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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against OKX+0.041%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1201.204% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 7 days−0.047%−$5 · spread now +0.041%, 7d avg −0.007%
Together, before fees−0.161%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NFLX-USDT-SWAP73.9800get 0.0000% / 8h4h 44m$907K$818K20x
ShortGate NFLX_USDT74.0100.0025get 0.0025% / 8h4h 44m$1.4M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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
$5.25
Price spread: +0.041% → −0.007%
$4.71
Slippage, 4 orders
−$95.45
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$110.49
Costs to cover
1.204%
Break-even
154.3 days
Slippage from OKX: live order book, 60 min ago; Gate: live order book, 1 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 OKX live order book, 60 min ago3.38 bp14.1 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago6.76 bp68.6 bp −$69doesn't fitdoesn't fitdoesn't fit

NFLX on 21 exchanges

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%8h74.051+0.095%$11K$5K20xas long as short
OKX NFLX-USDT-SWAPlong0.0000%8h73.980long leg$907K$818K20x
QFEX NFLX-USD0.0000%1h73.840−0.189%$1.1M$1.3M10xas long as short
Bitget NFLXUSDT0.0000%8h73.9800.000%$4.2M$619K50xas long as short
SunX NFLX-USDT0.0000%8h74.005+0.034%$2K$3.8M10xas long as short
HTX NFLX-USDT0.0000%8h73.910−0.095%$10K$46K20xas long as short
Phemex NFLXUSDT0.0000%8h74.000+0.027%$1.4M$336K10xas long as short
Gate NFLX_USDTshort+0.0025%8h74.010+0.041%$1.4M$1.1M25x
Vest NFLX-USD-PERP+0.0046%1h73.870−0.149%$21K25xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.880−0.135%$64K$127K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0063%1h73.889−0.123%$5.0M$2.8M10xas long as short
Extended NFLX-USD+0.0064%1h73.886−0.126%$12K$19K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.930−0.068%$151K$251K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.001+0.028%$22610xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.620+0.865%$83K$140K12xas long as short
Phoenix NFLX+0.0303%1h73.936−0.059%$12K$77K10xas long as short
Variational Omni NFLX+0.0312%8h73.961−0.025%$76K$119Kas long as short
Binance NFLXUSDT+0.0313%8h74.010+0.041%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0372%8h73.956−0.032%$360$113K10xas long as short
BloFin NFLX-USDT+0.0467%8h73.960−0.027%$48K$82K20xas long as short
Bybit NFLXUSDT+0.0500%8h74.030+0.068%$1.2M$709K50xas long as short