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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.006%
Price spread now: Injective against SunX+5.874%61s7-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−0.139%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 5.874% dearer against SunX than usual: you sell high and buy low: +$587 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT73.5970get 0.0000% / 8h4h 39m$1K$4.6M10x
ShortInjective NFLX/USDC PERP77.9200.0220get 0.0028% / 1h39m 38s$87K$89K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$46.2
Price spread: +5.874% → 0.000%
$587.39
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$625.57
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 9 min ago; 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 SunX live order book, 9 min ago45.95 bp124.2 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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%8h73.545−0.071%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.600+0.004%$879K$834K20xas long as short
QFEX NFLX-USD0.0000%1h73.530−0.091%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.610+0.018%$4.3M$559K50xas long as short
SunX NFLX-USDTlong0.0000%8h73.597long leg$1K$4.6M10x
HTX NFLX-USDT0.0000%8h73.487−0.149%$10K$53K20xas long as short
Phemex NFLXUSDT0.0000%8h73.600+0.004%$1.4M$325K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.540−0.077%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.523−0.100%$16K$29K10xas long as short
Gate NFLX_USDT+0.0049%8h73.640+0.058%$1.4M$1.2M25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.533−0.087%$4.9M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.550−0.064%$65K$140K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.540−0.077%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.592−0.007%$22510xas long as short
Variational Omni NFLX+0.0203%8h73.576−0.028%$94K$130Kas long as short
Binance NFLXUSDT+0.0210%8h73.600+0.004%$5.4M$5.4M20xas long as short
Injective NFLX/USDC PERPshort+0.0220%1h77.920+5.874%$87K$89K12x
Phoenix NFLX+0.0239%1h73.541−0.076%$12K$77K10xas long as short
GRVT NFLX_USDT_Perp+0.0306%8h73.590−0.009%$634$144K10xas long as short
BloFin NFLX-USDT+0.0351%8h73.550−0.064%$47K$81K20xas long as short
Bybit NFLXUSDT+0.0398%8h73.620+0.031%$1.3M$876K50xas long as short