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+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.055%
Price spread now: Variational Omni against KuCoin+0.084%7-day average +0.053% · 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 4 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.084%, 7d avg +0.053%
Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.031% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NFLXUSDTM73.8900.0100pay 0.0100% / 8h1h 39m$152K$38K20x
ShortVariational Omni NFLX73.9520.0114get 0.0114% / 8h1h 39m$95K$126K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$2.85
Price spread: +0.084% → +0.053%
$3.13
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$6.03
Costs to cover
0.120%
Break-even
21.8 days
Slippage unknown: KuCoin: live order book, 1 min ago; Variational Omni: RFQ quote, 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 KuCoin live order book, 1 min ago25.03 bp101.3 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.89 bpdoesn't fit45.4 bp −$454doesn'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%8h73.896+0.008%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.8900.000%$878K$835K20xas long as short
QFEX NFLX-USD0.0000%1h73.870−0.027%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.960+0.095%$4.3M$592K50xas long as short
SunX NFLX-USDT0.0000%8h73.944+0.073%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.906+0.022%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.930+0.054%$1.4M$343K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.880−0.014%$21K25xas long as short
Gate NFLX_USDT+0.0047%8h73.970+0.108%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.884−0.008%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.879−0.015%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.850−0.054%$66K$141K10xas long as short
KuCoin NFLXUSDTMlong+0.0100%8h73.890long leg$152K$38K20x
Aevo NFLX-PERP+0.0104%1h73.950+0.082%$22610xas long as short
Variational Omni NFLXshort+0.0114%8h73.952+0.084%$95K$126K
Binance NFLXUSDT+0.0121%8h73.948+0.079%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0180%8h73.959+0.094%$501$139K10xas long as short
Phoenix NFLX+0.0206%1h73.955+0.088%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.610+0.974%$83K$109K12xas long as short
BloFin NFLX-USDT+0.0241%8h73.950+0.081%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0275%8h73.900+0.014%$1.3M$872K50xas long as short