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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h +0.106%
Price spread now: Phoenix against Injective−0.938%7-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+0.609%+$61 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Phoenix is 0.938% cheaper against Injective than usual: you would sell low and buy high (−$94 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.609%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP74.1800.0220pay 0.0028% / 1h47m 40s$83K$63K12x
ShortPhoenix NFLX73.4840.0207get 0.0026% / 1h47m 40s$12K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
−$2.77
Price spread: −0.938% → 0.000%
−$93.83
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$103.61
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Phoenix: 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 no order-book sample
Sell Phoenix no order-book sample
Injective and Phoenix: 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%8h73.446−0.990%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.530−0.876%$873K$991K20xas long as short
QFEX NFLX-USD0.0000%1h73.420−1.025%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.560−0.836%$1.3M$1.2M25xas long as short
SunX NFLX-USDT0.0000%8h73.522−0.887%$1K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.433−1.007%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.530−0.876%$1.4M$330K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.420−1.025%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.422−1.022%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.427−1.015%$5.1M$3.1M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.380−1.078%$68K$172K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.460−0.971%$152K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.513−0.899%$22510xas long as short
Bitget NFLXUSDT+0.0121%8h73.510−0.903%$4.2M$644K50xas long as short
Variational Omni NFLX+0.0178%8h73.511−0.902%$120K$106Kas long as short
Binance NFLXUSDT+0.0182%8h73.520−0.890%$5.4M$5.4M20xas long as short
Phoenix NFLXshort+0.0207%1h73.484−0.938%$12K$77K10x
Injective NFLX/USDC PERPlong+0.0220%1h74.180long leg$83K$63K12x
GRVT NFLX_USDT_Perp+0.0301%8h73.520−0.890%$502$156K10xas long as short
BloFin NFLX-USDT+0.0302%8h73.540−0.863%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0392%8h73.540−0.863%$1.3M$993K50xas long as short