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+0.0058%/8h= +6.4% APRnext payment +$0.58 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX+0.050%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2862.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.050%, 7d avg −0.021%
Together, before fees−0.161%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.071% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT73.8030get 0.0000% / 8h2h 57m$2K$4.6M10x
ShortGate NFLX_USDT73.8400.0058get 0.0058% / 8h2h 57m$1.4M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$12.18
Price spread: +0.050% → −0.021%
$7.09
Slippage, 4 orders
−$263.08
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$266.81
Costs to cover
2.861%
Break-even
160.3 days
Slippage from SunX: live order book, 11 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago45.91 bp124.5 bp −$125doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago6.09 bp17.2 bp −$17doesn't fitdoesn't fitdoesn't fit

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%8h73.741−0.085%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.820+0.023%$881K$821K20xas long as short
QFEX NFLX-USD0.0000%1h73.740−0.085%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.760−0.058%$4.3M$574K50xas long as short
SunX NFLX-USDTlong0.0000%8h73.803long leg$2K$4.6M10x
HTX NFLX-USDT0.0000%8h73.764−0.053%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.750−0.072%$1.4M$328K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.750−0.072%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.712−0.123%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.729−0.100%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.730−0.099%$65K$140K10xas long as short
Gate NFLX_USDTshort+0.0058%8h73.840+0.050%$1.4M$1.2M25x
KuCoin NFLXUSDTM+0.0100%8h73.740−0.085%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.787−0.022%$22610xas long as short
Variational Omni NFLX+0.0128%8h73.777−0.035%$97K$131Kas long as short
Binance NFLXUSDT+0.0128%8h73.790−0.018%$5.4M$5.4M20xas long as short
GRVT NFLX_USDT_Perp+0.0155%8h73.776−0.036%$441$141K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.150+5.890%$87K$100K12xas long as short
BloFin NFLX-USDT+0.0248%8h73.810+0.009%$47K$83K20xas long as short
Phoenix NFLX+0.0250%1h73.744−0.080%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0328%8h73.800−0.004%$1.3M$885K50xas long as short