Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: Bitget against OKX−0.041%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$780.784% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.103%−$10 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.041%, 7d avg +0.024%

Together, before fees−0.049%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.064% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NFLX-USDT-SWAP	74.020	0	get 0.0000% / 8h	7h 52m	$879K	$820K	20x
Short	Bitget NFLXUSDT	73.990	0	get 0.0000% / 8h	7h 52m	$4.3M	$594K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → +0.024%: −$6.41
Slippage, 4 orders: −$56.44
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$84.85
Costs to cover: 0.784%
Break-even: never at this rate

Slippage from OKX: live order book, 44 min ago; Bitget: live order book, 1 min ago.

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 OKX live order book, 44 min ago	3.38 bp	23.8 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	10.13 bp	17.5 bp −$17	111.9 bp −$1,119	doesn't fit	doesn't fit

NFLX on 21 venues

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	73.929	−0.123%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPlong	0.0000%	8h	74.020	long leg	$879K	$820K	20x
QFEX NFLX-USD	0.0000%	1h	73.910	−0.149%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.000	−0.027%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDTshort	0.0000%	8h	73.990	−0.041%	$4.3M	$594K	50x
SunX NFLX-USDT	0.0000%	8h	73.987	−0.045%	$881	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.985	−0.047%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.980	−0.054%	$1.4M	$351K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.920	−0.135%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.928	−0.124%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.935	−0.115%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.960	−0.081%	$64K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.950	−0.095%	$152K	$58K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.983	−0.049%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0135%	8h	73.953	−0.091%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0141%	8h	73.980	−0.054%	$5.4M	$5.7M	20x	as long as short
Bybit NFLXUSDT	+0.0216%	8h	74.020	0.000%	$1.3M	$882K	50x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.690	+0.905%	$83K	$120K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.961	−0.080%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0261%	8h	74.020	0.000%	$47K	$78K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0276%	8h	73.994	−0.035%	$257	$136K	10x	as long as short