Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%

Price spread now: Bitget against Gate−0.175%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$770.774% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days+0.224%+$22 · spread now −0.175%, 7d avg +0.032%

Together, before fees+0.236%+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.207% cheaper against Gate than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NFLX_USDT	74.080	0	get 0.0000% / 8h	5h 55m	$1.4M	$1.1M	25x
Short	Bitget NFLXUSDT	73.950	0	get 0.0000% / 8h	5h 55m	$4.2M	$625K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now −0.175%Rate

Funding earned: $0
Price spread: −0.175% → +0.032%: −$20.71
Slippage, 4 orders: −$50.43
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$98.14
Costs to cover: 0.774%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 5 min ago.

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 Gate live order book, 5 min ago	7.43 bp	22.7 bp −$23	261.7 bp −$2,617	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	6.75 bp	21.3 bp −$21	37.4 bp −$374	doesn't fit	doesn't fit

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	73.999	−0.109%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	74.100	+0.027%	$886K	$773K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.960	−0.162%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDTlong	0.0000%	8h	74.080	long leg	$1.4M	$1.1M	25x
Bitget NFLXUSDTshort	0.0000%	8h	73.950	−0.175%	$4.2M	$625K	50x
SunX NFLX-USDT	0.0000%	8h	74.073	−0.009%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.902	−0.240%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.060	−0.027%	$1.4M	$342K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.970	−0.148%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.971	−0.148%	$12K	$19K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.978	−0.138%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.890	−0.256%	$64K	$127K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	74.020	−0.081%	$152K	$173K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	74.030	−0.068%	$227	—	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	78.380	+5.805%	$87K	$132K	12x	as long as short
Bybit NFLXUSDT	+0.0222%	8h	74.110	+0.040%	$1.3M	$759K	50x	as long as short
Phoenix NFLX	+0.0227%	1h	73.921	−0.215%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0297%	8h	74.068	−0.016%	$5.4M	$5.5M	20x	as long as short
Variational Omni NFLX	+0.0300%	8h	74.026	−0.073%	$76K	$122K	—	as long as short
BloFin NFLX-USDT	+0.0452%	8h	74.050	−0.040%	$424	$82K	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0518%	8h	74.006	−0.100%	$257	$115K	10x	as long as short