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−0.0390%/8h= −42.7% APRnext payment $3.90 per $10,000 · paid last 24h −0.130%
Price spread now: HTX against Bybit−0.072%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and HTX is 0.072% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NFLXUSDT73.4700.0390pay 0.0390% / 8h6h 57m$1.3M$900K50x
ShortHTX NFLX-USDT73.4170get 0.0000% / 8h6h 57m$10K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
−$81.85
Price spread: −0.072% → 0.000%
−$7.21
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$112.06
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago6.12 bp23.0 bp −$23147.6 bp −$1,476doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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%1h73.420−0.068%$1.1M$1.5M10xas long as short
Aster NFLXUSDT0.0000%8h73.435−0.047%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.490+0.027%$883K$881K20xas long as short
Gate NFLX_USDT0.0000%8h73.520+0.068%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.490+0.027%$4.3M$546K50xas long as short
SunX NFLX-USDT0.0000%8h73.493+0.031%$2K$4.8M10xas long as short
HTX NFLX-USDTshort0.0000%8h73.417−0.072%$10K$52K20x
Phemex NFLXUSDT0.0000%8h73.480+0.014%$1.4M$327K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.420−0.068%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.409−0.083%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.415−0.075%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.430−0.054%$64K$150K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.440−0.041%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.491+0.029%$22510xas long as short
Variational Omni NFLX+0.0220%8h73.478+0.011%$94K$139Kas long as short
Injective NFLX/USDC PERP+0.0220%1h74.140+0.912%$82K$75K12xas long as short
Binance NFLXUSDT+0.0226%8h73.480+0.014%$5.4M$5.4M20xas long as short
Phoenix NFLX+0.0229%1h73.450−0.027%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0264%8h73.500+0.041%$493$150K10xas long as short
BloFin NFLX-USDT+0.0375%8h73.510+0.054%$47K$82K20xas long as short
Bybit NFLXUSDTlong+0.0390%8h73.470long leg$1.3M$900K50x