Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.013%

Price spread now: KuCoin against Extended+0.104%7-day average — · you sell dearer than you buy

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

Long on Extended Short on KuCoin

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

The price spread pays, funding is against you. KuCoin is 0.104% dearer against Extended than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	73.834	0.0120	pay 0.0015% / 1h	43m 56s	$12K	$19K	10x
Short	KuCoin NFLXUSDTM	73.910	0.0100	get 0.0100% / 8h	5h 43m	$152K	$185K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.104%Rate

Funding earned: −$4.2
Price spread: +0.104% → 0.000%: $10.36
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$10.84
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 58 min ago. 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 Extended no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 58 min ago	21.56 bp	161.5 bp −$162	doesn't fit	doesn't fit	doesn't fit

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 exchanges

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	73.883	+0.067%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.900	+0.090%	$883K	$771K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.810	−0.032%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.940	+0.144%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	+0.117%	$4.2M	$625K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.923	+0.121%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.949	+0.156%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.158%	$1.4M	$346K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.820	−0.018%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.059%	$64K	$127K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NFLXUSDTMshort	+0.0100%	8h	73.910	+0.104%	$152K	$185K	20x
Aevo NFLX-PERP	+0.0104%	1h	73.894	+0.083%	$226	—	10x	as long as short
Extended NFLX-USDlong	+0.0120%	1h	73.834	long leg	$12K	$19K	10x
tradeXYZ xyz:NFLX	+0.0122%	1h	73.840	+0.009%	$5.0M	$2.9M	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.530	+0.943%	$83K	$133K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.873	+0.053%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0280%	8h	73.920	+0.117%	$5.4M	$5.6M	20x	as long as short
Variational Omni NFLX	+0.0282%	8h	73.906	+0.098%	$76K	$121K	—	as long as short
Bybit NFLXUSDT	+0.0289%	8h	73.960	+0.171%	$1.3M	$724K	50x	as long as short
GRVT NFLX_USDT_Perp	+0.0400%	8h	73.880	+0.063%	$256	$114K	10x	as long as short
BloFin NFLX-USDT	+0.0424%	8h	73.890	+0.076%	$48K	$82K	20x	as long as short