Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0208%/8h= −22.8% APRnext payment $2.08 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against Binance+0.015%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.202%−$20 on $10k
Price spread, last 2 days (all we have)−0.031%−$3 · spread now +0.015%, 7d avg −0.009%
Together, before fees−0.233%−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.009%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.202% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NFLXUSDT73.5790.0208pay 0.0208% / 8h1h 44m$5.4M$5.4M20x
ShortGate NFLX_USDT73.5900get 0.0000% / 8h1h 44m$1.3M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Funding earned
−$43.75
Price spread: +0.015% → −0.009%
$2.41
Slippage, 4 orders
−$103.71
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$170.04
Costs to cover
1.287%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.36 bp13.8 bp −$1431.9 bp −$319doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago8.15 bp82.3 bp −$82doesn't fitdoesn't fitdoesn't fit

NFLX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.520−0.080%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.620+0.056%$874K$1.0M20xas long as short
QFEX NFLX-USD0.0000%1h73.490−0.121%$1.1M$1.4M10xas long as short
Gate NFLX_USDTshort0.0000%8h73.590+0.015%$1.3M$1.2M25x
SunX NFLX-USDT0.0000%8h73.597+0.025%$1K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.537−0.057%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.610+0.042%$1.4M$331K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.470−0.148%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.469−0.150%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.472−0.145%$5.1M$3.2M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.510−0.094%$68K$169K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.490−0.121%$152K$13K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.573−0.008%$22510xas long as short
Bitget NFLXUSDT+0.0177%8h73.570−0.012%$4.2M$621K50xas long as short
Variational Omni NFLX+0.0202%8h73.589+0.013%$120K$106Kas long as short
Binance NFLXUSDTlong+0.0208%8h73.579long leg$5.4M$5.4M20x
Injective NFLX/USDC PERP+0.0220%1h74.210+0.858%$83K$57K12xas long as short
Phoenix NFLX+0.0272%1h73.595+0.022%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0339%8h73.576−0.004%$838$157K10xas long as short
BloFin NFLX-USDT+0.0346%8h73.590+0.015%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0346%8h73.570−0.012%$1.3M$1.0M50xas long as short