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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.031%
Price spread now: KuCoin against OKX−0.136%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$469as in the Price arb table
costs, in and out, $10k−$4614.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.136%, 7d avg −0.054%
Together, before fees+0.176%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.082% cheaper against OKX than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.054%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.089% in total) that is about 6.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NFLX-USDT-SWAP73.6400get 0.0000% / 8h4h 33m$880K$835K20x
ShortKuCoin NFLXUSDTM73.5400.0100get 0.0100% / 8h4h 33m$151K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.136% → −0.054%
−$8.22
Slippage, 4 orders
−$438.69
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$447.91
Costs to cover
4.607%
Break-even
156.3 days
Slippage from OKX: live order book, 23 min ago; KuCoin: live order book, 41 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, 23 min ago2.04 bp23.5 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 41 min ago23.12 bp171.3 bp −$171doesn'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%8h73.549−0.124%$11K$5K20xas long as short
OKX NFLX-USDT-SWAPlong0.0000%8h73.640long leg$880K$835K20x
QFEX NFLX-USD0.0000%1h73.530−0.149%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610−0.041%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.607−0.045%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.541−0.134%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.620−0.027%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.540−0.136%$21K25xas long as short
Gate NFLX_USDT+0.0046%8h73.650+0.014%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.534−0.145%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.543−0.132%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.520−0.163%$65K$140K10xas long as short
KuCoin NFLXUSDTMshort+0.0100%8h73.540−0.136%$151K$37K20x
Aevo NFLX-PERP+0.0104%1h73.608−0.043%$22510xas long as short
Variational Omni NFLX+0.0200%8h73.597−0.058%$94K$130Kas long as short
Binance NFLXUSDT+0.0208%8h73.610−0.041%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.930+5.826%$87K$90K12xas long as short
Phoenix NFLX+0.0239%1h73.570−0.095%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0297%8h73.594−0.063%$634$144K10xas long as short
BloFin NFLX-USDT+0.0347%8h73.580−0.081%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0383%8h73.630−0.014%$1.3M$876K50xas long as short