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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0237%/8h= −25.9% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against GRVT−0.064%53s7-day average −0.181% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.220%−$22 on $10k
Price spread, last 3 days (all we have)−0.085%−$8 · spread now −0.064%, 7d avg −0.181%
Together, before fees−0.305%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.117% dearer against GRVT than usual: you sell high and buy low (spread −0.064% now, against its 7-day average of −0.181%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.220% in total) that is about 3.7 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NFLX_USDT_Perp73.5170.0287pay 0.0287% / 8h7h 32m$877$152K10x
ShortOndo Perps NFLX-USD.P73.4700.0050get 0.0006% / 1h32m 35s$64K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$49.69
Price spread: −0.064% → −0.181%
$11.75
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$51.94
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 39 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 39 min ago8.16 bp223361.0 bp −$223.4Kdoesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.472−0.061%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.480−0.050%$884K$951K20xas long as short
QFEX NFLX-USD0.0000%1h73.470−0.064%$1.1M$1.5M10xas long as short
SunX NFLX-USDT0.0000%8h73.503−0.019%$1K$4.9M10xas long as short
HTX NFLX-USDT0.0000%8h73.526+0.012%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.510−0.009%$1.4M$330K10xas long as short
Bitget NFLXUSDT+0.0036%8h73.550+0.045%$4.3M$573K50xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.460−0.077%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.448−0.093%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.450−0.091%$5.0M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.Pshort+0.0050%1h73.470−0.064%$64K$178K10x
KuCoin NFLXUSDTM+0.0100%8h73.460−0.077%$152K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.507−0.013%$22510xas long as short
Gate NFLX_USDT+0.0171%8h73.530+0.018%$1.3M$1.2M25xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.170+0.888%$83K$71K12xas long as short
Variational Omni NFLX+0.0221%8h73.504−0.018%$94K$139Kas long as short
Binance NFLXUSDT+0.0226%8h73.527+0.014%$5.4M$5.4M20xas long as short
Phoenix NFLX+0.0229%1h73.470−0.064%$12K$77K10xas long as short
GRVT NFLX_USDT_Perplong+0.0287%8h73.517long leg$877$152K10x
BloFin NFLX-USDT+0.0376%8h73.490−0.037%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0485%8h73.550+0.045%$1.3M$919K50xas long as short