Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against Bitget+0.041%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1361.365% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.090%−$9 · spread now +0.041%, 7d avg −0.032%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.072% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NFLXUSDT	74.040	0	get 0.0000% / 8h	5h 51m	$4.2M	$625K	50x
Short	Gate NFLX_USDT	74.070	0	get 0.0000% / 8h	5h 51m	$1.4M	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.032%: $7.22
Slippage, 4 orders: −$109.48
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$129.27
Costs to cover: 1.365%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 4 min ago.

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 Bitget live order book, 5 min ago	10.80 bp	19.1 bp −$19	30.9 bp −$309	111.7 bp −$11.2K	doesn't fit
Sell Gate live order book, 4 min ago	0.68 bp	73.2 bp −$73	doesn't fit	doesn't fit	doesn't fit

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 NFLXUSDT	0.0000%	8h	73.997	−0.059%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.080	+0.054%	$886K	$772K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.960	−0.108%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDTshort	0.0000%	8h	74.070	+0.041%	$1.4M	$1.1M	25x
Bitget NFLXUSDTlong	0.0000%	8h	74.040	long leg	$4.2M	$625K	50x
SunX NFLX-USDT	0.0000%	8h	74.028	−0.016%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.941	−0.134%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.060	+0.027%	$1.4M	$342K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.940	−0.135%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.957	−0.112%	$12K	$19K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.964	−0.103%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.930	−0.149%	$64K	$127K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.010	−0.041%	$152K	$176K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.027	−0.018%	$227	—	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.710	+0.905%	$83K	$133K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	74.019	−0.028%	$12K	$77K	10x	as long as short
Bybit NFLXUSDT	+0.0256%	8h	74.100	+0.081%	$1.3M	$753K	50x	as long as short
Binance NFLXUSDT	+0.0295%	8h	74.030	−0.014%	$5.4M	$5.5M	20x	as long as short
Variational Omni NFLX	+0.0300%	8h	74.026	−0.019%	$76K	$122K	—	as long as short
BloFin NFLX-USDT	+0.0335%	8h	74.080	+0.054%	$423	$82K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0472%	8h	74.040	−0.001%	$257	$115K	10x	as long as short