Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.022%

Price spread now: Aster against Extended+0.036%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.036% dearer against Extended than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	73.524	0.0048	pay 0.0006% / 1h	40m 13s	$16K	$29K	10x
Short	Aster NFLXUSDT	73.550	0	get 0.0000% / 8h	4h 40m	$11K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$10.08
Price spread: +0.036% → 0.000%: $3.6
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.48
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Aster: 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 Extended no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Extended and Aster: 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 NFLXUSDTshort	0.0000%	8h	73.550	+0.036%	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.600	+0.104%	$879K	$834K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.550	+0.036%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.117%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.597	+0.100%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.487	−0.050%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.600	+0.104%	$1.4M	$325K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.540	+0.022%	—	$21K	25x	as long as short
Extended NFLX-USDlong	+0.0048%	1h	73.524	long leg	$16K	$29K	10x
tradeXYZ xyz:NFLX	+0.0050%	1h	73.522	−0.002%	$4.9M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NFLX_USDT	+0.0050%	8h	73.640	+0.158%	$1.4M	$1.2M	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.450	−0.100%	$65K	$139K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.540	+0.022%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.592	+0.092%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0203%	8h	73.576	+0.072%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0211%	8h	73.597	+0.100%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.920	+5.979%	$87K	$89K	12x	as long as short
Phoenix NFLX	+0.0239%	1h	73.541	+0.024%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0315%	8h	73.570	+0.063%	$799	$143K	10x	as long as short
BloFin NFLX-USDT	+0.0351%	8h	73.550	+0.036%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0400%	8h	73.610	+0.117%	$1.3M	$877K	50x	as long as short