Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Ondo Perps+0.029%7-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 HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 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

The price spread pays, funding is against you. HTX is 0.029% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.035% in total) that is about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NFLX-USD.P	73.520	0.0050	pay 0.0006% / 1h	34m 10s	$65K	$140K	10x
Short	HTX NFLX-USDT	73.541	0	get 0.0000% / 8h	4h 34m	$10K	$53K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$10.58
Price spread: +0.029% → 0.000%: $2.86
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$24.73
Costs to cover: 0.170%
Break-even: never at this rate

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

Ondo Perps and HTX: 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	73.555	+0.048%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.640	+0.163%	$880K	$835K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.540	+0.027%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.122%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.607	+0.118%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDTshort	0.0000%	8h	73.541	+0.029%	$10K	$53K	20x
Phemex NFLXUSDT	0.0000%	8h	73.620	+0.136%	$1.4M	$324K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.540	+0.027%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0046%	8h	73.660	+0.190%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.537	+0.023%	$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	73.539	+0.026%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.Plong	+0.0050%	1h	73.520	long leg	$65K	$140K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.550	+0.041%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.608	+0.120%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0200%	8h	73.597	+0.105%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0208%	8h	73.607	+0.119%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.930	+5.998%	$87K	$90K	12x	as long as short
Phoenix NFLX	+0.0239%	1h	73.570	+0.068%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0300%	8h	73.600	+0.109%	$634	$144K	10x	as long as short
BloFin NFLX-USDT	+0.0347%	8h	73.580	+0.082%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0392%	8h	73.630	+0.150%	$1.3M	$876K	50x	as long as short