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−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against KuCoin−0.064%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1991.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.064%, 7d avg −0.077%
Together, before fees−0.038%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.9300.0100pay 0.0100% / 8h2h 08m$152K$38K20x
ShorttradeXYZ xyz:NFLX73.8830.0050get 0.0006% / 1h8m 51s$5.0M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$10.5
Price spread: −0.064% → −0.077%
$1.33
Slippage, 4 orders
−$169.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$208.57
Costs to cover
1.994%
Break-even
never at this rate
Slippage from KuCoin: live order book, 46 min ago; tradeXYZ: live order book, 10 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, 46 min ago26.45 bp104.4 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago1.01 bp11.0 bp −$11doesn't fitdoesn'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%8h73.926−0.006%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.980+0.068%$879K$836K20xas long as short
QFEX NFLX-USD0.0000%1h73.9300.000%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920−0.014%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h74.039+0.147%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.969+0.053%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.030+0.135%$1.4M$339K10xas long as short
Gate NFLX_USDT+0.0037%8h74.050+0.162%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.9300.000%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.891−0.053%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXshort+0.0050%1h73.883−0.064%$5.0M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.940+0.014%$66K$142K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.930long leg$152K$38K20x
Aevo NFLX-PERP+0.0104%1h74.009+0.107%$22610xas long as short
Variational Omni NFLX+0.0110%8h74.032+0.138%$95K$126Kas long as short
Binance NFLXUSDT+0.0116%8h74.020+0.122%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0152%8h74.020+0.122%$642$141K10xas long as short
Phoenix NFLX+0.0206%1h73.965+0.047%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.340+5.965%$87K$106K12xas long as short
BloFin NFLX-USDT+0.0236%8h74.040+0.149%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0286%8h73.990+0.081%$1.3M$903K50xas long as short