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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.052%
Price spread now: Phoenix against tradeXYZ+0.044%7-day average · 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 7 days+0.315%+$31 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.044% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NFLX73.5400.0050pay 0.0006% / 1h33m 09s$4.9M$2.9M10x
ShortPhoenix NFLX73.5720.0239get 0.0030% / 1h33m 09s$12K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$39.76
Price spread: +0.044% → 0.000%
$4.35
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$19.11
Costs to cover
0.250%
Break-even
3.6 days
Slippage unknown: tradeXYZ: live order book, 5 min ago; Phoenix: 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 tradeXYZ live order book, 5 min ago1.09 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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%8h73.553+0.018%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.640+0.136%$880K$835K20xas long as short
QFEX NFLX-USD0.0000%1h73.530−0.014%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.095%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.607+0.091%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.541+0.001%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.620+0.109%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.530−0.014%$21K25xas long as short
Gate NFLX_USDT+0.0046%8h73.650+0.150%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.534−0.009%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXlong+0.0050%1h73.540long leg$4.9M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.520−0.027%$65K$140K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.550+0.014%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.605+0.088%$22510xas long as short
Variational Omni NFLX+0.0200%8h73.597+0.078%$94K$130Kas long as short
Binance NFLXUSDT+0.0208%8h73.607+0.091%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.260+0.979%$83K$90K12xas long as short
Phoenix NFLXshort+0.0239%1h73.572+0.044%$12K$77K10x
GRVT NFLX_USDT_Perp+0.0297%8h73.594+0.073%$634$144K10xas long as short
BloFin NFLX-USDT+0.0346%8h73.630+0.122%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0383%8h73.630+0.122%$1.3M$876K50xas long as short