Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.069%

Price spread now: Aevo against GRVT+0.005%49s7-day average — · you sell dearer than you buy

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

Long on GRVT 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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NFLX_USDT_Perp	73.920	0.0188	pay 0.0188% / 8h	1h 31m	$486	$139K	10x
Short	Aevo NFLX-PERP	73.924	0.0104	get 0.0013% / 1h	31m 29s	$226	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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 GRVTbpFee AevobpOrdersPrice spread, now +0.005%Rate

Funding earned: −$17.64
Price spread: +0.005% → 0.000%: $0.54
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$42.1
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 11 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 GRVT live order book, 11 min ago	2.03 bp	19.9 bp −$20	45.3 bp −$453	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	73.883	−0.050%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.940	+0.027%	$878K	$832K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.850	−0.095%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.940	+0.027%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.923	+0.004%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.944	+0.032%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.920	0.000%	$1.4M	$343K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.870	−0.068%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.870	−0.068%	$12K	$19K	10x	as long as short
Gate NFLX_USDT	+0.0048%	8h	73.980	+0.081%	$1.4M	$1.2M	25x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.876	−0.060%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.820	−0.135%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.870	−0.068%	$152K	$38K	20x	as long as short
Aevo NFLX-PERPshort	+0.0104%	1h	73.924	+0.005%	$226	—	10x
Variational Omni NFLX	+0.0113%	8h	73.952	+0.043%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0119%	8h	73.920	0.000%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perplong	+0.0188%	8h	73.920	long leg	$486	$139K	10x
Phoenix NFLX	+0.0206%	1h	73.877	−0.058%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.570	+0.879%	$83K	$109K	12x	as long as short
BloFin NFLX-USDT	+0.0241%	8h	73.950	+0.041%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0288%	8h	73.950	+0.041%	$1.3M	$872K	50x	as long as short