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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0247%/8h= −27.1% APRnext payment $2.47 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against BloFin−0.041%80s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NFLX-USDT73.5800.0347pay 0.0347% / 8h4h 33m$47K$81K20x
ShortKuCoin NFLXUSDTM73.5500.0100get 0.0100% / 8h4h 33m$151K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$51.88
Price spread: −0.041% → 0.000%
−$4.08
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.96
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 40 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell KuCoin live order book, 40 min ago23.12 bp171.3 bp −$171doesn't fitdoesn't fitdoesn't fit
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.553−0.036%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.640+0.082%$880K$835K20xas long as short
QFEX NFLX-USD0.0000%1h73.540−0.054%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.041%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.607+0.037%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.541−0.053%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.620+0.054%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.540−0.054%$21K25xas long as short
Gate NFLX_USDT+0.0046%8h73.650+0.095%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.533−0.064%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.539−0.056%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.520−0.082%$65K$140K10xas long as short
KuCoin NFLXUSDTMshort+0.0100%8h73.550−0.041%$151K$37K20x
Aevo NFLX-PERP+0.0104%1h73.608+0.038%$22510xas long as short
Variational Omni NFLX+0.0200%8h73.597+0.023%$94K$130Kas long as short
Binance NFLXUSDT+0.0208%8h73.604+0.032%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.930+5.912%$87K$90K12xas long as short
Phoenix NFLX+0.0239%1h73.570−0.014%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0300%8h73.600+0.027%$634$144K10xas long as short
BloFin NFLX-USDTlong+0.0347%8h73.580long leg$47K$81K20x
Bybit NFLXUSDT+0.0392%8h73.620+0.054%$1.3M$876K50xas long as short