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+0.0247%/8h= +27.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.092%
Price spread now: BloFin against KuCoin+0.041%7-day average · you sell dearer than you buy
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+0.150%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.041% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.5500.0100pay 0.0100% / 8h4h 34m$151K$37K20x
ShortBloFin NFLX-USDT73.5800.0347get 0.0347% / 8h4h 34m$47K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$51.88
Price spread: +0.041% → 0.000%
$4.08
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$31.96
Costs to cover
0.240%
Break-even
2.7 days
Slippage unknown: KuCoin: live order book, 39 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 39 min ago23.12 bp254.2 bp −$254doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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%8h73.556+0.008%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.640+0.122%$880K$835K20xas long as short
QFEX NFLX-USD0.0000%1h73.540−0.014%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.082%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.607+0.077%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.551+0.001%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.620+0.095%$1.4M$325K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.540−0.014%$21K25xas long as short
Gate NFLX_USDT+0.0046%8h73.650+0.136%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.533−0.023%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.539−0.015%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.520−0.041%$65K$140K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.550long leg$151K$37K20x
Aevo NFLX-PERP+0.0104%1h73.611+0.083%$22510xas long as short
Variational Omni NFLX+0.0200%8h73.597+0.064%$94K$130Kas long as short
Binance NFLXUSDT+0.0209%8h73.606+0.075%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.930+5.955%$87K$90K12xas long as short
Phoenix NFLX+0.0239%1h73.570+0.027%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0300%8h73.600+0.068%$634$144K10xas long as short
BloFin NFLX-USDTshort+0.0347%8h73.580+0.041%$47K$81K20x
Bybit NFLXUSDT+0.0393%8h73.640+0.122%$1.3M$876K50xas long as short