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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin+0.161%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$449as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4284.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.161%, 7d avg +0.068%
Together, before fees−0.207%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.068%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.8800.0100pay 0.0100% / 8h2h 08m$152K$38K20x
ShortSunX NFLX-USDT73.9990get 0.0000% / 8h2h 08m$1K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21
Price spread: +0.161% → +0.068%
$9.34
Slippage, 4 orders
−$408.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$439.69
Costs to cover
4.280%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 min ago; SunX: live order book, 10 min ago.

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, 47 min ago26.45 bp104.4 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago45.29 bp127.6 bp −$128doesn'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%8h73.895+0.021%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.980+0.135%$879K$836K20xas long as short
QFEX NFLX-USD0.0000%1h73.890+0.014%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.920+0.054%$4.3M$592K50xas long as short
SunX NFLX-USDTshort0.0000%8h73.999+0.161%$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.783−0.131%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.980+0.135%$1.4M$339K10xas long as short
Gate NFLX_USDT+0.0036%8h74.000+0.162%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.900+0.027%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.851−0.040%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.861−0.026%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.920+0.054%$66K$142K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.880long leg$152K$38K20x
Aevo NFLX-PERP+0.0104%1h73.958+0.105%$22610xas long as short
Variational Omni NFLX+0.0110%8h74.032+0.206%$95K$126Kas long as short
Binance NFLXUSDT+0.0117%8h73.985+0.142%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0152%8h74.020+0.189%$642$141K10xas long as short
Phoenix NFLX+0.0206%1h73.965+0.115%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.340+6.037%$87K$106K12xas long as short
BloFin NFLX-USDT+0.0236%8h74.040+0.217%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0285%8h73.970+0.122%$1.3M$903K50xas long as short