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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.055%
Price spread now: Phoenix against Ondo Perps+0.142%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.430%+$43 on $10k
Price spread, last 7 daysno 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 +$5 a day on $10k at the current rate, and Phoenix is 0.142% 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 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NFLX-USD.P74.0200.0050pay 0.0006% / 1h16m 16s$64K$130K10x
ShortPhoenix NFLX74.1250.0227get 0.0028% / 1h16m 16s$12K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$37.06
Price spread: +0.142% → 0.000%
$14.19
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$39.24
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Phoenix no order-book sample
Ondo Perps and Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h74.096+0.102%$12K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.180+0.216%$887K$773K20xas long as short
QFEX NFLX-USD0.0000%1h74.060+0.054%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.180+0.216%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.180+0.216%$4.2M$621K50xas long as short
SunX NFLX-USDT0.0000%8h74.161+0.190%$1K$4.1M10xas long as short
HTX NFLX-USDT0.0000%8h74.099+0.107%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.160+0.189%$1.4M$345K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h74.070+0.068%$21K25xas long as short
Extended NFLX-USD+0.0048%1h74.075+0.075%$12K$19K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h74.082+0.084%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.Plong+0.0050%1h74.020long leg$64K$130K10x
KuCoin NFLXUSDTM+0.0100%8h74.130+0.149%$152K$150K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.159+0.187%$22710xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.820+1.081%$83K$130K12xas long as short
Phoenix NFLXshort+0.0227%1h74.125+0.142%$12K$77K10x
Bybit NFLXUSDT+0.0289%8h74.220+0.270%$1.3M$840K50xas long as short
Variational Omni NFLX+0.0293%8h74.150+0.175%$76K$122Kas long as short
Binance NFLXUSDT+0.0301%8h74.168+0.201%$5.4M$5.6M20xas long as short
BloFin NFLX-USDT+0.0451%8h74.180+0.216%$47K$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0604%8h74.153+0.180%$254$119K10xas long as short