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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.113%
Price spread now: Injective against Phoenix+0.937%7-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−0.617%−$62 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.937% dearer against Phoenix than usual: you sell high and buy low, +$94 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX73.3920.0218pay 0.0027% / 1h30m 58s$12K$77K10x
ShortInjective NFLX/USDC PERP74.0800.0220get 0.0028% / 1h30m 58s$83K$45K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$0.44
Price spread: +0.937% → 0.000%
$93.74
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$87.17
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Phoenix: no order-book sample; Injective: 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 Injective no order-book sample
Phoenix and Injective: 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%8h73.379−0.017%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.450+0.079%$869K$994K20xas long as short
QFEX NFLX-USD0.0000%1h73.330−0.084%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h73.470+0.106%$1.3M$1.2M25xas long as short
SunX NFLX-USDT0.0000%8h73.436+0.060%$1K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.498+0.144%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.460+0.093%$1.4M$322K10xas long as short
Bitget NFLXUSDT+0.0020%8h73.510+0.161%$4.2M$595K50xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.330−0.084%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.341−0.069%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.349−0.059%$5.1M$3.1M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.300−0.125%$70K$167K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.420+0.038%$152K$11K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.437+0.062%$22510xas long as short
Binance NFLXUSDT+0.0139%8h73.440+0.065%$5.4M$5.3M20xas long as short
Variational Omni NFLX+0.0144%8h73.441+0.067%$120K$111Kas long as short
Phoenix NFLXlong+0.0218%1h73.392long leg$12K$77K10x
Injective NFLX/USDC PERPshort+0.0220%1h74.080+0.937%$83K$45K12x
BloFin NFLX-USDT+0.0259%8h73.460+0.093%$46K$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0265%8h73.450+0.079%$893$157K10xas long as short
Bybit NFLXUSDT+0.0401%8h73.440+0.065%$1.3M$1.0M50xas long as short