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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.147%
Price spread now: Bybit against Injective−0.862%108s7-day average · 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+0.374%+$37 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.862% cheaper against Injective than usual: you would sell low and buy high, −$86 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP74.2500.0220pay 0.0028% / 1h25m 25s$83K$78K12x
ShortBybit NFLXUSDT73.6100.0211get 0.0211% / 8h6h 25m$1.3M$896K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Injective. 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
−$1.91
Price spread: −0.862% → 0.000%
−$86.2
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$99.13
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 5 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 Injective no order-book sample
Sell Bybit live order book, 5 min ago6.11 bp23.7 bp −$24180.3 bp −$1,803doesn't fitdoesn't fit
Injective: 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 20 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
QFEX NFLX-USD0.0000%1h73.560−0.929%$1.1M$1.5M10xas long as short
Aster NFLXUSDT0.0000%8h73.513−0.993%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.580−0.902%$879K$867K20xas long as short
Gate NFLX_USDT0.0000%8h73.650−0.808%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.600−0.875%$4.3M$544K50xas long as short
SunX NFLX-USDT0.0000%8h73.594−0.884%$2K$4.7M10xas long as short
HTX NFLX-USDT0.0000%8h73.611−0.861%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.600−0.875%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.560−0.929%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.583−0.898%$16K$29K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.587−0.893%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.530−0.970%$64K$138K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.560−0.929%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.593−0.886%$22510xas long as short
GRVT NFLX_USDT_Perp+0.0165%8h73.609−0.863%$666$148K10xas long as short
Phoenix NFLX+0.0174%1h73.546−0.948%$12K$77K10xas long as short
Variational Omni NFLX+0.0205%8h73.583−0.899%$94K$130Kas long as short
Bybit NFLXUSDTshort+0.0211%8h73.610−0.862%$1.3M$896K50x
Binance NFLXUSDT+0.0212%8h73.608−0.864%$5.5M$5.4M20xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h74.250long leg$83K$78K12x