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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.043%
Price spread now: Phoenix against KuCoin−0.015%48s7-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+0.256%+$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.8900.0100pay 0.0100% / 8h1h 46m$152K$38K20x
ShortPhoenix NFLX73.8790.0206get 0.0026% / 1h46m 46s$12K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$22.21
Price spread: −0.015% → 0.000%
−$1.49
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$1.73
Costs to cover
0.190%
Break-even
6.5 days
Slippage unknown: KuCoin: live order book, 69 min ago; 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 KuCoin live order book, 69 min ago26.45 bp104.4 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
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%8h73.901+0.016%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.8900.000%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.860−0.041%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.950+0.081%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h73.955+0.088%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.965+0.102%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.960+0.095%$1.4M$343K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.860−0.041%$21K25xas long as short
Gate NFLX_USDT+0.0047%8h73.990+0.135%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.870−0.027%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.878−0.016%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.810−0.108%$66K$144K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.890long leg$152K$38K20x
Aevo NFLX-PERP+0.0104%1h73.945+0.075%$22610xas long as short
Variational Omni NFLX+0.0116%8h73.873−0.023%$95K$126Kas long as short
Binance NFLXUSDT+0.0123%8h73.960+0.095%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0177%8h73.898+0.011%$527$140K10xas long as short
Phoenix NFLXshort+0.0206%1h73.879−0.015%$12K$77K10x
Injective NFLX/USDC PERP+0.0220%1h74.600+0.961%$83K$108K12xas long as short
BloFin NFLX-USDT+0.0243%8h73.920+0.041%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0274%8h73.910+0.027%$1.3M$900K50xas long as short