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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0290%/8h= +31.8% APRnext payment +$2.90 per $10,000 · paid last 24h +0.043%
Price spread now: Binance against Bitget+0.022%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$580.582% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$23 on $10k
Price spread, last 7 days−0.035%−$3 · spread now +0.022%, 7d avg −0.017%
Together, before fees+0.191%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NFLXUSDT73.8600get 0.0000% / 8h5h 48m$4.2M$625K50x
ShortBinance NFLXUSDT73.8760.0290get 0.0290% / 8h5h 48m$5.4M$5.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$60.98
Price spread: +0.022% → −0.017%
$3.93
Slippage, 4 orders
−$36.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$6.73
Costs to cover
0.582%
Break-even
6.2 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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 Bitget live order book, 2 min ago9.45 bp16.5 bp −$1628.7 bp −$287109.5 bp −$10.9Kdoesn't fit
Sell Binance live order book, 12 min ago1.35 bp11.6 bp −$1231.9 bp −$319173.5 bp −$17.4Kdoesn't fit

NFLX on 21 exchanges

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%8h73.893+0.045%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.8600.000%$883K$770K20xas long as short
QFEX NFLX-USD0.0000%1h73.800−0.081%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h73.920+0.081%$1.4M$1.1M25xas long as short
Bitget NFLXUSDTlong0.0000%8h73.860long leg$4.2M$625K50x
SunX NFLX-USDT0.0000%8h73.862+0.003%$1K$4.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.963+0.139%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.910+0.068%$1.4M$344K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.830−0.041%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.804−0.076%$12K$19K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.890+0.041%$64K$127K10xas long as short
tradeXYZ xyz:NFLX+0.0055%1h73.790−0.095%$5.0M$2.9M10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.840−0.027%$151K$180K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.899+0.053%$22610xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.230+5.917%$87K$133K12xas long as short
Phoenix NFLX+0.0238%1h73.963+0.139%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0284%8h73.930+0.095%$1.3M$754K50xas long as short
Binance NFLXUSDTshort+0.0290%8h73.876+0.022%$5.4M$5.6M20x
Variational Omni NFLX+0.0296%8h74.011+0.205%$76K$122Kas long as short
BloFin NFLX-USDT+0.0415%8h73.980+0.162%$424$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0472%8h74.040+0.243%$257$115K10xas long as short