Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.048%

Price spread now: OKX against Vest+0.123%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 OKX

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

The price spread pays, funding is against you. OKX is 0.123% dearer against Vest than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NFLX-USD-PERP	73.460	0.0046	pay 0.0006% / 1h	51m 11s	—	$21K	25x
Short	OKX NFLX-USDT-SWAP	73.550	0	get 0.0000% / 8h	7h 51m	$885K	$964K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.123%Rate

Funding earned: −$9.59
Price spread: +0.123% → 0.000%: $12.25
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: −$9.34
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; OKX: live order book, 10 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 OKX live order book, 10 min ago	1.36 bp	14.4 bp −$14	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	73.468	+0.010%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPshort	0.0000%	8h	73.550	+0.123%	$885K	$964K	20x
QFEX NFLX-USD	0.0000%	1h	73.470	+0.014%	$1.1M	$1.5M	10x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.513	+0.072%	$1K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.491	+0.042%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.510	+0.068%	$1.4M	$331K	10x	as long as short
Vest NFLX-USD-PERPlong	+0.0046%	1h	73.460	long leg	—	$21K	25x
Extended NFLX-USD	+0.0048%	1h	73.455	−0.007%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.460	0.000%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.430	−0.041%	$64K	$180K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NFLXUSDT	+0.0076%	8h	73.500	+0.054%	$4.3M	$580K	50x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.480	+0.027%	$152K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.514	+0.074%	$225	—	10x	as long as short
Gate NFLX_USDT	+0.0116%	8h	73.530	+0.095%	$1.3M	$1.2M	25x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.840	+5.962%	$87K	$69K	12x	as long as short
Variational Omni NFLX	+0.0225%	8h	73.504	+0.059%	$94K	$139K	—	as long as short
Phoenix NFLX	+0.0229%	1h	73.469	+0.012%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0230%	8h	73.510	+0.068%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0286%	8h	73.518	+0.079%	$603	$155K	10x	as long as short
BloFin NFLX-USDT	+0.0383%	8h	73.530	+0.095%	$46K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0713%	8h	73.570	+0.150%	$1.3M	$920K	50x	as long as short