Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.011%
Price spread now: Injective against HTX+5.825%65s7-day average · you sell dearer than you buy
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 7 days−0.132%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 5.825% dearer against HTX than usual: you sell high and buy low: +$583 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NFLX-USDT73.9520get 0.0000% / 8h1h 27m$10K$52K20x
ShortInjective NFLX/USDC PERP78.2600.0220get 0.0028% / 1h27m 32s$87K$110K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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
$46.2
Price spread: +5.825% → 0.000%
$582.54
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$616.72
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Injective: live order book, 16 min ago. 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 HTX no order-book sample
Sell Injective live order book, 16 min ago43.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
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
Aster NFLXUSDT0.0000%8h73.828−0.168%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.810−0.192%$877K$829K20xas long as short
QFEX NFLX-USD0.0000%1h73.800−0.206%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.910−0.057%$4.3M$593K50xas long as short
SunX NFLX-USDT0.0000%8h73.877−0.101%$1K$4.6M10xas long as short
HTX NFLX-USDTlong0.0000%8h73.952long leg$10K$52K20x
Phemex NFLXUSDT0.0000%8h73.910−0.057%$1.4M$343K10xas long as short
Gate NFLX_USDT+0.0044%8h73.850−0.138%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.810−0.192%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.782−0.230%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.792−0.216%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.860−0.124%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.840−0.151%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.872−0.108%$22610xas long as short
Variational Omni NFLX+0.0113%8h73.912−0.054%$95K$126Kas long as short
Binance NFLXUSDT+0.0118%8h73.840−0.151%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0186%8h73.944−0.011%$486$139K10xas long as short
Phoenix NFLX+0.0206%1h73.833−0.161%$12K$77K10xas long as short
Injective NFLX/USDC PERPshort+0.0220%1h78.260+5.825%$87K$110K12x
BloFin NFLX-USDT+0.0238%8h73.920−0.043%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0285%8h73.910−0.057%$1.3M$872K50xas long as short