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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.1% APRnext payment $0.24 per $10,000 · paid last 24h −0.057%
Price spread now: Vest against Phoenix−0.030%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.030% cheaper against Phoenix than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NFLX74.0520.0238pay 0.0030% / 1h57m 21s$12K$77K10x
ShortVest NFLX-USD-PERP74.0300.0046get 0.0006% / 1h57m 21s$21K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$40.42
Price spread: −0.030% → 0.000%
−$2.97
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
−$52.39
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Vest: 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 Vest no order-book sample
Phoenix and Vest: 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%8h74.233+0.244%$12K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.110+0.078%$887K$789K20xas long as short
QFEX NFLX-USD0.0000%1h74.030−0.030%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.140+0.119%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.120+0.092%$4.2M$624K50xas long as short
SunX NFLX-USDT0.0000%8h74.132+0.108%$1K$4.2M10xas long as short
HTX NFLX-USDT0.0000%8h74.036−0.022%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.110+0.078%$1.4M$344K10xas long as short
Vest NFLX-USD-PERPshort+0.0046%1h74.030−0.030%$21K25x
Extended NFLX-USD+0.0048%1h74.023−0.039%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h74.030−0.030%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h74.020−0.043%$64K$138K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h74.100+0.065%$152K$107K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.128+0.103%$22710xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.430+5.912%$87K$126K12xas long as short
Phoenix NFLXlong+0.0238%1h74.052long leg$12K$77K10x
Variational Omni NFLX+0.0249%8h74.131+0.107%$76K$124Kas long as short
Binance NFLXUSDT+0.0256%8h74.113+0.082%$5.4M$5.6M20xas long as short
Bybit NFLXUSDT+0.0340%8h74.110+0.078%$1.3M$832K50xas long as short
BloFin NFLX-USDT+0.0381%8h74.120+0.092%$47K$82K20xas long as short
GRVT NFLX_USDT_Perp+0.0787%8h74.130+0.106%$254$123K10xas long as short