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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX+0.011%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3333.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.011%, 7d avg −0.002%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT74.0020get 0.0000% / 8h2h 25m$2K$4.6M10x
ShortPhemex NFLXUSDT74.0100get 0.0000% / 8h2h 25m$1.4M$336K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.011% → −0.002%
$1.23
Slippage, 4 orders
−$312.83
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$331.59
Costs to cover
3.328%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; Phemex: live order book, 2 min ago.

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, 13 min ago45.88 bp124.4 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago4.73 bp44.3 bp −$44doesn't fitdoesn't fitdoesn't fit

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%8h73.957−0.061%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.980−0.030%$883K$823K20xas long as short
QFEX NFLX-USD0.0000%1h73.940−0.084%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h74.000−0.003%$4.3M$591K50xas long as short
SunX NFLX-USDTlong0.0000%8h74.002long leg$2K$4.6M10x
HTX NFLX-USDT0.0000%8h73.959−0.058%$10K$52K20xas long as short
Phemex NFLXUSDTshort0.0000%8h74.010+0.011%$1.4M$336K10x
Vest NFLX-USD-PERP+0.0046%1h73.940−0.084%$21K25xas long as short
Gate NFLX_USDT+0.0047%8h74.050+0.065%$1.4M$1.2M25xas long as short
Extended NFLX-USD+0.0048%1h73.911−0.124%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.924−0.105%$5.0M$3.0M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.870−0.178%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.920−0.111%$152K$38K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.004+0.002%$22610xas long as short
Variational Omni NFLX+0.0118%8h73.993−0.012%$95K$127Kas long as short
Binance NFLXUSDT+0.0123%8h74.000−0.003%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0164%8h73.980−0.030%$447$141K10xas long as short
Phoenix NFLX+0.0206%1h73.972−0.041%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.390+5.930%$87K$103K12xas long as short
BloFin NFLX-USDT+0.0246%8h73.990−0.016%$47K$83K20xas long as short
Bybit NFLXUSDT+0.0308%8h73.970−0.043%$1.3M$903K50xas long as short