Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.122%

Price spread now: BloFin against QFEX+0.136%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.136% dearer against QFEX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NFLX-USD	73.550	0	get 0.0000% / 1h	14m 25s	$1.1M	$1.4M	10x
Short	BloFin NFLX-USDT	73.650	0.0276	get 0.0276% / 8h	3h 14m	$47K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against QFEX. 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

Position, each leg$Hold fordaysFee QFEXbpFee BloFinbpOrdersPrice spread, now +0.136%Rate

Funding earned: $57.87
Price spread: +0.136% → 0.000%: $13.6
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $49.47
Costs to cover: 0.220%
Break-even: 1.0 days

Slippage unknown: QFEX: live order book, 2 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 2 min ago	2.72 bp	12.1 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NFLXUSDT	0.0000%	8h	73.613	+0.086%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.640	+0.122%	$880K	$816K	20x	as long as short
QFEX NFLX-USDlong	0.0000%	1h	73.550	long leg	$1.1M	$1.4M	10x
Bitget NFLXUSDT	0.0000%	8h	73.640	+0.122%	$4.3M	$565K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.651	+0.137%	$2K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.551	+0.001%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.650	+0.136%	$1.4M	$325K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.540	−0.014%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.580	+0.041%	$16K	$29K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0050%	1h	73.589	+0.053%	$4.9M	$2.9M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.540	−0.014%	$65K	$139K	10x	as long as short
Gate NFLX_USDT	+0.0087%	8h	73.670	+0.163%	$1.4M	$1.2M	25x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.600	+0.068%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.644	+0.128%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0150%	8h	73.632	+0.112%	$96K	$132K	—	as long as short
Binance NFLXUSDT	+0.0154%	8h	73.660	+0.150%	$5.4M	$5.4M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0189%	8h	73.644	+0.128%	$446	$141K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.290	+1.006%	$83K	$98K	12x	as long as short
Phoenix NFLX	+0.0250%	1h	73.621	+0.097%	$12K	$77K	10x	as long as short
BloFin NFLX-USDTshort	+0.0276%	8h	73.650	+0.136%	$47K	$82K	20x
Bybit NFLXUSDT	+0.0364%	8h	73.700	+0.204%	$1.3M	$884K	50x	as long as short