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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h +0.049%
Price spread now: BloFin against Phoenix+0.058%7-day average · 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−0.106%−$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.058% dearer against Phoenix than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX73.8570.0206pay 0.0026% / 1h54m 54s$12K$77K10x
ShortBloFin NFLX-USDT73.9000.0243get 0.0243% / 8h1h 54m$47K$83K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Phoenix. 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
$7.75
Price spread: +0.058% → 0.000%
$5.82
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$5.42
Costs to cover
0.190%
Break-even
11.9 days
Slippage unknown: Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell BloFin no order-book sample
Phoenix 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.815−0.057%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.890+0.045%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.820−0.050%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920+0.085%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h73.885+0.038%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.974+0.158%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.900+0.058%$1.4M$342K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.830−0.037%$21K25xas long as short
Gate NFLX_USDT+0.0047%8h73.920+0.085%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.790−0.091%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.797−0.081%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.770−0.118%$66K$144K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.840−0.023%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.858+0.001%$22610xas long as short
Variational Omni NFLX+0.0113%8h73.872+0.020%$95K$126Kas long as short
Binance NFLXUSDT+0.0123%8h73.890+0.045%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0171%8h73.930+0.099%$532$140K10xas long as short
Phoenix NFLXlong+0.0206%1h73.857long leg$12K$77K10x
Injective NFLX/USDC PERP+0.0220%1h78.200+5.880%$87K$107K12xas long as short
BloFin NFLX-USDTshort+0.0243%8h73.900+0.058%$47K$83K20x
Bybit NFLXUSDT+0.0287%8h73.900+0.058%$1.3M$903K50xas long as short