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+0.0315%/8h= +34.5% APRnext payment +$3.15 per $10,000 · paid last 24h +0.100%
Price spread now: GRVT against HTX+0.041%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+0.325%+$33 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and GRVT is 0.041% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NFLX-USDT73.5400get 0.0000% / 8h4h 43m$10K$53K20x
ShortGRVT NFLX_USDT_Perp73.5700.0315get 0.0315% / 8h4h 43m$799$143K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$66.15
Price spread: +0.041% → 0.000%
$4.08
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$49.23
Costs to cover
0.210%
Break-even
1.8 days
Slippage unknown: HTX: no order-book sample; GRVT: live order book, 14 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 GRVT live order book, 14 min ago2.04 bp15.1 bp −$1541.2 bp −$412doesn'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%8h73.536−0.005%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.590+0.068%$879K$835K20xas long as short
QFEX NFLX-USD0.0000%1h73.510−0.041%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.095%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.576+0.049%$2K$4.6M10xas long as short
HTX NFLX-USDTlong0.0000%8h73.540long leg$10K$53K20x
Phemex NFLXUSDT0.0000%8h73.600+0.082%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.500−0.054%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.510−0.041%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.516−0.033%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NFLX_USDT+0.0050%8h73.640+0.136%$1.4M$1.2M25xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.450−0.122%$65K$139K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.5400.000%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.586+0.062%$22510xas long as short
Variational Omni NFLX+0.0208%8h73.552+0.016%$94K$130Kas long as short
Binance NFLXUSDT+0.0213%8h73.593+0.073%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.270+0.993%$83K$89K12xas long as short
Phoenix NFLX+0.0239%1h73.541+0.001%$12K$77K10xas long as short
GRVT NFLX_USDT_Perpshort+0.0315%8h73.570+0.041%$799$143K10x
BloFin NFLX-USDT+0.0354%8h73.580+0.054%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0406%8h73.610+0.095%$1.3M$877K50xas long as short