Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.011%

Price spread now: Vest against OKX−0.108%58s7-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 Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Vest is 0.108% cheaper against OKX than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7.9 days of funding at the current rate (+$1 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NFLX-USDT-SWAP	73.900	0	get 0.0000% / 8h	5h 43m	$883K	$771K	20x
Short	Vest NFLX-USD-PERP	73.820	0.0046	get 0.0006% / 1h	43m 37s	—	$21K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.108%Rate

Funding earned: $9.59
Price spread: −0.108% → 0.000%: −$10.83
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$13.23
Costs to cover: 0.120%
Break-even: 16.7 days

Slippage unknown: OKX: live order book, 1 min ago; Vest: 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, 1 min ago	3.38 bp	14.1 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 exchanges

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	73.845	−0.074%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAPlong	0.0000%	8h	73.900	long leg	$883K	$771K	20x
QFEX NFLX-USD	0.0000%	1h	73.810	−0.122%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.920	+0.027%	$1.4M	$1.1M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.930	+0.041%	$4.2M	$625K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.923	+0.031%	$1K	$4.0M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.949	+0.066%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.950	+0.068%	$1.4M	$346K	10x	as long as short
Vest NFLX-USD-PERPshort	+0.0046%	1h	73.820	−0.108%	—	$21K	25x
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.790	−0.149%	$64K	$127K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NFLXUSDTM	+0.0100%	8h	73.910	+0.014%	$152K	$185K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.894	−0.008%	$226	—	10x	as long as short
Extended NFLX-USD	+0.0120%	1h	73.834	−0.090%	$12K	$19K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0122%	1h	73.834	−0.089%	$5.0M	$2.9M	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.530	+0.853%	$83K	$133K	12x	as long as short
Phoenix NFLX	+0.0238%	1h	73.873	−0.037%	$12K	$77K	10x	as long as short
Binance NFLXUSDT	+0.0277%	8h	73.886	−0.019%	$5.4M	$5.6M	20x	as long as short
Variational Omni NFLX	+0.0282%	8h	73.906	+0.008%	$76K	$121K	—	as long as short
Bybit NFLXUSDT	+0.0299%	8h	73.960	+0.081%	$1.3M	$724K	50x	as long as short
GRVT NFLX_USDT_Perp	+0.0400%	8h	73.880	−0.027%	$256	$114K	10x	as long as short
BloFin NFLX-USDT	+0.0424%	8h	73.890	−0.014%	$48K	$82K	20x	as long as short