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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.022%
Price spread now: tradeXYZ against QFEX+0.034%7-day average +0.092% · 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 4 days (all we have)+0.074%+$7 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.034%, 7d avg +0.092%
Together, before fees+0.068%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.059% cheaper against QFEX than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.092%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NFLX-USD73.8000get 0.0000% / 1h24m 00s$1.1M$1.4M10x
ShorttradeXYZ xyz:NFLX73.8250.0050get 0.0006% / 1h24m 00s$5.0M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against QFEX. 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
$10.5
Price spread: +0.034% → +0.092%
−$5.86
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$23.36
Costs to cover
0.280%
Break-even
22.6 days
Slippage unknown: QFEX: live order book, 7 min ago; tradeXYZ: live order book, 4 min ago. 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 QFEX live order book, 7 min ago1.35 bp10.8 bp −$1121.9 bp −$219doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago1.36 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit

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%8h73.789−0.015%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.920+0.163%$878K$830K20xas long as short
QFEX NFLX-USDlong0.0000%1h73.800long leg$1.1M$1.4M10x
Bitget NFLXUSDT0.0000%8h73.910+0.149%$4.2M$594K50xas long as short
SunX NFLX-USDT0.0000%8h73.902+0.138%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.791−0.012%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.910+0.149%$1.4M$344K10xas long as short
Gate NFLX_USDT+0.0040%8h73.900+0.136%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.810+0.014%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.819+0.026%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXshort+0.0050%1h73.825+0.034%$5.0M$3.0M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.790−0.014%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.810+0.014%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.845+0.061%$22610xas long as short
Variational Omni NFLX+0.0106%8h73.827+0.037%$94K$130Kas long as short
Binance NFLXUSDT+0.0114%8h73.890+0.122%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0184%8h73.849+0.067%$485$139K10xas long as short
Phoenix NFLX+0.0206%1h73.823+0.031%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.180+5.935%$87K$110K12xas long as short
BloFin NFLX-USDT+0.0234%8h73.840+0.054%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0285%8h73.900+0.136%$1.3M$871K50xas long as short