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−0.0101%/8h= −11.1% APRpaid last 24h +0.068%
Price spread now: Variational Omni against Injective−0.872%76s7-day average +5.099% · 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)+0.273%+$27 on $10k
Price spread, last 4 days (all we have)+3.319%+$332 · spread now −0.872%, 7d avg +5.099%
Together, before fees+3.592%+ Points / potential airdropVariational Omni: Active · farm board+$359 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 5.970% cheaper against Injective than usual: you would sell low and buy high (−$597 if the spread goes back to its 7-day average of +5.099%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.273%, so the current rate has only just turned against you. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NFLX/USDC PERP74.5100.0220pay 0.0028% / 1h35m 58s$83K$116K12x
ShortVariational Omni NFLX73.8610.0119get 0.0119% / 8h35m 58s$83K$120K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$21.24
Price spread: −0.872% → +5.099%
−$597.05
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$618.31
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 68 min ago; Variational Omni: RFQ quote, 3 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, 68 min ago43.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.88 bpdoesn't fit41.9 bp −$419doesn'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%8h73.951−0.751%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.930−0.778%$877K$831K20xas long as short
QFEX NFLX-USD0.0000%1h73.820−0.926%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.900−0.819%$4.2M$596K50xas long as short
SunX NFLX-USDT0.0000%8h73.921−0.790%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.853−0.882%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.910−0.805%$1.4M$345K10xas long as short
Gate NFLX_USDT+0.0029%8h73.930−0.778%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.830−0.913%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.830−0.913%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.843−0.895%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.740−1.033%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.840−0.899%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.903−0.815%$22610xas long as short
Variational Omni NFLXshort+0.0119%8h73.861−0.872%$83K$120K
Binance NFLXUSDT+0.0126%8h73.920−0.792%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0210%8h73.864−0.867%$341$136K10xas long as short
Injective NFLX/USDC PERPlong+0.0220%1h74.510long leg$83K$116K12x
BloFin NFLX-USDT+0.0246%8h73.880−0.846%$47K$77K20xas long as short
Phoenix NFLX+0.0249%1h73.837−0.903%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0252%8h73.900−0.819%$1.3M$889K50xas long as short