Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.011%

Price spread now: Injective against Aster+0.900%47s7-day average — · you sell dearer than you buy

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

Long on Aster Short on Injective

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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.900% dearer against Aster than usual: you sell high and buy low: +$90 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NFLXUSDT	73.885	0	get 0.0000% / 8h	1h 48m	$11K	$5K	20x
Short	Injective NFLX/USDC PERP	74.550	0.0220	get 0.0028% / 1h	48m 29s	$83K	$108K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.900%Rate

Funding earned: $46.2
Price spread: +0.900% → 0.000%: $89.99
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $128.17
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; Injective: live order book, 60 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 Aster no order-book sample	—	—	—	—	—
Sell Injective live order book, 60 min ago	42.94 bp	doesn't fit	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDTlong	0.0000%	8h	73.885	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.890	+0.007%	$878K	$837K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.850	−0.048%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.940	+0.074%	$4.3M	$593K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.904	+0.026%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.965	+0.108%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.900	+0.020%	$1.4M	$342K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.850	−0.048%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0047%	8h	73.960	+0.101%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.813	−0.098%	$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	73.865	−0.027%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.810	−0.102%	$66K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.870	−0.020%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.901	+0.021%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0116%	8h	73.873	−0.017%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0122%	8h	73.960	+0.101%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0177%	8h	73.898	+0.017%	$527	$140K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.859	−0.035%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERPshort	+0.0220%	1h	74.550	+0.900%	$83K	$108K	12x
BloFin NFLX-USDT	+0.0242%	8h	73.920	+0.047%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0274%	8h	73.900	+0.020%	$1.3M	$902K	50x	as long as short