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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.046%
Price spread now: OKX against Ondo Perps+0.095%7-day average +0.164% · you sell dearer than you buy
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+0.085%+$9 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.095%, 7d avg +0.164%
Together, before fees+0.173%+ Points / potential airdropOndo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.069% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.164%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NFLX-USD.P73.7500.0050pay 0.0006% / 1h52m 25s$66K$141K10x
ShortOKX NFLX-USDT-SWAP73.8200get 0.0000% / 8h52m 25s$876K$832K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$10.58
Price spread: +0.095% → +0.164%
−$6.91
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.5
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 49 min ago. 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 Ondo Perps no order-book sample
Sell OKX live order book, 49 min ago2.03 bp22.9 bp −$23doesn't fitdoesn't fitdoesn't fit
Ondo Perps: 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%8h73.920+0.231%$11K$5K20xas long as short
OKX NFLX-USDT-SWAPshort0.0000%8h73.820+0.095%$876K$832K20x
QFEX NFLX-USD0.0000%1h73.770+0.027%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.900+0.203%$4.2M$594K50xas long as short
SunX NFLX-USDT0.0000%8h73.861+0.151%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.900+0.203%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.880+0.176%$1.4M$348K10xas long as short
Gate NFLX_USDT+0.0029%8h73.890+0.190%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.780+0.041%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.781+0.042%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.780+0.041%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.Plong+0.0050%1h73.750long leg$66K$141K10x
KuCoin NFLXUSDTM+0.0100%8h73.790+0.054%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.845+0.129%$22610xas long as short
Variational Omni NFLX+0.0117%8h73.831+0.110%$83K$140Kas long as short
Binance NFLXUSDT+0.0123%8h73.870+0.163%$5.4M$5.7M20xas long as short
GRVT NFLX_USDT_Perp+0.0199%8h73.840+0.122%$377$137K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.530+1.058%$83K$113K12xas long as short
BloFin NFLX-USDT+0.0243%8h73.890+0.190%$47K$81K20xas long as short
Phoenix NFLX+0.0249%1h73.833+0.113%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0269%8h73.870+0.163%$1.3M$890K50xas long as short