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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h +0.084%
Price spread now: Binance against Gate−0.081%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1111.108% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 7 days+0.088%+$9 · spread now −0.081%, 7d avg +0.016%
Together, before fees+0.312%+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.097% cheaper against Gate than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.016%). If the spread goes back, that is −$10 on $10k: about 2.5 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NFLX_USDT73.6200.0061pay 0.0061% / 8h3h 57m$1.4M$1.2M25x
ShortBinance NFLXUSDT73.5600.0190get 0.0190% / 8h3h 57m$5.4M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$27
Price spread: −0.081% → +0.016%
−$9.72
Slippage, 4 orders
−$85.78
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$93.5
Costs to cover
1.108%
Break-even
31.2 days
Slippage from Gate: live order book, just now; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, just now2.04 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.68 bp7.5 bp −$722.6 bp −$226161.9 bp −$16.2Kdoesn't fit

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%8h73.508−0.152%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.540−0.109%$879K$815K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.163%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.600−0.027%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.561−0.080%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.507−0.153%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.570−0.068%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.500−0.163%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.503−0.159%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.511−0.148%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.460−0.217%$65K$139K10xas long as short
Gate NFLX_USDTlong+0.0061%8h73.620long leg$1.4M$1.2M25x
KuCoin NFLXUSDTM+0.0100%8h73.530−0.122%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.556−0.086%$22510xas long as short
Variational Omni NFLX+0.0184%8h73.532−0.119%$94K$129Kas long as short
Binance NFLXUSDTshort+0.0190%8h73.560−0.081%$5.4M$5.4M20x
Injective NFLX/USDC PERP+0.0220%1h77.880+5.786%$87K$93K12xas long as short
GRVT NFLX_USDT_Perp+0.0236%8h73.563−0.077%$673$143K10xas long as short
Phoenix NFLX+0.0239%1h73.534−0.117%$12K$77K10xas long as short
BloFin NFLX-USDT+0.0313%8h73.560−0.081%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0374%8h73.610−0.014%$1.3M$875K50xas long as short