Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.022%

Price spread now: SunX against Extended+0.109%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 SunX

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 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. SunX is 0.109% dearer against Extended than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NFLX-USD	73.527	0.0048	pay 0.0006% / 1h	35m 58s	$16K	$29K	10x
Short	SunX NFLX-USDT	73.607	0	get 0.0000% / 8h	4h 35m	$1K	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$10.08
Price spread: +0.109% → 0.000%: $10.94
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$12.14
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; SunX: live order book, 13 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 SunX live order book, 13 min ago	45.95 bp	128.2 bp −$128	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 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	73.555	+0.038%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.640	+0.154%	$880K	$835K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.540	+0.018%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	+0.113%	$4.3M	$559K	50x	as long as short
SunX NFLX-USDTshort	0.0000%	8h	73.607	+0.109%	$1K	$4.6M	10x
HTX NFLX-USDT	0.0000%	8h	73.551	+0.033%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.600	+0.100%	$1.4M	$325K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.540	+0.018%	—	$21K	25x	as long as short
Gate NFLX_USDT	+0.0047%	8h	73.630	+0.141%	$1.4M	$1.2M	25x	as long as short
Extended NFLX-USDlong	+0.0048%	1h	73.527	long leg	$16K	$29K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.545	+0.025%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.550	+0.032%	$65K	$140K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.550	+0.032%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.606	+0.108%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0200%	8h	73.597	+0.096%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0209%	8h	73.600	+0.100%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.920	+5.975%	$87K	$90K	12x	as long as short
Phoenix NFLX	+0.0239%	1h	73.570	+0.059%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0306%	8h	73.590	+0.087%	$634	$144K	10x	as long as short
BloFin NFLX-USDT	+0.0349%	8h	73.560	+0.045%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0394%	8h	73.650	+0.168%	$1.3M	$876K	50x	as long as short