Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0162%/8h= −17.7% APRpaid last 24h −0.145%

Price spread now: Injective against BloFin+5.916%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.506%−$51 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 5.916% dearer against BloFin than usual: you sell high and buy low (spread +5.916% now, against zero (this spread has no 7-day history yet)): +$592 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NFLX-USDT	73.530	0.0382	pay 0.0382% / 8h	7h 47m	$46K	$82K	20x
Short	Injective NFLX/USDC PERP	77.880	0.0220	get 0.0028% / 1h	47m 35s	$87K	$70K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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 BloFinbpFee InjectivebpOrdersPrice spread, now +5.916%Rate

Funding earned: −$33.95
Price spread: +5.916% → 0.000%: $591.6
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $545.63
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: no order-book sample; Injective: 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 BloFin no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

BloFin and Injective: 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 NFLXUSDT	0.0000%	8h	73.449	−0.110%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.550	+0.027%	$885K	$964K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.430	−0.136%	$1.1M	$1.5M	10x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.523	−0.010%	$2K	$5.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.568	+0.052%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.520	−0.014%	$1.4M	$331K	10x	as long as short
Gate NFLX_USDT	+0.0005%	8h	73.540	+0.014%	$1.3M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.450	−0.109%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.419	−0.151%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.423	−0.146%	$5.0M	$3.0M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.440	−0.122%	$64K	$178K	10x	as long as short
Bitget NFLXUSDT	+0.0070%	8h	73.500	−0.041%	$4.3M	$580K	50x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.450	−0.109%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.501	−0.039%	$225	—	10x	as long as short
Injective NFLX/USDC PERPshort	+0.0220%	1h	77.880	+5.916%	$87K	$70K	12x
Variational Omni NFLX	+0.0225%	8h	73.504	−0.036%	$94K	$139K	—	as long as short
Binance NFLXUSDT	+0.0228%	8h	73.516	−0.019%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0229%	1h	73.484	−0.063%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0286%	8h	73.518	−0.016%	$603	$155K	10x	as long as short
BloFin NFLX-USDTlong	+0.0382%	8h	73.530	long leg	$46K	$82K	20x
Bybit NFLXUSDT	+0.0589%	8h	73.530	0.000%	$1.3M	$920K	50x	as long as short