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−0.0206%/8h= −22.5% APRpaid last 24h −0.073%
Price spread now: SunX against Phoenix+0.005%69s7-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−0.466%−$47 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX73.8330.0206pay 0.0026% / 1h25m 59s$12K$77K10x
ShortSunX NFLX-USDT73.8370get 0.0000% / 8h1h 25m$1K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$43.21
Price spread: +0.005% → 0.000%
$0.54
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$57.67
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; SunX: live order book, 13 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 Phoenix no order-book sample
Sell SunX live order book, 13 min ago45.16 bp127.5 bp −$128doesn't fitdoesn't fitdoesn't fit
Phoenix: 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%8h73.786−0.064%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.810−0.031%$877K$829K20xas long as short
QFEX NFLX-USD0.0000%1h73.800−0.045%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.910+0.104%$4.3M$593K50xas long as short
SunX NFLX-USDTshort0.0000%8h73.837+0.005%$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.952+0.161%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.870+0.050%$1.4M$344K10xas long as short
Gate NFLX_USDT+0.0041%8h73.870+0.050%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.810−0.031%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.779−0.073%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.789−0.060%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.790−0.058%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.800−0.045%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.835+0.003%$22610xas long as short
Variational Omni NFLX+0.0113%8h73.912+0.107%$95K$126Kas long as short
Binance NFLXUSDT+0.0117%8h73.826−0.009%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0186%8h73.944+0.150%$486$139K10xas long as short
Phoenix NFLXlong+0.0206%1h73.833long leg$12K$77K10x
Injective NFLX/USDC PERP+0.0220%1h74.520+0.930%$83K$110K12xas long as short
BloFin NFLX-USDT+0.0238%8h73.860+0.037%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0282%8h73.850+0.023%$1.3M$872K50xas long as short