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−0.0170%/8h= −18.6% APRnext payment $0.21 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against Injective−5.686%114s7-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 7 days+0.281%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and tradeXYZ is 5.686% cheaper against Injective than usual: you would sell low and buy high (−$569 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.281%, so the current rate has only just turned against you. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP78.2100.0220pay 0.0028% / 1h57m 22s$87K$113K12x
ShorttradeXYZ xyz:NFLX73.7630.0050get 0.0006% / 1h57m 22s$5.0M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$35.7
Price spread: −5.686% → 0.000%
−$568.6
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$622.32
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 46 min ago; tradeXYZ: live order book, 11 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 live order book, 46 min ago43.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago1.42 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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%8h73.962−5.431%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.760−5.690%$875K$831K20xas long as short
QFEX NFLX-USD0.0000%1h73.760−5.690%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.900−5.511%$4.2M$594K50xas long as short
SunX NFLX-USDT0.0000%8h73.816−5.618%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.828−5.603%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.840−5.588%$1.4M$347K10xas long as short
Gate NFLX_USDT+0.0030%8h73.860−5.562%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.770−5.677%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.752−5.700%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXshort+0.0050%1h73.763−5.686%$5.0M$3.0M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.720−5.741%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.790−5.651%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.815−5.620%$22610xas long as short
Variational Omni NFLX+0.0126%8h73.857−5.566%$83K$140Kas long as short
Binance NFLXUSDT+0.0130%8h73.828−5.602%$5.4M$5.7M20xas long as short
Phoenix NFLX+0.0206%1h73.811−5.625%$12K$76K10xas long as short
GRVT NFLX_USDT_Perp+0.0209%8h73.864−5.556%$397$138K10xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h78.210long leg$87K$113K12x
BloFin NFLX-USDT+0.0254%8h73.890−5.524%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0276%8h73.840−5.588%$1.3M$890K50xas long as short