Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h −0.031%

Price spread now: Gate against Aevo+0.065%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Gate is 0.065% dearer against Aevo than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NFLX-PERP	73.872	0.0104	pay 0.0013% / 1h	54m 18s	$226	—	10x
Short	Gate NFLX_USDT	73.920	0.0047	get 0.0047% / 8h	1h 54m	$1.4M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aevo. 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 AevobpFee GatebpOrdersPrice spread, now +0.065%Rate

Funding earned: −$11.97
Price spread: +0.065% → 0.000%: $6.48
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.49
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 3 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	4.06 bp	68.5 bp −$68	doesn't fit	doesn't fit	doesn't fit

Aevo: 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	73.825	−0.064%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.890	+0.024%	$878K	$837K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.820	−0.071%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	+0.065%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.885	+0.017%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.974	+0.138%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.900	+0.038%	$1.4M	$342K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.830	−0.057%	—	$21K	25x	as long as short
Gate NFLX_USDTshort	+0.0047%	8h	73.920	+0.065%	$1.4M	$1.2M	25x
Extended NFLX-USD	+0.0048%	1h	73.767	−0.142%	$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:NFLX	+0.0050%	1h	73.800	−0.098%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.770	−0.138%	$66K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.850	−0.030%	$152K	$38K	20x	as long as short
Aevo NFLX-PERPlong	+0.0104%	1h	73.872	long leg	$226	—	10x
Variational Omni NFLX	+0.0113%	8h	73.872	0.000%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0124%	8h	73.887	+0.020%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0171%	8h	73.930	+0.078%	$532	$140K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.857	−0.020%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.200	+5.859%	$87K	$107K	12x	as long as short
BloFin NFLX-USDT	+0.0243%	8h	73.900	+0.038%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0282%	8h	73.900	+0.038%	$1.3M	$903K	50x	as long as short