Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster−0.033%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.033% cheaper against Aster than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NFLXUSDT	73.964	0	get 0.0000% / 8h	2h 11m	$11K	$5K	20x
Short	Ondo Perps NFLX-USD.P	73.940	0.0050	get 0.0006% / 1h	11m 01s	$66K	$142K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.033%Rate

Funding earned: $10.58
Price spread: −0.033% → 0.000%: −$3.31
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$5.72
Costs to cover: 0.130%
Break-even: 10.8 days

Slippage unknown: Aster: no order-book sample; Ondo Perps: 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 Aster no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aster and Ondo Perps: 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 NFLXUSDTlong	0.0000%	8h	73.964	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.980	+0.021%	$879K	$836K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.920	−0.060%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	−0.060%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.043	+0.106%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.077	+0.152%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.020	+0.075%	$1.4M	$339K	10x	as long as short
Gate NFLX_USDT	+0.0037%	8h	74.060	+0.129%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.930	−0.047%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.914	−0.068%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.933	−0.043%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.Pshort	+0.0050%	1h	73.940	−0.033%	$66K	$142K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.950	−0.020%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.018	+0.073%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0108%	8h	73.978	+0.018%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0115%	8h	74.040	+0.102%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0151%	8h	73.980	+0.021%	$641	$141K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.949	−0.021%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.680	+0.967%	$83K	$105K	12x	as long as short
BloFin NFLX-USDT	+0.0235%	8h	74.040	+0.102%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0289%	8h	73.970	+0.007%	$1.3M	$903K	50x	as long as short