Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.021%

Price spread now: Extended against SunX−0.160%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Extended is 0.160% cheaper against SunX than usual: you would sell low and buy high (spread −0.160% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NFLX-USDT	73.783	0	get 0.0000% / 8h	2h 53m	$2K	$4.6M	10x
Short	Extended NFLX-USD	73.665	0.0048	get 0.0006% / 1h	53m 35s	$16K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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 SunXbpFee ExtendedbpOrdersPrice spread, now −0.160%Rate

Funding earned: $10.08
Price spread: −0.160% → 0.000%: −$15.98
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$18.9
Costs to cover: 0.130%
Break-even: 20.1 days

Slippage unknown: SunX: live order book, 5 min ago; Extended: 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 SunX live order book, 5 min ago	45.26 bp	123.7 bp −$124	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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	73.703	−0.109%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.820	+0.050%	$881K	$821K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.710	−0.099%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.760	−0.031%	$4.3M	$574K	50x	as long as short
SunX NFLX-USDTlong	0.0000%	8h	73.783	long leg	$2K	$4.6M	10x
HTX NFLX-USDT	0.0000%	8h	73.764	−0.026%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.740	−0.058%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.700	−0.112%	—	$21K	25x	as long as short
Extended NFLX-USDshort	+0.0048%	1h	73.665	−0.160%	$16K	$29K	10x
tradeXYZ xyz:NFLX	+0.0050%	1h	73.709	−0.100%	$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.P	+0.0050%	1h	73.720	−0.085%	$65K	$141K	10x	as long as short
Gate NFLX_USDT	+0.0059%	8h	73.820	+0.050%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.700	−0.112%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.744	−0.052%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0122%	8h	73.772	−0.015%	$97K	$131K	—	as long as short
Binance NFLXUSDT	+0.0123%	8h	73.782	−0.001%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0146%	8h	73.790	+0.010%	$974	$142K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.120	+5.878%	$87K	$100K	12x	as long as short
BloFin NFLX-USDT	+0.0247%	8h	73.780	−0.004%	$47K	$83K	20x	as long as short
Phoenix NFLX	+0.0250%	1h	73.744	−0.053%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0332%	8h	73.800	+0.023%	$1.3M	$885K	50x	as long as short