Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.020%

Price spread now: SunX against Extended+0.100%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 SunX

What this pair did over the last

the charts below follow

Funding, last 6 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 · farm boardneeds both histories

The price spread pays, funding is against you. SunX is 0.100% dearer against Extended than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	74.018	0.0048	pay 0.0006% / 1h	54m 25s	$12K	$19K	10x
Short	SunX NFLX-USDT	74.092	0	get 0.0000% / 8h	6h 54m	$1K	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$10.08
Price spread: +0.100% → 0.000%: $10.03
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$13.05
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; SunX: live order book, 4 min ago. 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 SunX live order book, 4 min ago	22.45 bp	104.9 bp −$105	doesn't fit	doesn't fit	doesn't fit

Extended: 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 NFLXUSDT	0.0000%	8h	74.181	+0.220%	$12K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.090	+0.098%	$887K	$789K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	74.020	+0.003%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.100	+0.111%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	74.110	+0.125%	$4.2M	$624K	50x	as long as short
SunX NFLX-USDTshort	0.0000%	8h	74.092	+0.100%	$1K	$4.2M	10x
HTX NFLX-USDT	0.0000%	8h	74.154	+0.184%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.110	+0.125%	$1.4M	$345K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	74.030	+0.017%	—	$21K	25x	as long as short
Extended NFLX-USDlong	+0.0048%	1h	74.018	long leg	$12K	$19K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	74.025	+0.010%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	74.020	+0.003%	$64K	$138K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.100	+0.111%	$152K	$110K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.089	+0.096%	$227	—	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.430	+5.961%	$87K	$126K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	74.052	+0.046%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0256%	8h	74.101	+0.112%	$76K	$123K	—	as long as short
Binance NFLXUSDT	+0.0257%	8h	74.109	+0.124%	$5.4M	$5.6M	20x	as long as short
Bybit NFLXUSDT	+0.0352%	8h	74.140	+0.165%	$1.3M	$829K	50x	as long as short
BloFin NFLX-USDT	+0.0387%	8h	74.100	+0.111%	$47K	$82K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0755%	8h	74.116	+0.132%	$257	$122K	10x	as long as short