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+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.070%
Price spread now: GRVT against KuCoin+0.087%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2852.850% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$12 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.087%, 7d avg +0.055%
Together, before fees+0.076%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.032% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.8000.0100pay 0.0100% / 8h37m 18s$152K$38K20x
ShortGRVT NFLX_USDT_Perp73.8640.0210get 0.0210% / 8h37m 18s$341$136K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$23.1
Price spread: +0.087% → +0.055%
$3.16
Slippage, 4 orders
−$264.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$258.76
Costs to cover
2.850%
Break-even
85.4 days
Slippage from KuCoin: live order book, 63 min ago; GRVT: live order book, 65 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, 63 min ago25.03 bp101.3 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 65 min ago2.03 bp30.2 bp −$3080.3 bp −$803doesn't fitdoesn'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%8h73.958+0.215%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.860+0.081%$876K$830K20xas long as short
QFEX NFLX-USD0.0000%1h73.780−0.027%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.880+0.108%$4.2M$596K50xas long as short
SunX NFLX-USDT0.0000%8h73.871+0.096%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.853+0.072%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.890+0.122%$1.4M$345K10xas long as short
Gate NFLX_USDT+0.0029%8h73.890+0.122%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.810+0.014%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.812+0.016%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.818+0.024%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.740−0.081%$66K$141K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.800long leg$152K$38K20x
Aevo NFLX-PERP+0.0104%1h73.888+0.119%$22610xas long as short
Variational Omni NFLX+0.0119%8h73.861+0.082%$83K$120Kas long as short
Binance NFLXUSDT+0.0126%8h73.900+0.136%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perpshort+0.0210%8h73.864+0.087%$341$136K10x
Injective NFLX/USDC PERP+0.0220%1h74.510+0.962%$83K$116K12xas long as short
BloFin NFLX-USDT+0.0246%8h73.880+0.108%$47K$77K20xas long as short
Phoenix NFLX+0.0249%1h73.837+0.050%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0252%8h73.900+0.136%$1.3M$889K50xas long as short