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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.022%
Price spread now: tradeXYZ against SunX−0.131%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2772.769% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.131%, 7d avg −0.149%
Together, before fees+0.117%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.149%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT73.8850get 0.0000% / 8h1h 53m$1K$4.6M10x
ShorttradeXYZ xyz:NFLX73.7880.0050get 0.0006% / 1h53m 00s$5.0M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.131% → −0.149%
$1.82
Slippage, 4 orders
−$250.89
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$264.57
Costs to cover
2.769%
Break-even
183.4 days
Slippage from SunX: live order book, 6 min ago; tradeXYZ: live order book, 4 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, 6 min ago45.19 bp124.0 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.88 bp11.6 bp −$12doesn'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%8h73.843−0.057%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.890+0.007%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.820−0.088%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920+0.047%$4.3M$592K50xas long as short
SunX NFLX-USDTlong0.0000%8h73.885long leg$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.784−0.137%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.900+0.020%$1.4M$342K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.830−0.074%$21K25xas long as short
Gate NFLX_USDT+0.0047%8h73.920+0.047%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.783−0.138%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXshort+0.0050%1h73.788−0.131%$5.0M$3.0M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.770−0.156%$66K$144K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.850−0.047%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.877−0.011%$22610xas long as short
Variational Omni NFLX+0.0113%8h73.872−0.017%$95K$126Kas long as short
Binance NFLXUSDT+0.0125%8h73.890+0.007%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0174%8h73.891+0.008%$527$140K10xas long as short
Phoenix NFLX+0.0206%1h73.859−0.035%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.200+5.840%$87K$108K12xas long as short
BloFin NFLX-USDT+0.0245%8h73.880−0.007%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0282%8h73.900+0.020%$1.3M$903K50xas long as short