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−0.0215%/8h= −23.6% APRnext payment $2.15 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against Binance−0.011%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2752.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.230%−$23 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.011%, 7d avg −0.004%
Together, before fees−0.230%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NFLXUSDT73.5730.0215pay 0.0215% / 8h5h 02m$5.4M$5.4M20x
ShortSunX NFLX-USDT73.5650get 0.0000% / 8h5h 02m$1K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
−$45.24
Price spread: −0.011% → −0.004%
−$0.73
Slippage, 4 orders
−$257.46
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$321.43
Costs to cover
2.755%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; SunX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago1.36 bp10.3 bp −$1027.4 bp −$274138.2 bp −$13.8Kdoesn't fit
Sell SunX live order book, 6 min ago45.93 bp128.1 bp −$128doesn't fitdoesn't fitdoesn't fit

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 NFLXUSDT0.0000%8h73.525−0.066%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.630+0.077%$880K$861K20xas long as short
QFEX NFLX-USD0.0000%1h73.480−0.127%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.580+0.009%$4.3M$546K50xas long as short
SunX NFLX-USDTshort0.0000%8h73.565−0.011%$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.577+0.005%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.580+0.009%$1.4M$326K10xas long as short
Gate NFLX_USDT+0.0021%8h73.630+0.077%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.480−0.127%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.493−0.109%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.499−0.101%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.500−0.100%$65K$139K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.530−0.059%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.563−0.014%$22510xas long as short
Phoenix NFLX+0.0185%1h73.569−0.006%$12K$77K10xas long as short
Variational Omni NFLX+0.0207%8h73.576+0.003%$94K$130Kas long as short
Binance NFLXUSDTlong+0.0215%8h73.573long leg$5.4M$5.4M20x
Injective NFLX/USDC PERP+0.0220%1h77.880+5.853%$87K$87K12xas long as short
GRVT NFLX_USDT_Perp+0.0306%8h73.580+0.009%$815$143K10xas long as short
BloFin NFLX-USDT+0.0359%8h73.620+0.063%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0400%8h73.600+0.036%$1.3M$881K50xas long as short