Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.022%

Price spread now: Extended against Gate−0.178%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 Extended

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

Funding pays, the price is against you. Extended is 0.178% cheaper against Gate than usual: you would sell low and buy high (spread −0.178% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 8.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NFLX_USDT	73.590	0	get 0.0000% / 8h	2h 23m	$1.3M	$1.2M	25x
Short	Extended NFLX-USD	73.459	0.0072	get 0.0009% / 1h	23m 06s	$16K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.178%Rate

Funding earned: $15.12
Price spread: −0.178% → 0.000%: −$17.81
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$22.69
Costs to cover: 0.200%
Break-even: 17.5 days

Slippage unknown: Gate: live order book, 4 min ago; Extended: 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, 4 min ago	6.79 bp	22.8 bp −$23	228.0 bp −$2,280	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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	73.465	−0.170%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.530	−0.082%	$871K	$997K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.440	−0.204%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDTlong	0.0000%	8h	73.590	long leg	$1.3M	$1.2M	25x
SunX NFLX-USDT	0.0000%	8h	73.542	−0.065%	$1K	$5.1M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.548	−0.057%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.560	−0.041%	$1.4M	$330K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.440	−0.204%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.460	−0.177%	$68K	$172K	10x	as long as short
Extended NFLX-USDshort	+0.0072%	1h	73.459	−0.178%	$16K	$29K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0073%	1h	73.465	−0.170%	$5.1M	$3.2M	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.450	−0.190%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.544	−0.063%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0210%	8h	73.577	−0.017%	$120K	$111K	—	as long as short
Binance NFLXUSDT	+0.0216%	8h	73.549	−0.055%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.180	+0.802%	$83K	$53K	12x	as long as short
Bitget NFLXUSDT	+0.0237%	8h	73.570	−0.027%	$4.2M	$619K	50x	as long as short
Phoenix NFLX	+0.0327%	1h	73.565	−0.034%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0349%	8h	73.570	−0.027%	$633	$159K	10x	as long as short
BloFin NFLX-USDT	+0.0360%	8h	73.530	−0.082%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0420%	8h	73.560	−0.041%	$1.3M	$1.0M	50x	as long as short