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+0.0114%/8h= +12.4% APRnext payment +$1.14 per $10,000 · paid last 24h +0.054%
Price spread now: Binance against KuCoin+0.082%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4484.482% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.376%+$38 · spread now +0.082%, 7d avg +0.072%
Together, before fees+0.396%+$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.5300.0100pay 0.0100% / 8h5h 04m$151K$37K20x
ShortBinance NFLXUSDT73.5900.0214get 0.0214% / 8h5h 04m$5.4M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$23.86
Price spread: +0.082% → +0.072%
$0.98
Slippage, 4 orders
−$426.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$423.4
Costs to cover
4.482%
Break-even
131.2 days
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago23.12 bp254.2 bp −$254doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago1.36 bp12.5 bp −$1228.3 bp −$283166.5 bp −$16.7Kdoesn't fit

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%8h73.517−0.017%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.630+0.136%$880K$861K20xas long as short
QFEX NFLX-USD0.0000%1h73.480−0.068%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.620+0.122%$4.3M$546K50xas long as short
SunX NFLX-USDT0.0000%8h73.605+0.102%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.505−0.034%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.590+0.082%$1.4M$326K10xas long as short
Gate NFLX_USDT+0.0016%8h73.640+0.150%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.480−0.068%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.519−0.015%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.496−0.046%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.500−0.041%$65K$139K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.530long leg$151K$37K20x
Aevo NFLX-PERP+0.0104%1h73.571+0.055%$22510xas long as short
Phoenix NFLX+0.0185%1h73.569+0.053%$12K$77K10xas long as short
Variational Omni NFLX+0.0207%8h73.576+0.062%$94K$130Kas long as short
Binance NFLXUSDTshort+0.0214%8h73.590+0.082%$5.4M$5.4M20x
Injective NFLX/USDC PERP+0.0220%1h77.870+5.902%$87K$86K12xas long as short
GRVT NFLX_USDT_Perp+0.0290%8h73.590+0.082%$825$143K10xas long as short
BloFin NFLX-USDT+0.0356%8h73.620+0.122%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0395%8h73.600+0.095%$1.3M$881K50xas long as short