Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0318%/8h= −34.8% APRpaid last 24h −0.107%

Price spread now: Ondo Perps against BloFin−0.136%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.325%−$33 on $10k

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

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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Ondo Perps is 0.136% cheaper against BloFin than usual: you would sell low and buy high (−$14 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	BloFin NFLX-USDT	73.530	0.0368	pay 0.0368% / 8h	7h 22m	$47K	$82K	20x
Short	Ondo Perps NFLX-USD.P	73.430	0.0050	get 0.0006% / 1h	22m 22s	$64K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee BloFinbpFee Ondo PerpsbpOrdersPrice spread, now −0.136%Rate

Funding earned: −$66.73
Price spread: −0.136% → 0.000%: −$13.6
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$97.33
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Ondo Perps: 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 BloFin no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

BloFin and Ondo Perps: 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	73.433	−0.132%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.510	−0.027%	$883K	$947K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.400	−0.177%	$1.1M	$1.5M	10x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.494	−0.049%	$2K	$4.9M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.503	−0.037%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.500	−0.041%	$1.4M	$329K	10x	as long as short
Bitget NFLXUSDT	+0.0014%	8h	73.510	−0.027%	$4.3M	$571K	50x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.390	−0.190%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.415	−0.157%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.408	−0.166%	$5.0M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.Pshort	+0.0050%	1h	73.430	−0.136%	$64K	$175K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.430	−0.136%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.483	−0.064%	$225	—	10x	as long as short
Gate NFLX_USDT	+0.0169%	8h	73.540	+0.014%	$1.4M	$1.2M	25x	as long as short
GRVT NFLX_USDT_Perp	+0.0197%	8h	73.520	−0.014%	$872	$152K	10x	as long as short
Variational Omni NFLX	+0.0216%	8h	73.513	−0.023%	$94K	$139K	—	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.780	+5.780%	$87K	$72K	12x	as long as short
Binance NFLXUSDT	+0.0221%	8h	73.485	−0.062%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0229%	1h	73.430	−0.136%	$12K	$77K	10x	as long as short
BloFin NFLX-USDTlong	+0.0368%	8h	73.530	long leg	$47K	$82K	20x
Bybit NFLXUSDT	+0.0555%	8h	73.540	+0.014%	$1.3M	$906K	50x	as long as short