Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.037%

Price spread now: Extended against OKX−0.170%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.170% cheaper against OKX than usual: you would sell low and buy high (spread −0.170% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 12 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NFLX-USDT-SWAP	73.630	0	get 0.0000% / 8h	5h 01m	$880K	$861K	20x
Short	Extended NFLX-USD	73.505	0.0048	get 0.0006% / 1h	1m 43s	$16K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee ExtendedbpOrdersPrice spread, now −0.170%Rate

Funding earned: $10.08
Price spread: −0.170% → 0.000%: −$17.01
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$21.93
Costs to cover: 0.150%
Break-even: 22.2 days

Slippage unknown: OKX: live order book, 59 min ago; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 59 min ago	2.04 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.537	−0.127%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPlong	0.0000%	8h	73.630	long leg	$880K	$861K	20x
QFEX NFLX-USD	0.0000%	1h	73.490	−0.190%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.610	−0.027%	$4.3M	$546K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.576	−0.073%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.577	−0.072%	$10K	$53K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.590	−0.054%	$1.4M	$326K	10x	as long as short
Gate NFLX_USDT	+0.0024%	8h	73.640	+0.014%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.480	−0.204%	—	$21K	25x	as long as short
Extended NFLX-USDshort	+0.0048%	1h	73.505	−0.170%	$16K	$29K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.510	−0.163%	$4.9M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.510	−0.163%	$65K	$139K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.530	−0.136%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.571	−0.080%	$225	—	10x	as long as short
Phoenix NFLX	+0.0185%	1h	73.569	−0.083%	$12K	$77K	10x	as long as short
Variational Omni NFLX	+0.0207%	8h	73.576	−0.074%	$94K	$130K	—	as long as short
Binance NFLXUSDT	+0.0217%	8h	73.616	−0.020%	$5.4M	$5.4M	20x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.880	+5.772%	$87K	$87K	12x	as long as short
GRVT NFLX_USDT_Perp	+0.0306%	8h	73.580	−0.068%	$815	$143K	10x	as long as short
BloFin NFLX-USDT	+0.0359%	8h	73.620	−0.014%	$47K	$81K	20x	as long as short
Bybit NFLXUSDT	+0.0404%	8h	73.610	−0.027%	$1.3M	$881K	50x	as long as short