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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0190%/8h= −20.8% APRnext payment $0.24 per $10,000 · paid last 24h −0.051%
Price spread now: Extended against Phoenix−0.059%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.059% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX74.0170.0238pay 0.0030% / 1h37m 24s$12K$77K10x
ShortExtended NFLX-USD73.9730.0048get 0.0006% / 1h37m 24s$12K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phoenix. 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
−$39.94
Price spread: −0.059% → 0.000%
−$5.89
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$57.82
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: 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 Phoenix no order-book sample
Sell Extended no order-book sample
Phoenix and Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.984−0.044%$11K$5K20xas long as short
Bybit NFLXUSDT0.0000%8h74.080+0.085%$1.3M$878K50xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.070+0.072%$889K$807K20xas long as short
QFEX NFLX-USD0.0000%1h73.960−0.077%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.090+0.099%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.050+0.045%$4.3M$593K50xas long as short
SunX NFLX-USDT0.0000%8h74.057+0.054%$2K$4.5M10xas long as short
HTX NFLX-USDT0.0000%8h74.067+0.068%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.070+0.072%$1.4M$348K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.970−0.063%$21K25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NFLX-USDshort+0.0048%1h73.973−0.059%$12K$19K10x
tradeXYZ xyz:NFLX+0.0050%1h73.950−0.091%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.930−0.118%$64K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h74.020+0.004%$152K$71K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.035+0.025%$22710xas long as short
Variational Omni NFLX+0.0143%8h74.043+0.035%$84K$119Kas long as short
Binance NFLXUSDT+0.0153%8h74.061+0.059%$5.4M$5.7M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.750+0.990%$83K$121K12xas long as short
Phoenix NFLXlong+0.0238%1h74.017long leg$12K$77K10x
BloFin NFLX-USDT+0.0272%8h74.030+0.018%$47K$77K20xas long as short
GRVT NFLX_USDT_Perp+0.0443%8h74.060+0.058%$253$128K10xas long as short