Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%

Price spread now: OKX against Bitget+0.081%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$730.730% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 7 days−0.085%−$9 · spread now +0.081%, 7d avg −0.024%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.105% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NFLXUSDT	73.920	0	get 0.0000% / 8h	2h 04m	$4.3M	$592K	50x
Short	OKX NFLX-USDT-SWAP	73.980	0	get 0.0000% / 8h	2h 04m	$879K	$838K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → −0.024%: $10.48
Slippage, 4 orders: −$51.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.54
Costs to cover: 0.730%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 41 min ago.

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, 3 min ago	6.76 bp	13.9 bp −$14	23.0 bp −$230	doesn't fit	doesn't fit
Sell OKX live order book, 41 min ago	3.39 bp	22.6 bp −$23	doesn't fit	doesn't fit	doesn't fit

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	73.894	−0.035%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPshort	0.0000%	8h	73.980	+0.081%	$879K	$838K	20x
QFEX NFLX-USD	0.0000%	1h	73.850	−0.095%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDTlong	0.0000%	8h	73.920	long leg	$4.3M	$592K	50x
SunX NFLX-USDT	0.0000%	8h	73.999	+0.107%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.938	+0.024%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.980	+0.081%	$1.4M	$341K	10x	as long as short
Gate NFLX_USDT	+0.0041%	8h	73.980	+0.081%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.860	−0.081%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.825	−0.129%	$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	−0.074%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.840	−0.108%	$66K	$142K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.880	−0.054%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.964	+0.059%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0112%	8h	73.932	+0.016%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0120%	8h	73.968	+0.065%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0160%	8h	73.988	+0.092%	$636	$140K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.912	−0.011%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.310	+5.939%	$87K	$106K	12x	as long as short
BloFin NFLX-USDT	+0.0240%	8h	73.970	+0.068%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0283%	8h	73.950	+0.041%	$1.3M	$903K	50x	as long as short