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+0.0124%/8h= +13.5% APRnext payment +$1.24 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against Variational Omni−0.037%101s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. BloFin is 0.037% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NFLX73.6370.0157pay 0.0157% / 8h3h 17m$96K$132K
ShortBloFin NFLX-USDT73.6100.0281get 0.0281% / 8h3h 17m$47K$82K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$25.96
Price spread: −0.037% → 0.000%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$10.28
Costs to cover
0.120%
Break-even
4.2 days
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; BloFin: 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 Variational Omni RFQ quote, 37 min ago2.89 bpdoesn't fit34.5 bp −$345doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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%8h73.586−0.070%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.640+0.004%$880K$816K20xas long as short
QFEX NFLX-USD0.0000%1h73.560−0.105%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.640+0.004%$4.3M$565K50xas long as short
SunX NFLX-USDT0.0000%8h73.641+0.005%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.549−0.120%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.650+0.018%$1.4M$325K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.570−0.091%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.569−0.093%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.577−0.082%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.570−0.091%$65K$140K10xas long as short
Gate NFLX_USDT+0.0092%8h73.680+0.058%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.610−0.037%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.641+0.005%$22510xas long as short
Variational Omni NFLXlong+0.0157%8h73.637long leg$96K$132K
Binance NFLXUSDT+0.0158%8h73.644+0.009%$5.4M$5.4M20xas long as short
GRVT NFLX_USDT_Perp+0.0193%8h73.648+0.015%$466$143K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.960+5.871%$87K$98K12xas long as short
Phoenix NFLX+0.0250%1h73.621−0.022%$12K$77K10xas long as short
BloFin NFLX-USDTshort+0.0281%8h73.610−0.037%$47K$82K20x
Bybit NFLXUSDT+0.0365%8h73.670+0.045%$1.3M$884K50xas long as short