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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.101%
Price spread now: Variational Omni against Injective−0.826%46s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Variational Omni is 0.826% cheaper against Injective than usual: you would sell low and buy high (−$83 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP74.3100.0220pay 0.0028% / 1h16m 25s$83K$79K12x
ShortVariational Omni NFLX73.6960.0206get 0.0206% / 8h6h 16m$94K$130K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$2.84
Price spread: −0.826% → 0.000%
−$82.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$85.44
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 53 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 Variational Omni RFQ quote, 53 min ago3.99 bpdoesn't fit41.5 bp −$415doesn't fitdoesn'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 20 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
QFEX NFLX-USD0.0000%1h73.560−1.009%$1.1M$1.4M10xas long as short
Aster NFLXUSDT0.0000%8h73.587−0.973%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.680−0.848%$881K$868K20xas long as short
Gate NFLX_USDT0.0000%8h73.710−0.807%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.600−0.955%$4.3M$544K50xas long as short
SunX NFLX-USDT0.0000%8h73.679−0.849%$1K$4.7M10xas long as short
HTX NFLX-USDT0.0000%8h73.689−0.836%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.700−0.821%$1.4M$323K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.560−1.009%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.573−0.992%$16K$29K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.578−0.985%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.570−0.996%$64K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.590−0.969%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.674−0.856%$22510xas long as short
Phoenix NFLX+0.0174%1h73.604−0.950%$12K$77K10xas long as short
Variational Omni NFLXshort+0.0206%8h73.696−0.826%$94K$130K
GRVT NFLX_USDT_Perp+0.0207%8h73.671−0.860%$656$146K10xas long as short
Binance NFLXUSDT+0.0218%8h73.663−0.871%$5.5M$5.4M20xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h74.310long leg$83K$79K12x
Bybit NFLXUSDT+0.0239%8h73.670−0.861%$1.3M$896K50xas long as short