Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.027%

Price spread now: Extended against SunX−0.143%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.143% cheaper against SunX than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 9.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NFLX-USDT	73.488	0	get 0.0000% / 8h	7h 00m	$1K	$4.9M	10x
Short	Extended NFLX-USD	73.383	0.0048	get 0.0006% / 1h	0m 36s	$16K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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 SunXbpFee ExtendedbpOrdersPrice spread, now −0.143%Rate

Funding earned: $10.08
Price spread: −0.143% → 0.000%: −$14.28
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.2
Costs to cover: 0.130%
Break-even: 18.9 days

Slippage unknown: SunX: live order book, 8 min ago; Extended: 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 SunX live order book, 8 min ago	49.25 bp	160.9 bp −$161	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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	73.438	−0.067%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.450	−0.052%	$883K	$947K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.400	−0.120%	$1.1M	$1.5M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.520	+0.044%	$1.4M	$1.2M	25x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.490	+0.003%	$4.3M	$569K	50x	as long as short
SunX NFLX-USDTlong	0.0000%	8h	73.488	long leg	$1K	$4.9M	10x
HTX NFLX-USDT	0.0000%	8h	73.495	+0.010%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.490	+0.003%	$1.4M	$329K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.400	−0.120%	—	$21K	25x	as long as short
Extended NFLX-USDshort	+0.0048%	1h	73.383	−0.143%	$16K	$29K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLX	+0.0050%	1h	73.385	−0.140%	$5.0M	$2.9M	10x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.400	−0.120%	$64K	$151K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.430	−0.079%	$151K	$37K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.484	−0.006%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0220%	8h	73.478	−0.014%	$94K	$139K	—	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.120	+0.860%	$82K	$74K	12x	as long as short
Binance NFLXUSDT	+0.0226%	8h	73.480	−0.011%	$5.4M	$5.4M	20x	as long as short
Phoenix NFLX	+0.0229%	1h	73.433	−0.075%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0243%	8h	73.488	0.000%	$550	$150K	10x	as long as short
BloFin NFLX-USDT	+0.0375%	8h	73.500	+0.016%	$47K	$82K	20x	as long as short
Bybit NFLXUSDT	+0.0423%	8h	73.470	−0.024%	$1.3M	$903K	50x	as long as short