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−0.0365%/8h= −40.0% APRnext payment $3.65 per $10,000 · paid last 24h −0.061%
Price spread now: OKX against BloFin+0.163%853s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.239%−$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. OKX is 0.163% dearer against BloFin than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.239% in total) that is about 4.8 days. The two prices were read 853 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.239% in total (about -12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NFLX-USDT73.5200.0365pay 0.0365% / 8h6h 34m$47K$82K20x
ShortOKX NFLX-USDT-SWAP73.6400get 0.0000% / 8h6h 34m$882K$870K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
−$76.7
Price spread: +0.163% → 0.000%
$16.32
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$82.38
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell OKX live order book, 31 min ago2.04 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NFLX-USD0.0000%1h73.560+0.054%$1.1M$1.5M10xas long as short
Aster NFLXUSDT0.0000%8h73.526+0.009%$11K$5K20xas long as short
OKX NFLX-USDT-SWAPshort0.0000%8h73.640+0.163%$882K$870K20x
Gate NFLX_USDT0.0000%8h73.660+0.190%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.600+0.109%$4.3M$545K50xas long as short
SunX NFLX-USDT0.0000%8h73.653+0.181%$2K$4.8M10xas long as short
HTX NFLX-USDT0.0000%8h73.521+0.001%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.650+0.177%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.560+0.054%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.525+0.007%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.560+0.054%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.560+0.054%$64K$142K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.570+0.068%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.614+0.127%$22510xas long as short
GRVT NFLX_USDT_Perp+0.0150%8h73.592+0.098%$495$149K10xas long as short
Phoenix NFLX+0.0174%1h73.569+0.067%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0199%8h73.610+0.122%$1.3M$898K50xas long as short
Variational Omni NFLX+0.0204%8h73.649+0.175%$94K$130Kas long as short
Binance NFLXUSDT+0.0211%8h73.652+0.179%$5.5M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.940+6.012%$87K$77K12xas long as short
BloFin NFLX-USDTlong+0.0365%8h73.520long leg$47K$82K20x