Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0302%/8h= +33.1% APRpaid last 24h +0.107%

Price spread now: BloFin against Ondo Perps+0.136%95s7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.325%+$32 on $10k

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

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

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.136% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NFLX-USD.P	73.500	0.0050	pay 0.0006% / 1h	5m 30s	$65K	$139K	10x
Short	BloFin NFLX-USDT	73.600	0.0353	get 0.0353% / 8h	5h 05m	$47K	$81K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Ondo Perps. 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 Ondo PerpsbpFee BloFinbpOrdersPrice spread, now +0.136%Rate

Funding earned: $63.48
Price spread: +0.136% → 0.000%: $13.61
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $60.08
Costs to cover: 0.170%
Break-even: 0.4 days

Slippage unknown: Ondo Perps: no order-book sample; BloFin: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Ondo Perps and BloFin: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.512	+0.017%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.630	+0.177%	$880K	$861K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.480	−0.027%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.620	+0.163%	$4.3M	$546K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.585	+0.116%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.505	+0.007%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.610	+0.150%	$1.4M	$326K	10x	as long as short
Gate NFLX_USDT	+0.0016%	8h	73.640	+0.190%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.480	−0.027%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.502	+0.003%	$16K	$29K	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	73.508	+0.011%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.Plong	+0.0050%	1h	73.500	long leg	$65K	$139K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.530	+0.041%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.565	+0.088%	$225	—	10x	as long as short
Phoenix NFLX	+0.0185%	1h	73.558	+0.079%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0207%	8h	73.576	+0.103%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0214%	8h	73.602	+0.139%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.880	+5.959%	$87K	$86K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0290%	8h	73.590	+0.122%	$825	$143K	10x	as long as short
BloFin NFLX-USDTshort	+0.0353%	8h	73.600	+0.136%	$47K	$81K	20x
Bybit NFLXUSDT	+0.0395%	8h	73.590	+0.122%	$1.3M	$881K	50x	as long as short