Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.020%

Price spread now: Extended against Aster−0.024%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.024% cheaper against Aster than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 40 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NFLXUSDT	73.994	0	get 0.0000% / 8h	7h 41m	$11K	$5K	20x
Short	Extended NFLX-USD	73.976	0.0048	get 0.0006% / 1h	41m 52s	$12K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee AsterbpFee ExtendedbpOrdersPrice spread, now −0.024%Rate

Funding earned: $10.08
Price spread: −0.024% → 0.000%: −$2.42
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.34
Costs to cover: 0.130%
Break-even: 10.7 days

Slippage unknown: Aster: no order-book sample; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Aster and Extended: 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 NFLXUSDTlong	0.0000%	8h	73.994	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	74.070	+0.103%	$889K	$812K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.960	−0.046%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.080	+0.117%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	74.040	+0.063%	$4.3M	$593K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.032	+0.052%	$1K	$4.5M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	74.023	+0.040%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.060	+0.090%	$1.4M	$350K	10x	as long as short
Bybit NFLXUSDT	+0.0018%	8h	74.050	+0.076%	$1.3M	$879K	50x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.980	−0.018%	—	$21K	25x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USDshort	+0.0048%	1h	73.976	−0.024%	$12K	$19K	10x
tradeXYZ xyz:NFLX	+0.0050%	1h	73.979	−0.020%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.980	−0.018%	$64K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.030	+0.049%	$152K	$67K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.018	+0.033%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0144%	8h	74.123	+0.174%	$84K	$119K	—	as long as short
Binance NFLXUSDT	+0.0153%	8h	74.030	+0.049%	$5.4M	$5.7M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.790	+1.076%	$83K	$121K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	74.102	+0.146%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0273%	8h	74.070	+0.103%	$47K	$78K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0638%	8h	74.111	+0.158%	$257	$129K	10x	as long as short