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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.023%
Price spread now: tradeXYZ against Gate−0.175%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2022.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 7 days+0.119%+$12 · spread now −0.175%, 7d avg −0.116%
Together, before fees+0.262%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and tradeXYZ is 0.059% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.116%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NFLX_USDT73.6300.0062pay 0.0062% / 8h4h 13m$1.4M$1.2M25x
ShorttradeXYZ xyz:NFLX73.5010.0050get 0.0006% / 1h13m 18s$4.9M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$2.52
Price spread: −0.175% → −0.116%
−$5.93
Slippage, 4 orders
−$169.41
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$210.85
Costs to cover
2.024%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; tradeXYZ: live order book, 4 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 ago2.04 bp12.6 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago1.16 bp12.2 bp −$12doesn't fitdoesn'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%8h73.512−0.160%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.550−0.109%$879K$822K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.177%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610−0.027%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.550−0.109%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.508−0.166%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.550−0.109%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.500−0.177%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.503−0.173%$16K$29K10xas long as short
tradeXYZ xyz:NFLXshort+0.0050%1h73.501−0.175%$4.9M$2.9M10x
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+0.0062%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%1h73.557−0.099%$22510xas long as short
Variational Omni NFLX+0.0186%8h73.552−0.106%$94K$130Kas long as short
Binance NFLXUSDT+0.0194%8h73.550−0.109%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.870+5.759%$87K$92K12xas long as short
Phoenix NFLX+0.0239%1h73.571−0.080%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0259%8h73.582−0.065%$614$143K10xas long as short
BloFin NFLX-USDT+0.0323%8h73.570−0.081%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0378%8h73.590−0.054%$1.3M$875K50xas long as short