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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.055%
Price spread now: Phoenix against Ondo Perps−0.023%7-day average · you buy dearer than you sell
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+0.430%+$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Phoenix is 0.023% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NFLX-USD.P73.9700.0050pay 0.0006% / 1h0m 46s$64K$127K10x
ShortPhoenix NFLX73.9530.0227get 0.0028% / 1h0m 46s$12K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$37.06
Price spread: −0.023% → 0.000%
−$2.3
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$22.76
Costs to cover
0.120%
Break-even
2.7 days
Slippage unknown: Ondo Perps: no order-book sample; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Phoenix no order-book sample
Ondo Perps and Phoenix: 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 exchanges

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%8h73.956−0.018%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.060+0.122%$886K$773K20xas long as short
QFEX NFLX-USD0.0000%1h73.900−0.095%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h73.990+0.027%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h73.910−0.081%$4.2M$625K50xas long as short
SunX NFLX-USDT0.0000%8h73.992+0.030%$1K$4.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.983+0.018%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.000+0.041%$1.4M$341K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.910−0.081%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.903−0.091%$12K$19K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.902−0.092%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.Plong+0.0050%1h73.970long leg$64K$127K10x
KuCoin NFLXUSDTM+0.0100%8h74.000+0.041%$152K$167K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.985+0.020%$22610xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.640+0.906%$83K$132K12xas long as short
Phoenix NFLXshort+0.0227%1h73.953−0.023%$12K$77K10x
Bybit NFLXUSDT+0.0262%8h74.030+0.081%$1.3M$759K50xas long as short
Binance NFLXUSDT+0.0309%8h73.984+0.019%$5.4M$5.5M20xas long as short
Variational Omni NFLX+0.0316%8h74.083+0.152%$76K$122Kas long as short
BloFin NFLX-USDT+0.0467%8h73.990+0.027%$422$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0579%8h74.020+0.068%$253$117K10xas long as short