Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.052%

Price spread now: Binance against Aevo+0.031%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.031% dearer against Aevo than usual: you sell high and buy low: +$3 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	Aevo NFLX-PERP	73.666	0.0104	pay 0.0013% / 1h	17m 39s	$225	—	10x
Short	Binance NFLXUSDT	73.689	0.0216	get 0.0216% / 8h	6h 17m	$5.5M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.031%Rate

Funding earned: $23.61
Price spread: +0.031% → 0.000%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: $0.68
Costs to cover: 0.260%
Break-even: 6.8 days

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 5 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	1.36 bp	11.7 bp −$12	29.8 bp −$298	167.8 bp −$16.8K	doesn't fit

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 20 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
QFEX NFLX-USD	0.0000%	1h	73.570	−0.131%	$1.1M	$1.4M	10x	as long as short
Aster NFLXUSDT	0.0000%	8h	73.590	−0.104%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.680	+0.019%	$881K	$868K	20x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.720	+0.073%	$1.4M	$1.2M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.600	−0.090%	$4.3M	$544K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.689	+0.031%	$1K	$4.7M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.689	+0.031%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.700	+0.046%	$1.4M	$323K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.570	−0.131%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.582	−0.114%	$16K	$29K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.589	−0.105%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.570	−0.131%	$64K	$142K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.600	−0.090%	$151K	$37K	20x	as long as short
Aevo NFLX-PERPlong	+0.0104%	1h	73.666	long leg	$225	—	10x
Phoenix NFLX	+0.0174%	1h	73.604	−0.085%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0177%	8h	73.641	−0.034%	$661	$146K	10x	as long as short
Variational Omni NFLX	+0.0206%	8h	73.696	+0.041%	$94K	$130K	—	as long as short
Binance NFLXUSDTshort	+0.0216%	8h	73.689	+0.031%	$5.5M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	74.310	+0.874%	$83K	$79K	12x	as long as short
Bybit NFLXUSDT	+0.0232%	8h	73.670	+0.005%	$1.3M	$896K	50x	as long as short