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+0.0322%/8h= +35.2% APRnext payment +$3.22 per $10,000 · paid last 24h +0.130%
Price spread now: Bybit against Aster+0.133%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.133% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NFLXUSDT73.8810get 0.0000% / 8h2h 29m$11K$5K20x
ShortBybit NFLXUSDT73.9800.0322get 0.0322% / 8h2h 29m$1.3M$903K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$67.6
Price spread: +0.133% → 0.000%
$13.34
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$61.94
Costs to cover
0.190%
Break-even
0.6 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 min ago. 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 Aster no order-book sample
Sell Bybit live order book, 1 min ago4.73 bp20.6 bp −$21178.3 bp −$1,783doesn't fitdoesn't fit
Aster: 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 NFLXUSDTlong0.0000%8h73.881long leg$11K$5K20x
OKX NFLX-USDT-SWAP0.0000%8h73.970+0.120%$883K$824K20xas long as short
QFEX NFLX-USD0.0000%1h73.890+0.012%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h74.000+0.160%$4.3M$591K50xas long as short
SunX NFLX-USDT0.0000%8h73.977+0.129%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.898+0.022%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.990+0.147%$1.4M$335K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.900+0.025%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.874−0.010%$12K$33K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.885+0.005%$5.0M$3.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NFLX_USDT+0.0050%8h74.000+0.160%$1.4M$1.2M25xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.750−0.178%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.890+0.012%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.968+0.117%$22610xas long as short
Variational Omni NFLX+0.0119%8h73.974+0.125%$95K$133Kas long as short
Binance NFLXUSDT+0.0125%8h73.981+0.134%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0162%8h73.958+0.103%$452$141K10xas long as short
Phoenix NFLX+0.0206%1h73.813−0.093%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.630+1.013%$83K$103K12xas long as short
BloFin NFLX-USDT+0.0245%8h73.980+0.133%$47K$83K20xas long as short
Bybit NFLXUSDTshort+0.0322%8h73.980+0.133%$1.3M$903K50x