Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster−0.080%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 Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.080% cheaper against Aster than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NFLXUSDT	73.779	0	get 0.0000% / 8h	1h 17m	$11K	$5K	20x
Short	Ondo Perps NFLX-USD.P	73.720	0.0050	get 0.0006% / 1h	17m 33s	$66K	$141K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.080%Rate

Funding earned: $10.58
Price spread: −0.080% → 0.000%: −$7.99
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$10.41
Costs to cover: 0.130%
Break-even: 13.9 days

Slippage unknown: Aster: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—

Aster and Ondo Perps: 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	73.779	long leg	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.820	+0.056%	$877K	$829K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.760	−0.026%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.910	+0.178%	$4.2M	$594K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.842	+0.085%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.870	+0.123%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.840	+0.083%	$1.4M	$346K	10x	as long as short
Gate NFLX_USDT	+0.0036%	8h	73.860	+0.110%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.770	−0.012%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.777	−0.002%	$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	73.784	+0.007%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.Pshort	+0.0050%	1h	73.720	−0.080%	$66K	$141K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.760	−0.026%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.830	+0.069%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0113%	8h	73.832	+0.072%	$83K	$140K	—	as long as short
Binance NFLXUSDT	+0.0124%	8h	73.830	+0.069%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0193%	8h	73.840	+0.082%	$459	$138K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.825	+0.062%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.470	+0.937%	$83K	$111K	12x	as long as short
BloFin NFLX-USDT	+0.0242%	8h	73.840	+0.083%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0298%	8h	73.820	+0.056%	$1.3M	$890K	50x	as long as short