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−0.0371%/8h= −40.7% APRnext payment $3.71 per $10,000 · paid last 24h −0.130%
Price spread now: HTX against Bybit−0.111%7-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−0.229%−$23 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 −$11 a day on $10k at the current rate, and HTX is 0.111% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.71 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
LongBybit NFLXUSDT73.5900.0371pay 0.0371% / 8h4h 11m$1.3M$875K50x
ShortHTX NFLX-USDT73.5080get 0.0000% / 8h4h 11m$10K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$77.97
Price spread: −0.111% → 0.000%
−$11.14
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$112.11
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago6.11 bp19.1 bp −$19135.2 bp −$1,352doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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%8h73.518−0.098%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.550−0.054%$879K$822K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.122%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.027%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.550−0.054%$1K$4.6M10xas long as short
HTX NFLX-USDTshort0.0000%8h73.508−0.111%$10K$52K20x
Phemex NFLXUSDT0.0000%8h73.550−0.054%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.510−0.109%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.501−0.121%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.505−0.116%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.460−0.177%$65K$139K10xas long as short
Gate NFLX_USDT+0.0062%8h73.630+0.054%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.530−0.082%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.557−0.045%$22510xas long as short
Variational Omni NFLX+0.0186%8h73.552−0.051%$94K$130Kas long as short
Binance NFLXUSDT+0.0195%8h73.550−0.054%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.870+5.816%$87K$92K12xas long as short
Phoenix NFLX+0.0239%1h73.571−0.026%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0259%8h73.582−0.011%$614$143K10xas long as short
BloFin NFLX-USDT+0.0323%8h73.570−0.027%$47K$81K20xas long as short
Bybit NFLXUSDTlong+0.0371%8h73.590long leg$1.3M$875K50x