Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.022%

Price spread now: HTX against tradeXYZ+0.122%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.122% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NFLX	73.853	0.0050	pay 0.0006% / 1h	30m 40s	$5.0M	$2.9M	10x
Short	HTX NFLX-USDT	73.943	0	get 0.0000% / 8h	30m 40s	$10K	$52K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee HTXbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$10.5
Price spread: +0.122% → 0.000%: $12.19
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.31
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 8 min ago; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 8 min ago	1.42 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	74.001	+0.201%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.930	+0.104%	$877K	$831K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.820	−0.045%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.900	+0.064%	$4.2M	$596K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.920	+0.091%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDTshort	0.0000%	8h	73.943	+0.122%	$10K	$52K	20x
Phemex NFLXUSDT	0.0000%	8h	73.920	+0.091%	$1.4M	$345K	10x	as long as short
Gate NFLX_USDT	+0.0026%	8h	73.920	+0.091%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.840	−0.018%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.852	−0.001%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLXlong	+0.0050%	1h	73.853	long leg	$5.0M	$2.9M	10x
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.840	−0.018%	$66K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.840	−0.018%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.921	+0.092%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0122%	8h	73.911	+0.078%	$83K	$119K	—	as long as short
Binance NFLXUSDT	+0.0131%	8h	73.926	+0.099%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0213%	8h	73.910	+0.078%	$336	$136K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.570	+0.971%	$83K	$116K	12x	as long as short
Bybit NFLXUSDT	+0.0249%	8h	73.900	+0.064%	$1.3M	$887K	50x	as long as short
Phoenix NFLX	+0.0249%	1h	73.867	+0.019%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0249%	8h	73.910	+0.077%	$47K	$77K	20x	as long as short