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+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h +0.084%
Price spread now: Binance against Gate−0.041%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 7 days+0.055%+$6 · spread now −0.041%, 7d avg +0.015%
Together, before fees+0.280%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.055% cheaper against Gate than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.015%). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NFLX_USDT73.9800.0047pay 0.0047% / 8h1h 47m$1.4M$1.2M25x
ShortBinance NFLXUSDT73.9500.0123get 0.0123% / 8h1h 47m$5.4M$5.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$15.95
Price spread: −0.041% → +0.015%
−$5.52
Slippage, 4 orders
−$94.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$108.9
Costs to cover
1.193%
Break-even
54.8 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago4.73 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.68 bp12.2 bp −$1224.7 bp −$247189.8 bp −$19.0Kdoesn't fit

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
Aster NFLXUSDT0.0000%8h73.895−0.115%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.890−0.122%$878K$837K20xas long as short
QFEX NFLX-USD0.0000%1h73.850−0.176%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.940−0.054%$4.3M$593K50xas long as short
SunX NFLX-USDT0.0000%8h73.955−0.034%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.965−0.020%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.960−0.027%$1.4M$343K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.850−0.176%$21K25xas long as short
Gate NFLX_USDTlong+0.0047%8h73.980long leg$1.4M$1.2M25x
Extended NFLX-USD+0.0048%1h73.862−0.159%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.879−0.137%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.810−0.230%$66K$144K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.880−0.135%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.933−0.064%$22610xas long as short
Variational Omni NFLX+0.0116%8h73.873−0.145%$95K$126Kas long as short
Binance NFLXUSDTshort+0.0123%8h73.950−0.041%$5.4M$5.6M20x
GRVT NFLX_USDT_Perp+0.0177%8h73.898−0.111%$527$140K10xas long as short
Phoenix NFLX+0.0206%1h73.859−0.164%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.550+0.770%$83K$108K12xas long as short
BloFin NFLX-USDT+0.0242%8h73.920−0.081%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0274%8h73.900−0.108%$1.3M$902K50xas long as short