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+0.0377%/8h= +41.3% APRnext payment +$3.77 per $10,000 · paid last 24h +0.130%
Price spread now: Bybit against HTX+0.154%7-day average · you sell dearer than you buy
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+0.229%+$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.154% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NFLX-USDT73.5070get 0.0000% / 8h3h 54m$10K$52K20x
ShortBybit NFLXUSDT73.6200.0377get 0.0377% / 8h3h 54m$1.3M$875K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$79.25
Price spread: +0.154% → 0.000%
$15.37
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$71.63
Costs to cover
0.230%
Break-even
0.7 days
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 1 min ago. 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 HTX no order-book sample
Sell Bybit live order book, 1 min ago6.11 bp23.8 bp −$24186.1 bp −$1,861doesn't fitdoesn't fit
HTX: 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%8h73.520+0.018%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.540+0.045%$879K$815K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.010%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.140%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.561+0.073%$1K$4.6M10xas long as short
HTX NFLX-USDTlong0.0000%8h73.507long leg$10K$52K20x
Phemex NFLXUSDT0.0000%8h73.580+0.099%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.510+0.004%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.502−0.006%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.511+0.005%$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%1h73.460−0.064%$65K$139K10xas long as short
Gate NFLX_USDT+0.0062%8h73.630+0.167%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.530+0.031%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.565+0.079%$22510xas long as short
Variational Omni NFLX+0.0182%8h73.552+0.061%$94K$129Kas long as short
Binance NFLXUSDT+0.0189%8h73.570+0.085%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.890+5.963%$87K$94K12xas long as short
GRVT NFLX_USDT_Perp+0.0235%8h73.553+0.062%$673$143K10xas long as short
Phoenix NFLX+0.0239%1h73.534+0.037%$12K$77K10xas long as short
BloFin NFLX-USDT+0.0313%8h73.560+0.072%$47K$81K20xas long as short
Bybit NFLXUSDTshort+0.0377%8h73.620+0.154%$1.3M$875K50x