	48m 55s	$12K	$19K	10x
Short	KuCoin NFLXUSDTM	73.840	0.0100	get 0.0100% / 8h	5h 48m	$151K	$180K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.028%Rate

Funding earned: $10.92
Price spread: +0.028% → 0.000%: $2.77
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$3.31
Costs to cover: 0.170%
Break-even: 9.1 days

Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 53 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 KuCoin live order book, 53 min ago	21.56 bp	161.5 bp −$162	doesn't fit	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 exchanges

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	73.885	+0.089%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.870	+0.068%	$883K	$770K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.800	−0.026%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.920	+0.136%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.840	+0.028%	$4.2M	$625K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.862	+0.058%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.963	+0.194%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.910	+0.123%	$1.4M	$344K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.830	+0.014%	—	$21K	25x	as long as short
Extended NFLX-USDlong	+0.0048%	1h	73.820	long leg	$12K	$19K	10x

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.810	−0.013%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.890	+0.095%	$64K	$127K	10x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.840	+0.028%	$151K	$180K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.899	+0.108%	$226	—	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.230	+5.975%	$87K	$133K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.963	+0.194%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0278%	8h	73.920	+0.136%	$1.3M	$754K	50x	as long as short
Binance NFLXUSDT	+0.0292%	8h	73.880	+0.082%	$5.4M	$5.6M	20x	as long as short
Variational Omni NFLX	+0.0296%	8h	74.011	+0.260%	$76K	$122K	—	as long as short
BloFin NFLX-USDT	+0.0415%	8h	73.980	+0.217%	$424	$82K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0472%	8h	74.040	+0.298%	$257	$115K	10x	as long as short