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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex+0.018%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3523.517% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.018%, 7d avg +0.001%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NFLXUSDT73.6400get 0.0000% / 8h6h 13m$1.4M$323K10x
ShortSunX NFLX-USDT73.6530get 0.0000% / 8h6h 13m$2K$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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
$0
Price spread: +0.018% → +0.001%
$1.65
Slippage, 4 orders
−$331.67
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$350.02
Costs to cover
3.517%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 5 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 Phemex live order book, 4 min ago2.71 bp37.0 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago45.87 bp128.0 bp −$128doesn't fitdoesn't fitdoesn't fit

NFLX on 20 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
QFEX NFLX-USD0.0000%1h73.570−0.095%$1.1M$1.4M10xas long as short
Aster NFLXUSDT0.0000%8h73.586−0.073%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.670+0.041%$881K$868K20xas long as short
Gate NFLX_USDT0.0000%8h73.680+0.054%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.600−0.054%$4.3M$544K50xas long as short
SunX NFLX-USDTshort0.0000%8h73.653+0.018%$2K$4.7M10x
HTX NFLX-USDT0.0000%8h73.568−0.098%$10K$52K20xas long as short
Phemex NFLXUSDTlong0.0000%8h73.640long leg$1.4M$323K10x
Vest NFLX-USD-PERP+0.0046%1h73.560−0.109%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.568−0.098%$16K$29K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.574−0.090%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.540−0.136%$64K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.600−0.054%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.646+0.009%$22510xas long as short
Phoenix NFLX+0.0174%1h73.629−0.015%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0207%8h73.671+0.042%$656$146K10xas long as short
Variational Omni NFLX+0.0212%8h73.651+0.015%$94K$130Kas long as short
Binance NFLXUSDT+0.0218%8h73.650+0.014%$5.5M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.300+0.896%$83K$79K12xas long as short
Bybit NFLXUSDT+0.0252%8h73.680+0.054%$1.3M$897K50xas long as short