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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex−0.204%7-day average −0.186% · you buy dearer than you sell
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+0.035%+$4 on $10k
Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.204%, 7d avg −0.186%
Together, before fees−0.019%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.186%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NFLXUSDT73.6700get 0.0000% / 8h5h 48m$1.4M$325K10x
ShortOndo Perps NFLX-USD.P73.5200.0050get 0.0006% / 1h48m 20s$64K$143K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Phemex. 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
$10.58
Price spread: −0.204% → −0.186%
−$1.79
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.2
Costs to cover
0.170%
Break-even
12.4 days
Slippage unknown: Phemex: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago1.36 bp43.6 bp −$44doesn't fitdoesn't fitdoesn'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 20 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%8h73.576−0.127%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.630−0.054%$880K$864K20xas long as short
QFEX NFLX-USD0.0000%1h73.520−0.204%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h73.710+0.054%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h73.650−0.027%$4.3M$544K50xas long as short
SunX NFLX-USDT0.0000%8h73.638−0.043%$1K$4.7M10xas long as short
HTX NFLX-USDT0.0000%8h73.680+0.014%$10K$52K20xas long as short
Phemex NFLXUSDTlong0.0000%8h73.670long leg$1.4M$325K10x
Vest NFLX-USD-PERP+0.0046%1h73.530−0.190%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.560−0.150%$16K$29K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.566−0.141%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.Pshort+0.0050%1h73.520−0.204%$64K$143K10x
KuCoin NFLXUSDTM+0.0100%8h73.580−0.122%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.630−0.054%$22510xas long as short
Phoenix NFLX+0.0185%1h73.634−0.049%$12K$77K10xas long as short
Variational Omni NFLX+0.0203%8h73.626−0.060%$94K$130Kas long as short
Binance NFLXUSDT+0.0214%8h73.643−0.037%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.950+5.810%$87K$82K12xas long as short
GRVT NFLX_USDT_Perp+0.0241%8h73.663−0.010%$275$144K10xas long as short
Bybit NFLXUSDT+0.0297%8h73.640−0.041%$1.3M$896K50xas long as short