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+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX+0.018%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2932.927% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.018%, 7d avg −0.019%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.037% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT73.8670get 0.0000% / 8h1h 23m$1K$4.6M10x
ShortGate NFLX_USDT73.8800.0039get 0.0039% / 8h1h 23m$1.4M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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
$8.19
Price spread: +0.018% → −0.019%
$3.66
Slippage, 4 orders
−$269.73
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$280.88
Costs to cover
2.927%
Break-even
247.1 days
Slippage from SunX: live order book, 5 min ago; Gate: live order book, 4 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 SunX live order book, 5 min ago45.88 bp124.4 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago6.77 bp19.2 bp −$19doesn'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%8h73.782−0.114%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.920+0.072%$878K$830K20xas long as short
QFEX NFLX-USD0.0000%1h73.780−0.118%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.910+0.058%$4.2M$594K50xas long as short
SunX NFLX-USDTlong0.0000%8h73.867long leg$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.791−0.103%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.910+0.058%$1.4M$344K10xas long as short
Gate NFLX_USDTshort+0.0039%8h73.880+0.018%$1.4M$1.2M25x
Vest NFLX-USD-PERP+0.0046%1h73.790−0.104%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.804−0.085%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.811−0.076%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.790−0.104%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.800−0.091%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.839−0.038%$22610xas long as short
Variational Omni NFLX+0.0106%8h73.827−0.054%$94K$130Kas long as short
Binance NFLXUSDT+0.0118%8h73.870+0.004%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0184%8h73.849−0.024%$485$139K10xas long as short
Phoenix NFLX+0.0206%1h73.823−0.060%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.480+0.830%$83K$110K12xas long as short
BloFin NFLX-USDT+0.0234%8h73.840−0.037%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0287%8h73.900+0.045%$1.3M$871K50xas long as short