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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h +0.088%
Price spread now: Binance against Injective−5.538%67s7-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 7 days+0.356%+$36 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 5.538% cheaper against Injective than usual: you would sell low and buy high (−$554 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP77.8300.0220pay 0.0028% / 1h40m 07s$87K$64K12x
ShortBinance NFLXUSDT73.5200.0185get 0.0185% / 8h40m 07s$5.4M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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
−$7.27
Price spread: −5.538% → 0.000%
−$553.77
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
−$571.06
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 13 min ago. 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 Injective no order-book sample
Sell Binance live order book, 13 min ago0.68 bp6.9 bp −$725.2 bp −$252153.6 bp −$15.4Kdoesn't fit
Injective: 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%8h73.448−5.631%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.530−5.525%$873K$991K20xas long as short
QFEX NFLX-USD0.0000%1h73.440−5.640%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.560−5.486%$1.3M$1.2M25xas long as short
SunX NFLX-USDT0.0000%8h73.531−5.524%$2K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.567−5.477%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.520−5.538%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.430−5.653%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.432−5.651%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.435−5.647%$5.1M$3.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.420−5.666%$68K$172K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.450−5.628%$152K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.522−5.535%$22510xas long as short
Bitget NFLXUSDT+0.0115%8h73.520−5.538%$4.2M$637K50xas long as short
Variational Omni NFLX+0.0180%8h73.526−5.530%$120K$106Kas long as short
Binance NFLXUSDTshort+0.0185%8h73.520−5.538%$5.4M$5.4M20x
Phoenix NFLX+0.0207%1h73.492−5.574%$12K$77K10xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h77.830long leg$87K$64K12x
GRVT NFLX_USDT_Perp+0.0299%8h73.520−5.538%$834$157K10xas long as short
BloFin NFLX-USDT+0.0306%8h73.530−5.525%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0392%8h73.540−5.512%$1.3M$1.0M50xas long as short