Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.046%

Price spread now: Ondo Perps against OKX−0.163%7-day average −0.169% · you buy dearer than you sell

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

Long on OKX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.163%, 7d avg −0.169%

Together, before fees−0.106%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.169%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NFLX-USDT-SWAP	73.510	0	get 0.0000% / 8h	7h 21m	$883K	$947K	20x
Short	Ondo Perps NFLX-USD.P	73.390	0.0050	get 0.0006% / 1h	21m 32s	$64K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.163%Rate

Funding earned: $10.58
Price spread: −0.163% → −0.169%: $0.58
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$3.84
Costs to cover: 0.150%
Break-even: 9.5 days

Slippage unknown: OKX: live order book, 40 min ago; Ondo Perps: 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, 40 min ago	1.36 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	73.437	−0.100%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPlong	0.0000%	8h	73.510	long leg	$883K	$947K	20x
QFEX NFLX-USD	0.0000%	1h	73.410	−0.136%	$1.1M	$1.5M	10x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.494	−0.022%	$2K	$4.9M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.503	−0.010%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.500	−0.014%	$1.4M	$329K	10x	as long as short
Bitget NFLXUSDT	+0.0012%	8h	73.500	−0.014%	$4.3M	$571K	50x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.400	−0.150%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.406	−0.141%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.412	−0.133%	$5.0M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.Pshort	+0.0050%	1h	73.390	−0.163%	$64K	$175K	10x
KuCoin NFLXUSDTM	+0.0100%	8h	73.440	−0.095%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.472	−0.052%	$225	—	10x	as long as short
Gate NFLX_USDT	+0.0147%	8h	73.550	+0.054%	$1.4M	$1.2M	25x	as long as short
GRVT NFLX_USDT_Perp	+0.0197%	8h	73.520	+0.013%	$872	$152K	10x	as long as short
Variational Omni NFLX	+0.0216%	8h	73.513	+0.004%	$94K	$139K	—	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	77.780	+5.809%	$87K	$72K	12x	as long as short
Binance NFLXUSDT	+0.0221%	8h	73.496	−0.019%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0229%	1h	73.469	−0.056%	$12K	$77K	10x	as long as short
BloFin NFLX-USDT	+0.0368%	8h	73.530	+0.027%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0501%	8h	73.530	+0.027%	$1.3M	$906K	50x	as long as short