Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.053%

Price spread now: Aevo against Variational Omni−0.052%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.052% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NFLX	73.952	0.0113	pay 0.0113% / 8h	1h 34m	$95K	$126K	—
Short	Aevo NFLX-PERP	73.914	0.0104	get 0.0013% / 1h	34m 10s	$226	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.052%Rate

Funding earned: −$1.91
Price spread: −0.052% → 0.000%: −$5.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$23.07
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 10 min ago; Aevo: 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 Variational Omni RFQ quote, 10 min ago	2.89 bp	doesn't fit	28.8 bp −$288	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	73.870	−0.111%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.940	−0.016%	$878K	$835K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.820	−0.179%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.930	−0.030%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.943	−0.012%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.974	+0.030%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.920	−0.043%	$1.4M	$344K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.830	−0.165%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.857	−0.128%	$12K	$19K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.843	−0.147%	$5.0M	$3.0M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NFLX_USDT	+0.0050%	8h	73.970	+0.024%	$1.4M	$1.2M	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.820	−0.179%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.870	−0.111%	$152K	$38K	20x	as long as short
Aevo NFLX-PERPshort	+0.0104%	1h	73.914	−0.052%	$226	—	10x
Variational Omni NFLXlong	+0.0113%	8h	73.952	long leg	$95K	$126K	—
Binance NFLXUSDT	+0.0120%	8h	73.910	−0.057%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0183%	8h	73.950	−0.003%	$501	$139K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.905	−0.064%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.580	+0.849%	$83K	$109K	12x	as long as short
BloFin NFLX-USDT	+0.0240%	8h	73.980	+0.038%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0287%	8h	73.900	−0.070%	$1.3M	$872K	50x	as long as short