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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0249%/8h= −27.3% APRpaid last 24h −0.072%
Price spread now: HTX against Phoenix+0.154%72s7-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−0.467%−$47 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.154% dearer against Phoenix than usual: you sell high and buy low (spread +0.154% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX73.8370.0249pay 0.0031% / 1h33m 42s$12K$77K10x
ShortHTX NFLX-USDT73.9510get 0.0000% / 8h33m 42s$10K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$52.34
Price spread: +0.154% → 0.000%
$15.44
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$55.9
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; HTX: 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 HTX no order-book sample
Phoenix and HTX: 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%8h73.978+0.191%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.930+0.126%$877K$831K20xas long as short
QFEX NFLX-USD0.0000%1h73.820−0.023%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.900+0.085%$4.2M$596K50xas long as short
SunX NFLX-USDT0.0000%8h73.921+0.114%$1K$4.6M10xas long as short
HTX NFLX-USDTshort0.0000%8h73.951+0.154%$10K$52K20x
Phemex NFLXUSDT0.0000%8h73.920+0.112%$1.4M$345K10xas long as short
Gate NFLX_USDT+0.0029%8h73.930+0.126%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.830−0.009%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.846+0.012%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.852+0.020%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.740−0.131%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.850+0.018%$151K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.910+0.098%$22610xas long as short
Variational Omni NFLX+0.0119%8h73.911+0.100%$83K$120Kas long as short
Binance NFLXUSDT+0.0127%8h73.929+0.124%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0210%8h73.864+0.037%$341$136K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.240+5.963%$87K$116K12xas long as short
BloFin NFLX-USDT+0.0246%8h73.940+0.139%$47K$77K20xas long as short
Phoenix NFLXlong+0.0249%1h73.837long leg$12K$77K10x
Bybit NFLXUSDT+0.0255%8h73.900+0.085%$1.3M$889K50xas long as short