Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.025%

Price spread now: Aevo against Gate−0.044%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

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—needs both histories

Funding pays, the price is against you. Aevo is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NFLX_USDT	73.610	0	get 0.0000% / 8h	2h 24m	$1.3M	$1.2M	25x
Short	Aevo NFLX-PERP	73.577	0.0104	get 0.0013% / 1h	24m 55s	$225	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.044%Rate

Funding earned: $21.84
Price spread: −0.044% → 0.000%: −$4.43
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$13.59
Costs to cover: 0.310%
Break-even: 11.4 days

Slippage unknown: Gate: live order book, 2 min ago; Aevo: 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 Gate live order book, 2 min ago	6.79 bp	22.8 bp −$23	228.0 bp −$2,280	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	73.470	−0.191%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.560	−0.068%	$872K	$998K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.470	−0.190%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDTlong	0.0000%	8h	73.610	long leg	$1.3M	$1.2M	25x
SunX NFLX-USDT	0.0000%	8h	73.577	−0.045%	$2K	$5.1M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.480	−0.177%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.580	−0.041%	$1.4M	$330K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.450	−0.217%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.460	−0.204%	$68K	$172K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0077%	1h	73.488	−0.166%	$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-USD	+0.0080%	1h	73.500	−0.150%	$16K	$29K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.460	−0.204%	$152K	$13K	20x	as long as short
Aevo NFLX-PERPshort	+0.0104%	1h	73.577	−0.044%	$225	—	10x
Variational Omni NFLX	+0.0210%	8h	73.577	−0.044%	$120K	$111K	—	as long as short
Binance NFLXUSDT	+0.0212%	8h	73.578	−0.044%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.210	+0.815%	$83K	$52K	12x	as long as short
Bitget NFLXUSDT	+0.0235%	8h	73.580	−0.041%	$4.2M	$619K	50x	as long as short
Phoenix NFLX	+0.0327%	1h	73.515	−0.129%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0349%	8h	73.570	−0.054%	$633	$159K	10x	as long as short
BloFin NFLX-USDT	+0.0353%	8h	73.620	+0.014%	$46K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0417%	8h	73.580	−0.041%	$1.3M	$1.0M	50x	as long as short