Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: KuCoin against Vest+0.041%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 KuCoin

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 +$2 a day on $10k at the current rate, and KuCoin is 0.041% dearer against Vest than usual: you sell high and buy low: +$4 more if the spread 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	Vest NFLX-USD-PERP	73.570	0.0046	pay 0.0006% / 1h	16m 49s	—	$21K	25x
Short	KuCoin NFLXUSDTM	73.600	0.0100	get 0.0100% / 8h	3h 16m	$151K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.041%Rate

Funding earned: $11.41
Price spread: +0.041% → 0.000%: $4.08
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $1.48
Costs to cover: 0.140%
Break-even: 6.1 days

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 47 min ago. 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 KuCoin live order book, 47 min ago	19.72 bp	81.8 bp −$82	doesn't fit	doesn't fit	doesn't fit

Vest: 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	73.582	+0.017%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.600	+0.041%	$880K	$815K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.560	−0.014%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.640	+0.095%	$4.3M	$565K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.641	+0.097%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.551	−0.026%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.640	+0.095%	$1.4M	$325K	10x	as long as short
Vest NFLX-USD-PERPlong	+0.0046%	1h	73.570	long leg	—	$21K	25x
Extended NFLX-USD	+0.0048%	1h	73.562	−0.010%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.571	+0.001%	$4.9M	$2.9M	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	73.570	0.000%	$65K	$140K	10x	as long as short
Gate NFLX_USDT	+0.0092%	8h	73.670	+0.136%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.600	+0.041%	$151K	$37K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.637	+0.091%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0157%	8h	73.637	+0.091%	$96K	$132K	—	as long as short
Binance NFLXUSDT	+0.0158%	8h	73.640	+0.095%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0193%	8h	73.648	+0.106%	$466	$143K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.970	+5.981%	$87K	$98K	12x	as long as short
Phoenix NFLX	+0.0250%	1h	73.621	+0.069%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0278%	8h	73.640	+0.095%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0365%	8h	73.670	+0.136%	$1.3M	$884K	50x	as long as short