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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.048%
Price spread now: BloFin against Phoenix+0.037%106s7-day average · 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−0.105%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.037% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX73.6630.0250pay 0.0031% / 1h7m 24s$12K$77K10x
ShortBloFin NFLX-USDT73.6900.0267get 0.0267% / 8h3h 07m$47K$83K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Phoenix. 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
$3.58
Price spread: +0.037% → 0.000%
$3.67
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.76
Costs to cover
0.190%
Break-even
30.0 days
Slippage unknown: Phoenix: no order-book sample; BloFin: 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 Phoenix no order-book sample
Sell BloFin no order-book sample
Phoenix and BloFin: 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%8h73.748+0.116%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.810+0.200%$881K$820K20xas long as short
QFEX NFLX-USD0.0000%1h73.750+0.118%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.750+0.118%$4.3M$573K50xas long as short
SunX NFLX-USDT0.0000%8h73.837+0.236%$2K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.685+0.030%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.830+0.227%$1.4M$327K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.730+0.091%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.718+0.075%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.710+0.064%$4.9M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.760+0.132%$65K$140K10xas long as short
Gate NFLX_USDT+0.0074%8h73.820+0.213%$1.4M$1.2M25xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.750+0.118%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.787+0.169%$22610xas long as short
Binance NFLXUSDT+0.0141%8h73.780+0.159%$5.4M$5.4M20xas long as short
Variational Omni NFLX+0.0146%8h73.651−0.016%$97K$132Kas long as short
GRVT NFLX_USDT_Perp+0.0174%8h73.670+0.009%$441$141K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.060+5.969%$87K$99K12xas long as short
Phoenix NFLXlong+0.0250%1h73.663long leg$12K$77K10x
BloFin NFLX-USDTshort+0.0267%8h73.690+0.037%$47K$83K20x
Bybit NFLXUSDT+0.0346%8h73.810+0.200%$1.3M$884K50xas long as short