Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.003%

Price spread now: Extended against Bitget−0.105%7-day average — · you buy dearer than you sell

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

Long on Bitget 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 airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.105% cheaper against Bitget than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NFLXUSDT	73.940	0	get 0.0000% / 8h	1h 47m	$4.3M	$593K	50x
Short	Extended NFLX-USD	73.862	0.0048	get 0.0006% / 1h	47m 45s	$12K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.105%Rate

Funding earned: $10.08
Price spread: −0.105% → 0.000%: −$10.51
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.43
Costs to cover: 0.170%
Break-even: 19.1 days

Slippage unknown: Bitget: live order book, 5 min ago; 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 Bitget live order book, 5 min ago	6.09 bp	13.4 bp −$13	26.2 bp −$262	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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 NFLXUSDT	0.0000%	8h	73.895	−0.061%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.890	−0.068%	$878K	$837K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.850	−0.122%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDTlong	0.0000%	8h	73.940	long leg	$4.3M	$593K	50x
SunX NFLX-USDT	0.0000%	8h	73.955	+0.020%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.965	+0.034%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.960	+0.027%	$1.4M	$343K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.850	−0.122%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0047%	8h	73.980	+0.054%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USDshort	+0.0048%	1h	73.862	−0.105%	$12K	$19K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.879	−0.082%	$5.0M	$3.0M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.810	−0.176%	$66K	$144K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.880	−0.081%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.933	−0.010%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0116%	8h	73.873	−0.091%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0123%	8h	73.950	+0.014%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0177%	8h	73.898	−0.057%	$527	$140K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.859	−0.110%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.550	+0.825%	$83K	$108K	12x	as long as short
BloFin NFLX-USDT	+0.0242%	8h	73.920	−0.027%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0274%	8h	73.900	−0.054%	$1.3M	$902K	50x	as long as short