Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0305%/8h= +33.4% APRpaid last 24h +0.084%

Price spread now: BloFin against Vest+0.122%105s7-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 BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.122% dearer against Vest than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NFLX-USD-PERP	73.540	0.0046	pay 0.0006% / 1h	49m 26s	—	$21K	25x
Short	BloFin NFLX-USDT	73.630	0.0351	get 0.0351% / 8h	1h 49m	$46K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.122%Rate

Funding earned: $64.05
Price spread: +0.122% → 0.000%: $12.24
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: $62.29
Costs to cover: 0.140%
Break-even: 0.2 days

Slippage unknown: Vest: no order-book sample; BloFin: 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 BloFin no order-book sample	—	—	—	—	—

Vest and BloFin: 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	73.560	+0.027%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.610	+0.095%	$874K	$999K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.540	0.000%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.640	+0.136%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.613	+0.099%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.477	−0.086%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.600	+0.082%	$1.4M	$331K	10x	as long as short
Vest NFLX-USD-PERPlong	+0.0046%	1h	73.540	long leg	—	$21K	25x
Extended NFLX-USD	+0.0048%	1h	73.529	−0.015%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.534	−0.008%	$5.1M	$3.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.550	+0.014%	$68K	$169K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.550	+0.014%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.624	+0.114%	$225	—	10x	as long as short
Bitget NFLXUSDT	+0.0181%	8h	73.630	+0.122%	$4.2M	$621K	50x	as long as short
Variational Omni NFLX	+0.0208%	8h	73.604	+0.087%	$120K	$106K	—	as long as short
Binance NFLXUSDT	+0.0209%	8h	73.600	+0.082%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.290	+1.020%	$83K	$56K	12x	as long as short
Phoenix NFLX	+0.0272%	1h	73.565	+0.034%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0342%	8h	73.570	+0.041%	$1.3M	$1.0M	50x	as long as short
GRVT NFLX_USDT_Perp	+0.0343%	8h	73.603	+0.086%	$656	$158K	10x	as long as short
BloFin NFLX-USDTshort	+0.0351%	8h	73.630	+0.122%	$46K	$82K	20x