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+0.0223%/8h= +24.5% APRnext payment +$2.23 per $10,000 · paid last 24h +0.092%
Price spread now: BloFin against KuCoin+0.054%7-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+0.150%+$15 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 BloFin is 0.054% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.5300.0100pay 0.0100% / 8h4h 11m$151K$37K20x
ShortBloFin NFLX-USDT73.5700.0323get 0.0323% / 8h4h 11m$47K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$46.9
Price spread: +0.054% → 0.000%
$5.44
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.34
Costs to cover
0.240%
Break-even
2.8 days
Slippage unknown: KuCoin: live order book, 63 min ago; BloFin: no order-book sample. 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 KuCoin live order book, 63 min ago23.12 bp254.2 bp −$254doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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%8h73.514−0.021%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.540+0.014%$879K$821K20xas long as short
QFEX NFLX-USD0.0000%1h73.500−0.041%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.109%$4.3M$559K50xas long as short
SunX NFLX-USDT0.0000%8h73.550+0.027%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.508−0.030%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.560+0.041%$1.4M$324K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.510−0.027%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.491−0.053%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.499−0.042%$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%1h73.460−0.095%$65K$139K10xas long as short
Gate NFLX_USDT+0.0062%8h73.630+0.136%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.530long leg$151K$37K20x
Aevo NFLX-PERP+0.0104%1h73.550+0.027%$22510xas long as short
Variational Omni NFLX+0.0186%8h73.552+0.030%$94K$130Kas long as short
Binance NFLXUSDT+0.0194%8h73.550+0.027%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.220+0.938%$83K$92K12xas long as short
Phoenix NFLX+0.0239%1h73.532+0.003%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0259%8h73.582+0.071%$614$143K10xas long as short
BloFin NFLX-USDTshort+0.0323%8h73.570+0.054%$47K$81K20x
Bybit NFLXUSDT+0.0373%8h73.590+0.082%$1.3M$875K50xas long as short