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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.010%
Price spread now: KuCoin against tradeXYZ+0.004%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now +0.004%, 7d avg +0.075%
Together, before fees+0.229%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.071% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.075%). If the spread goes back, that is −$7 on $10k: about 4.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NFLX74.1070.0050pay 0.0006% / 1h19m 45s$5.0M$2.9M10x
ShortKuCoin NFLXUSDTM74.1100.0100get 0.0100% / 8h7h 19m$152K$82K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against tradeXYZ. 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: +0.004% → +0.075%
−$7.13
Slippage, 4 orders
−$128.29
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$154.92
Costs to cover
1.583%
Break-even
110.3 days
Slippage from tradeXYZ: live order book, 9 min ago; KuCoin: live order book, 1 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 tradeXYZ live order book, 9 min ago1.01 bp12.5 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago20.91 bp57.0 bp −$57doesn'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%8h74.067−0.055%$11K$5K20xas long as short
Bybit NFLXUSDT0.0000%8h74.220+0.152%$1.3M$823K50xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.200+0.125%$889K$793K20xas long as short
QFEX NFLX-USD0.0000%1h74.090−0.023%$1.1M$1.3M10xas long as short
Gate NFLX_USDT0.0000%8h74.200+0.125%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.180+0.099%$4.2M$620K50xas long as short
SunX NFLX-USDT0.0000%8h74.188+0.109%$1K$4.2M10xas long as short
HTX NFLX-USDT0.0000%8h74.221+0.154%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.180+0.099%$1.4M$342K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h74.090−0.023%$21K25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NFLX-USD+0.0048%1h74.080−0.036%$12K$19K10xas long as short
tradeXYZ xyz:NFLXlong+0.0050%1h74.107long leg$5.0M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h74.060−0.063%$64K$141K10xas long as short
KuCoin NFLXUSDTMshort+0.0100%8h74.110+0.004%$152K$82K20x
Aevo NFLX-PERP+0.0104%1h74.166+0.080%$22710xas long as short
Variational Omni NFLX+0.0195%8h74.184+0.104%$84K$118Kas long as short
Binance NFLXUSDT+0.0210%8h74.220+0.152%$5.4M$5.5M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.800+0.935%$83K$123K12xas long as short
Phoenix NFLX+0.0238%1h74.110+0.004%$12K$77K10xas long as short
BloFin NFLX-USDT+0.0313%8h74.200+0.125%$47K$78K20xas long as short
GRVT NFLX_USDT_Perp+0.0713%8h74.151+0.060%$257$125K10xas long as short