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+0.0313%/8h= +34.2% APRnext payment +$3.13 per $10,000 · paid last 24h +0.130%
Price spread now: Bybit against Gate−0.054%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1211.212% 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+0.063%+$6 · spread now −0.054%, 7d avg +0.006%
Together, before fees+0.287%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.061% cheaper against Gate than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.006%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.224% in total) that is about 46 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NFLX_USDT73.6300.0060pay 0.0060% / 8h3h 58m$1.4M$1.2M25x
ShortBybit NFLXUSDT73.5900.0373get 0.0373% / 8h3h 58m$1.3M$875K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$65.65
Price spread: −0.054% → +0.006%
−$6.08
Slippage, 4 orders
−$95.2
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$61.63
Costs to cover
1.212%
Break-even
13.6 days
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 2 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, 4 min ago1.36 bp12.0 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago6.11 bp21.5 bp −$21182.9 bp −$1,829doesn't fitdoesn'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%8h73.508−0.166%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.540−0.122%$879K$815K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.177%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.600−0.041%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.540−0.122%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.528−0.139%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.550−0.109%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.490−0.190%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.503−0.173%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.511−0.162%$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%1h73.460−0.231%$65K$139K10xas long as short
Gate NFLX_USDTlong+0.0060%8h73.630long leg$1.4M$1.2M25x
KuCoin NFLXUSDTM+0.0100%8h73.530−0.136%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.552−0.106%$22510xas long as short
Variational Omni NFLX+0.0184%8h73.532−0.133%$94K$129Kas long as short
Binance NFLXUSDT+0.0190%8h73.548−0.112%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h72.870−1.032%$81K$93K12xas long as short
Phoenix NFLX+0.0239%1h73.530−0.136%$12K$76K10xas long as short
GRVT NFLX_USDT_Perp+0.0242%8h73.556−0.101%$678$143K10xas long as short
BloFin NFLX-USDT+0.0315%8h73.550−0.109%$47K$81K20xas long as short
Bybit NFLXUSDTshort+0.0373%8h73.590−0.054%$1.3M$875K50x