Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Aevo+0.035%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 KuCoin

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.035% dearer against Aevo than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NFLX-PERP	73.884	0.0104	pay 0.0013% / 1h	44m 39s	$226	—	10x
Short	KuCoin NFLXUSDTM	73.910	0.0100	get 0.0100% / 8h	5h 44m	$151K	$184K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$0.84
Price spread: +0.035% → 0.000%: $3.47
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$25.37
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 57 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 KuCoin live order book, 57 min ago	21.56 bp	161.5 bp −$162	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 exchanges

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	73.874	−0.014%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.900	+0.021%	$883K	$771K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.810	−0.101%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.940	+0.075%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	+0.048%	$4.2M	$625K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.938	+0.073%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.913	+0.039%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.089%	$1.4M	$346K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.810	−0.101%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.128%	$64K	$127K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USD	+0.0096%	1h	73.849	−0.048%	$12K	$19K	10x	as long as short
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.910	+0.035%	$151K	$184K	20x
Aevo NFLX-PERPlong	+0.0104%	1h	73.884	long leg	$226	—	10x
tradeXYZ xyz:NFLX	+0.0118%	1h	73.856	−0.038%	$5.0M	$2.9M	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.530	+0.874%	$83K	$133K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.873	−0.015%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0280%	8h	73.937	+0.071%	$5.4M	$5.6M	20x	as long as short
Variational Omni NFLX	+0.0282%	8h	73.906	+0.030%	$76K	$121K	—	as long as short
Bybit NFLXUSDT	+0.0289%	8h	73.950	+0.089%	$1.3M	$753K	50x	as long as short
GRVT NFLX_USDT_Perp	+0.0400%	8h	73.880	−0.006%	$256	$114K	10x	as long as short
BloFin NFLX-USDT	+0.0424%	8h	73.890	+0.008%	$48K	$82K	20x	as long as short