Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.048%

Price spread now: Vest against Binance−0.081%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.081% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NFLXUSDT	74.030	0.0153	pay 0.0153% / 8h	7h 36m	$5.4M	$5.7M	20x
Short	Vest NFLX-USD-PERP	73.970	0.0046	get 0.0006% / 1h	36m 11s	—	$21K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BinancebpFee VestbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$22.58
Price spread: −0.081% → 0.000%: −$8.1
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$42.69
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 2 min ago; Vest: 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 Binance live order book, 2 min ago	1.35 bp	10.2 bp −$10	30.5 bp −$305	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 NFLXUSDT	0.0000%	8h	73.986	−0.059%	$11K	$5K	20x	as long as short
Bybit NFLXUSDT	0.0000%	8h	74.070	+0.054%	$1.3M	$878K	50x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.070	+0.054%	$889K	$807K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.960	−0.095%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	74.060	+0.041%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	74.050	+0.027%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.032	+0.003%	$2K	$4.5M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.963	−0.091%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.050	+0.027%	$1.4M	$346K	10x	as long as short
Vest NFLX-USD-PERPshort	+0.0046%	1h	73.970	−0.081%	—	$21K	25x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USD	+0.0048%	1h	73.976	−0.073%	$12K	$19K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.994	−0.049%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.930	−0.135%	$64K	$141K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.020	−0.014%	$152K	$71K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.043	+0.017%	$227	—	10x	as long as short
Variational Omni NFLX	+0.0143%	8h	74.043	+0.017%	$84K	$119K	—	as long as short
Binance NFLXUSDTlong	+0.0153%	8h	74.030	long leg	$5.4M	$5.7M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	78.430	+5.944%	$87K	$122K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	74.017	−0.018%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0273%	8h	74.030	0.000%	$47K	$77K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0443%	8h	74.060	+0.041%	$253	$128K	10x	as long as short