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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.029%
Price spread now: Injective against SunX+0.845%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−0.151%−$15 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 +$7 a day on $10k at the current rate, and Injective is 0.845% dearer against SunX than usual: you sell high and buy low: +$85 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 −0.151%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT73.5880get 0.0000% / 8h1h 28m$1K$5.0M10x
ShortInjective NFLX/USDC PERP74.2100.0220get 0.0028% / 1h28m 29s$83K$59K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +0.845% → 0.000%
$84.52
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$122.7
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 10 min ago; Injective: 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 SunX live order book, 10 min ago45.27 bp123.6 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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%8h73.511−0.104%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.600+0.016%$874K$997K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.120%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.600+0.016%$1.3M$1.2M25xas long as short
SunX NFLX-USDTlong0.0000%8h73.588long leg$1K$5.0M10x
HTX NFLX-USDT0.0000%8h73.518−0.095%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.580−0.011%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.490−0.133%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.487−0.138%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.492−0.130%$5.1M$3.1M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.450−0.188%$68K$169K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.490−0.133%$152K$13K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.572−0.022%$22510xas long as short
Bitget NFLXUSDT+0.0155%8h73.560−0.038%$4.2M$617K50xas long as short
Variational Omni NFLX+0.0199%8h73.546−0.057%$120K$106Kas long as short
Binance NFLXUSDT+0.0201%8h73.580−0.011%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERPshort+0.0220%1h74.210+0.845%$83K$59K12x
Phoenix NFLX+0.0272%1h73.527−0.083%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0331%8h73.570−0.024%$833$157K10xas long as short
BloFin NFLX-USDT+0.0334%8h73.540−0.065%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0352%8h73.570−0.024%$1.3M$998K50xas long as short