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−0.0046%/8h= −5.0% APRnext payment $0.46 per $10,000 · paid last 24h +0.061%
Price spread now: OKX against Gate+0.014%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.014%, 7d avg +0.010%
Together, before fees+0.112%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NFLX_USDT73.6300.0046pay 0.0046% / 8h4h 35m$1.4M$1.2M25x
ShortOKX NFLX-USDT-SWAP73.6400get 0.0000% / 8h4h 35m$880K$835K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$9.66
Price spread: +0.014% → +0.010%
$0.37
Slippage, 4 orders
−$104.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$138.89
Costs to cover
1.296%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago4.07 bp16.1 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 21 min ago2.04 bp11.8 bp −$12doesn't fitdoesn't fitdoesn't fit

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%8h73.558−0.098%$11K$5K20xas long as short
OKX NFLX-USDT-SWAPshort0.0000%8h73.640+0.014%$880K$835K20x
QFEX NFLX-USD0.0000%1h73.540−0.122%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610−0.027%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.607−0.031%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.551−0.107%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.600−0.041%$1.4M$325K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.540−0.122%$21K25xas long as short
Gate NFLX_USDTlong+0.0046%8h73.630long leg$1.4M$1.2M25x
Extended NFLX-USD+0.0048%1h73.537−0.127%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.539−0.124%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.520−0.149%$65K$140K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.550−0.109%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.606−0.033%$22510xas long as short
Variational Omni NFLX+0.0200%8h73.597−0.045%$94K$130Kas long as short
Binance NFLXUSDT+0.0209%8h73.610−0.027%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.920+5.826%$87K$90K12xas long as short
Phoenix NFLX+0.0239%1h73.570−0.081%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0300%8h73.600−0.041%$634$144K10xas long as short
BloFin NFLX-USDT+0.0349%8h73.560−0.095%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0393%8h73.640+0.014%$1.3M$876K50xas long as short