Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0374%/8h= +40.9% APRpaid last 24h +0.086%

Price spread now: BloFin against Ondo Perps+0.136%95s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.347%+$35 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.136% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NFLX-USD.P	73.790	0.0050	pay 0.0006% / 1h	43m 22s	$64K	$127K	10x
Short	BloFin NFLX-USDT	73.890	0.0424	get 0.0424% / 8h	5h 43m	$48K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Ondo Perps. 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee BloFinbpOrdersPrice spread, now +0.136%Rate

Funding earned: $78.52
Price spread: +0.136% → 0.000%: $13.55
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $75.07
Costs to cover: 0.170%
Break-even: 0.3 days

Slippage unknown: Ondo Perps: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Ondo Perps and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.844	+0.073%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.900	+0.149%	$883K	$771K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.810	+0.027%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.920	+0.176%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.930	+0.190%	$4.2M	$625K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.923	+0.180%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.949	+0.215%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.217%	$1.4M	$346K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.820	+0.041%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.Plong	+0.0050%	1h	73.790	long leg	$64K	$127K	10x

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NFLXUSDTM	+0.0100%	8h	73.900	+0.149%	$152K	$185K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.872	+0.111%	$226	—	10x	as long as short
tradeXYZ xyz:NFLX	+0.0115%	1h	73.840	+0.068%	$5.0M	$2.9M	10x	as long as short
Extended NFLX-USD	+0.0120%	1h	73.834	+0.059%	$12K	$19K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.530	+1.003%	$83K	$134K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.873	+0.112%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0277%	8h	73.890	+0.135%	$5.4M	$5.6M	20x	as long as short
Variational Omni NFLX	+0.0282%	8h	73.906	+0.157%	$76K	$121K	—	as long as short
Bybit NFLXUSDT	+0.0299%	8h	73.950	+0.217%	$1.3M	$724K	50x	as long as short
GRVT NFLX_USDT_Perp	+0.0400%	8h	73.880	+0.122%	$256	$114K	10x	as long as short
BloFin NFLX-USDTshort	+0.0424%	8h	73.890	+0.136%	$48K	$82K	20x