Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Gate−0.032%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

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—needs both histories

Funding pays, the price is against you. Aevo is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NFLX_USDT	73.500	0	get 0.0000% / 8h	7h 02m	$1.4M	$1.2M	25x
Short	Aevo NFLX-PERP	73.476	0.0104	get 0.0013% / 1h	2m 57s	$225	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.032%Rate

Funding earned: $21.84
Price spread: −0.032% → 0.000%: −$3.23
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$12.39
Costs to cover: 0.310%
Break-even: 11.0 days

Slippage unknown: Gate: live order book, 4 min ago; Aevo: 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 Gate live order book, 4 min ago	5.44 bp	21.8 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	73.419	−0.111%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.470	−0.041%	$883K	$947K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.400	−0.136%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDTlong	0.0000%	8h	73.500	long leg	$1.4M	$1.2M	25x
Bitget NFLXUSDT	0.0000%	8h	73.490	−0.014%	$4.3M	$569K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.493	−0.010%	$1K	$4.9M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.412	−0.120%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.490	−0.014%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.400	−0.136%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.393	−0.146%	$16K	$29K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.393	−0.146%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.400	−0.136%	$64K	$151K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.430	−0.095%	$151K	$37K	20x	as long as short
Aevo NFLX-PERPshort	+0.0104%	1h	73.476	−0.032%	$225	—	10x
Variational Omni NFLX	+0.0217%	8h	73.501	+0.002%	$94K	$139K	—	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.130	+0.857%	$82K	$74K	12x	as long as short
Binance NFLXUSDT	+0.0223%	8h	73.492	−0.011%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0229%	1h	73.443	−0.078%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0243%	8h	73.488	−0.017%	$550	$150K	10x	as long as short
BloFin NFLX-USDT	+0.0371%	8h	73.490	−0.014%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0452%	8h	73.460	−0.054%	$1.3M	$902K	50x	as long as short