Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Ondo Perps−0.029%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.029% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NFLX-USD.P	73.570	0.0050	pay 0.0006% / 1h	18m 27s	$65K	$140K	10x
Short	HTX NFLX-USDT	73.549	0	get 0.0000% / 8h	3h 18m	$10K	$52K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$10.58
Price spread: −0.029% → 0.000%: −$2.85
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$30.44
Costs to cover: 0.170%
Break-even: never at this rate

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

Ondo Perps and HTX: 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	73.588	+0.025%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.640	+0.095%	$880K	$816K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.570	0.000%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.640	+0.095%	$4.3M	$565K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.611	+0.056%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDTshort	0.0000%	8h	73.549	−0.029%	$10K	$52K	20x
Phemex NFLXUSDT	0.0000%	8h	73.620	+0.068%	$1.4M	$325K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.560	−0.014%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.562	−0.012%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.575	+0.007%	$4.9M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.Plong	+0.0050%	1h	73.570	long leg	$65K	$140K	10x
Gate NFLX_USDT	+0.0096%	8h	73.660	+0.122%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.600	+0.041%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.624	+0.073%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0157%	8h	73.637	+0.091%	$96K	$132K	—	as long as short
Binance NFLXUSDT	+0.0159%	8h	73.633	+0.086%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0193%	8h	73.648	+0.106%	$466	$143K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.960	+5.967%	$87K	$98K	12x	as long as short
Phoenix NFLX	+0.0250%	1h	73.611	+0.056%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0281%	8h	73.610	+0.054%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0366%	8h	73.670	+0.136%	$1.3M	$884K	50x	as long as short