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−0.0285%/8h= −31.2% APRnext payment $2.85 per $10,000 · paid last 24h −0.112%
Price spread now: Bitget against Bybit−0.054%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$820.821% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.211%−$21 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.054%, 7d avg +0.026%
Together, before fees−0.146%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.080% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.9600.0285pay 0.0285% / 8h2h 06m$1.3M$903K50x
ShortBitget NFLXUSDT73.9200get 0.0000% / 8h2h 06m$4.3M$592K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$59.83
Price spread: −0.054% → +0.026%
−$7.98
Slippage, 4 orders
−$59.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$149.9
Costs to cover
0.821%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 2 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 Bybit live order book, 5 min ago6.08 bp23.7 bp −$24132.5 bp −$1,325doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.76 bp22.1 bp −$22103.6 bp −$1,036doesn'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%8h73.897−0.086%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.930−0.041%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.850−0.149%$1.1M$1.4M10xas long as short
Bitget NFLXUSDTshort0.0000%8h73.920−0.054%$4.3M$592K50x
SunX NFLX-USDT0.0000%8h73.944−0.022%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.783−0.239%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.950−0.014%$1.4M$340K10xas long as short
Gate NFLX_USDT+0.0040%8h73.980+0.027%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.860−0.135%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.841−0.160%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.850−0.149%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.840−0.162%$66K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.880−0.108%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.928−0.044%$22610xas long as short
Variational Omni NFLX+0.0110%8h74.032+0.097%$95K$126Kas long as short
Binance NFLXUSDT+0.0120%8h73.950−0.014%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0152%8h74.020+0.081%$642$141K10xas long as short
Phoenix NFLX+0.0206%1h73.965+0.007%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.310+5.882%$87K$106K12xas long as short
BloFin NFLX-USDT+0.0239%8h74.000+0.054%$47K$83K20xas long as short
Bybit NFLXUSDTlong+0.0285%8h73.960long leg$1.3M$903K50x