Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Aster against Vest+0.157%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Aster

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 airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.157% dearer against Vest than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NFLX-USD-PERP	73.790	0.0046	pay 0.0006% / 1h	38m 29s	—	$21K	25x
Short	Aster NFLXUSDT	73.906	0	get 0.0000% / 8h	38m 29s	$11K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now +0.157%Rate

Funding earned: −$9.59
Price spread: +0.157% → 0.000%: $15.67
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: −$3.93
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Aster: 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 Vest no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Vest and Aster: 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 NFLXUSDTshort	0.0000%	8h	73.906	+0.157%	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.860	+0.095%	$876K	$831K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.780	−0.014%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.880	+0.122%	$4.2M	$596K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.871	+0.110%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.884	+0.127%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.870	+0.108%	$1.4M	$345K	10x	as long as short
Gate NFLX_USDT	+0.0029%	8h	73.890	+0.136%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERPlong	+0.0046%	1h	73.790	long leg	—	$21K	25x
Extended NFLX-USD	+0.0048%	1h	73.790	−0.001%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.797	+0.009%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.740	−0.068%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.800	+0.014%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.865	+0.101%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0119%	8h	73.861	+0.096%	$83K	$120K	—	as long as short
Binance NFLXUSDT	+0.0126%	8h	73.870	+0.108%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0209%	8h	73.890	+0.136%	$372	$137K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.200	+5.976%	$87K	$115K	12x	as long as short
BloFin NFLX-USDT	+0.0246%	8h	73.900	+0.149%	$47K	$81K	20x	as long as short
Phoenix NFLX	+0.0249%	1h	73.816	+0.035%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0254%	8h	73.880	+0.122%	$1.3M	$889K	50x	as long as short