Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.115%
Price spread now: Bybit against Ondo Perps+0.163%7-day average +0.169% · 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 7 days+0.194%+$19 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.163%, 7d avg +0.169%
Together, before fees+0.245%+ Points / potential airdropOndo Perps: Active · farm board+$25 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: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NFLX-USD.P73.6900.0050pay 0.0006% / 1h46m 22s$66K$141K10x
ShortBybit NFLXUSDT73.8100.0343get 0.0343% / 8h2h 46m$1.3M$885K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Ondo Perps. 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
$61.5
Price spread: +0.163% → +0.169%
−$0.63
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$44.87
Costs to cover
0.160%
Break-even
1.9 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 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 Ondo Perps no order-book sample
Sell Bybit live order book, 4 min ago6.78 bp26.4 bp −$26179.1 bp −$1,791doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.713+0.032%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.820+0.176%$881K$821K20xas long as short
QFEX NFLX-USD0.0000%1h73.700+0.014%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.790+0.136%$4.3M$574K50xas long as short
SunX NFLX-USDT0.0000%8h73.773+0.113%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.759+0.094%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.740+0.068%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.710+0.027%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.729+0.053%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.737+0.064%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.Plong+0.0050%1h73.690long leg$66K$141K10x
Gate NFLX_USDT+0.0059%8h73.830+0.190%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.720+0.041%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.768+0.105%$22610xas long as short
Variational Omni NFLX+0.0120%8h73.777+0.118%$97K$131Kas long as short
Binance NFLXUSDT+0.0126%8h73.780+0.122%$5.4M$5.4M20xas long as short
GRVT NFLX_USDT_Perp+0.0148%8h73.791+0.137%$974$142K10xas long as short
Phoenix NFLX+0.0206%1h73.706+0.022%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.410+0.977%$83K$101K12xas long as short
BloFin NFLX-USDT+0.0246%8h73.760+0.095%$47K$83K20xas long as short
Bybit NFLXUSDTshort+0.0343%8h73.810+0.163%$1.3M$885K50x