Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.013%

Price spread now: Extended against KuCoin−0.095%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NFLXUSDTM	73.930	0.0100	pay 0.0100% / 8h	5h 05m	$151K	$226K	20x
Short	Extended NFLX-USD	73.860	0.0088	get 0.0011% / 1h	5m 25s	$12K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.095%Rate

Funding earned: −$2.52
Price spread: −0.095% → 0.000%: −$9.53
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.05
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 22 min ago; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 22 min ago	18.26 bp	108.2 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.883	−0.063%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.930	0.000%	$883K	$755K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.820	−0.149%	$1.1M	$1.3M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.910	−0.027%	$4.2M	$620K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.952	+0.030%	$2K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.963	+0.045%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.940	+0.014%	$1.4M	$344K	10x	as long as short
Gate NFLX_USDT	+0.0013%	8h	73.970	+0.054%	$1.4M	$1.1M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.830	−0.135%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.189%	$64K	$127K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USDshort	+0.0088%	1h	73.860	−0.095%	$12K	$19K	10x
tradeXYZ xyz:NFLX	+0.0091%	1h	73.867	−0.085%	$5.0M	$2.9M	10x	as long as short
KuCoin NFLXUSDTMlong	+0.0100%	8h	73.930	long leg	$151K	$226K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.952	+0.030%	$226	—	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.270	+5.870%	$87K	$138K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.895	−0.047%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0303%	8h	73.935	+0.007%	$76K	$119K	—	as long as short
Binance NFLXUSDT	+0.0305%	8h	73.950	+0.027%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0362%	8h	73.969	+0.052%	$1K	$113K	10x	as long as short
BloFin NFLX-USDT	+0.0452%	8h	73.980	+0.068%	$48K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0475%	8h	74.000	+0.095%	$1.3M	$707K	50x	as long as short