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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRnext payment $0.28 per $10,000 · paid last 24h +0.005%
Price spread now: QFEX against Injective−5.612%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and QFEX is 5.612% cheaper against Injective than usual: you would sell low and buy high (−$561 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP77.8700.0220pay 0.0028% / 1h12m 41s$87K$92K12x
ShortQFEX NFLX-USD73.5000get 0.0000% / 1h12m 41s$1.1M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Injective. 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: −5.612% → 0.000%
−$561.19
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$617.41
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 4 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 Injective no order-book sample
Sell QFEX live order book, 4 min ago78.24 bp85.5 bp −$85doesn't fitdoesn't fitdoesn't fit
Injective: 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%8h73.514−5.594%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.550−5.548%$879K$822K20xas long as short
QFEX NFLX-USDshort0.0000%1h73.500−5.612%$1.1M$1.4M10x
Bitget NFLXUSDT0.0000%8h73.610−5.471%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.550−5.548%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.508−5.602%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.550−5.548%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.500−5.612%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.492−5.623%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.501−5.611%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.460−5.663%$65K$139K10xas long as short
Gate NFLX_USDT+0.0062%8h73.630−5.445%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.530−5.573%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.557−5.539%$22510xas long as short
Variational Omni NFLX+0.0186%8h73.552−5.545%$94K$130Kas long as short
Binance NFLXUSDT+0.0195%8h73.550−5.548%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h77.870long leg$87K$92K12x
Phoenix NFLX+0.0239%1h73.571−5.521%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0259%8h73.582−5.507%$614$143K10xas long as short
BloFin NFLX-USDT+0.0323%8h73.570−5.522%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0371%8h73.590−5.496%$1.3M$875K50xas long as short