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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0170%/8h= −18.6% APRnext payment $0.21 per $10,000 · paid last 24h −0.007%
Price spread now: Ondo Perps against Injective−5.623%101s7-day average +4.816% · 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+0.163%+$16 on $10k
Price spread, last 4 days (all we have)+15.217%+$1,522 · spread now −5.623%, 7d avg +4.816%
Together, before fees+15.380%+ Points / potential airdropOndo Perps: Active · farm board+$1,538 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 10.439% cheaper against Injective than usual: you would sell low and buy high (−$1,044 if the spread goes back to its 7-day average of +4.816%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP78.4300.0220pay 0.0028% / 1h55m 35s$87K$126K12x
ShortOndo Perps NFLX-USD.P74.0200.0050get 0.0006% / 1h55m 35s$64K$138K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$35.62
Price spread: −5.623% → +4.816%
−$1,043.89
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$1,084.53
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 28 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 Injective live order book, 28 min ago48.15 bpdoesn't fitdoesn'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%8h74.193−5.402%$12K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.090−5.534%$887K$789K20xas long as short
QFEX NFLX-USD0.0000%1h74.020−5.623%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.100−5.521%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.100−5.521%$4.2M$624K50xas long as short
SunX NFLX-USDT0.0000%8h74.112−5.506%$1K$4.2M10xas long as short
HTX NFLX-USDT0.0000%8h74.154−5.452%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.110−5.508%$1.4M$345K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h74.030−5.610%$21K25xas long as short
Extended NFLX-USD+0.0048%1h74.016−5.628%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h74.023−5.619%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.Pshort+0.0050%1h74.020−5.623%$64K$138K10x
KuCoin NFLXUSDTM+0.0100%8h74.100−5.521%$152K$109K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.114−5.504%$22710xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h78.430long leg$87K$126K12x
Phoenix NFLX+0.0238%1h74.052−5.582%$12K$77K10xas long as short
Variational Omni NFLX+0.0256%8h74.101−5.520%$76K$123Kas long as short
Binance NFLXUSDT+0.0257%8h74.100−5.521%$5.4M$5.6M20xas long as short
Bybit NFLXUSDT+0.0337%8h74.140−5.470%$1.3M$830K50xas long as short
BloFin NFLX-USDT+0.0385%8h74.130−5.483%$47K$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0755%8h74.116−5.501%$257$122K10xas long as short