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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h −0.117%
Price spread now: Vest against Bybit−0.177%47s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Vest is 0.177% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.6300.0370pay 0.0370% / 8h3h 39m$1.3M$875K50x
ShortVest NFLX-USD-PERP73.5000.0046get 0.0006% / 1h39m 48s$21K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$68.1
Price spread: −0.177% → 0.000%
−$17.66
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
−$98.76
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Vest: 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, 1 min ago5.43 bp18.6 bp −$19131.0 bp −$1,310doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%8h73.529−0.137%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.580−0.068%$879K$816K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.177%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.600−0.041%$4.3M$560K50xas long as short
SunX NFLX-USDT0.0000%8h73.554−0.103%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.592−0.052%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.570−0.081%$1.4M$324K10xas long as short
Vest NFLX-USD-PERPshort+0.0046%1h73.500−0.177%$21K25x
Extended NFLX-USD+0.0048%1h73.490−0.190%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.501−0.175%$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%1h73.490−0.190%$65K$139K10xas long as short
Gate NFLX_USDT+0.0059%8h73.620−0.014%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.530−0.136%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.561−0.094%$22510xas long as short
Variational Omni NFLX+0.0169%8h73.542−0.119%$94K$129Kas long as short
Binance NFLXUSDT+0.0175%8h73.570−0.081%$5.4M$5.4M20xas long as short
GRVT NFLX_USDT_Perp+0.0216%8h73.572−0.079%$529$143K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.910+5.813%$87K$95K12xas long as short
Phoenix NFLX+0.0250%1h73.537−0.126%$12K$77K10xas long as short
BloFin NFLX-USDT+0.0297%8h73.570−0.081%$47K$82K20xas long as short
Bybit NFLXUSDTlong+0.0370%8h73.630long leg$1.3M$875K50x