Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.033%

Price spread now: Injective against Aster+5.905%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 5.905% dearer against Aster than usual: you sell high and buy low: +$590 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	Aster NFLXUSDT	73.878	0	get 0.0000% / 8h	5h 05m	$11K	$5K	20x
Short	Injective NFLX/USDC PERP	78.240	0.0220	get 0.0028% / 1h	5m 10s	$87K	$138K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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 AsterbpFee InjectivebpOrdersPrice spread, now +5.905%Rate

Funding earned: $46.2
Price spread: +5.905% → 0.000%: $590.45
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $628.63
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; Injective: live order book, 32 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 Aster no order-book sample	—	—	—	—	—
Sell Injective live order book, 32 min ago	48.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 exchanges

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 NFLXUSDTlong	0.0000%	8h	73.878	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.930	+0.071%	$883K	$755K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.820	−0.078%	$1.1M	$1.3M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.910	+0.043%	$4.2M	$620K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.946	+0.092%	$2K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.963	+0.115%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.098%	$1.4M	$343K	10x	as long as short
Gate NFLX_USDT	+0.0013%	8h	73.970	+0.125%	$1.4M	$1.1M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.830	−0.065%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.119%	$64K	$127K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USD	+0.0088%	1h	73.862	−0.021%	$12K	$19K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0091%	1h	73.861	−0.023%	$5.0M	$2.9M	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.910	+0.043%	$151K	$228K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.951	+0.099%	$226	—	10x	as long as short
Injective NFLX/USDC PERPshort	+0.0220%	1h	78.240	+5.905%	$87K	$138K	12x
Phoenix NFLX	+0.0238%	1h	73.895	+0.023%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0303%	8h	73.935	+0.078%	$76K	$119K	—	as long as short
Binance NFLXUSDT	+0.0305%	8h	73.944	+0.089%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0362%	8h	73.969	+0.123%	$1K	$113K	10x	as long as short
BloFin NFLX-USDT	+0.0456%	8h	73.970	+0.125%	$48K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0475%	8h	73.990	+0.152%	$1.3M	$707K	50x	as long as short