Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h −0.015%

Price spread now: Gate against Ondo Perps+0.177%7-day average +0.162% · you sell dearer than you buy

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

Long on Ondo Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.177%, 7d avg +0.162%

Together, before fees+0.002%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.162%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NFLX-USD.P	73.510	0.0050	pay 0.0006% / 1h	1m 12s	$65K	$139K	10x
Short	Gate NFLX_USDT	73.640	0.0024	get 0.0024% / 8h	5h 01m	$1.4M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.177%Rate

Funding earned: −$5.54
Price spread: +0.177% → +0.162%: $1.51
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$24.03
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 1 min ago. 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 Gate live order book, 1 min ago	3.39 bp	72.8 bp −$73	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.537	+0.037%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.630	+0.163%	$880K	$861K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.490	−0.027%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.136%	$4.3M	$546K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.595	+0.116%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.544	+0.046%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.600	+0.122%	$1.4M	$326K	10x	as long as short
Gate NFLX_USDTshort	+0.0024%	8h	73.640	+0.177%	$1.4M	$1.2M	25x
Vest NFLX-USD-PERP	+0.0046%	1h	73.490	−0.027%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.513	+0.005%	$16K	$29K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.520	+0.014%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.Plong	+0.0050%	1h	73.510	long leg	$65K	$139K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.530	+0.027%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.584	+0.100%	$225	—	10x	as long as short
Phoenix NFLX	+0.0185%	1h	73.569	+0.080%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0207%	8h	73.576	+0.089%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0217%	8h	73.601	+0.124%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.880	+5.945%	$87K	$87K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0306%	8h	73.582	+0.098%	$809	$143K	10x	as long as short
BloFin NFLX-USDT	+0.0361%	8h	73.610	+0.136%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0404%	8h	73.620	+0.150%	$1.3M	$881K	50x	as long as short