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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: tradeXYZ against SunX−0.121%52s7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3533.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.121%, 7d avg −0.153%
Together, before fees+0.106%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.032% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.153%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NFLX-USDT73.4830get 0.0000% / 8h6h 59m$1K$4.9M10x
ShorttradeXYZ xyz:NFLX73.3940.0050get 0.0006% / 1h59m 28s$5.0M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.121% → −0.153%
$3.23
Slippage, 4 orders
−$326.53
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$338.8
Costs to cover
3.525%
Break-even
232.9 days
Slippage from SunX: live order book, 9 min ago; tradeXYZ: live order book, 9 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, 9 min ago49.25 bp160.9 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.95 bp10.2 bp −$10doesn'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%8h73.445−0.051%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.480−0.004%$883K$883K20xas long as short
QFEX NFLX-USD0.0000%1h73.420−0.086%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.500+0.023%$1.4M$1.2M25xas long as short
Bitget NFLXUSDT0.0000%8h73.490+0.010%$4.3M$547K50xas long as short
SunX NFLX-USDTlong0.0000%8h73.483long leg$1K$4.9M10x
HTX NFLX-USDT0.0000%8h73.495+0.016%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.480−0.004%$1.4M$329K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.410−0.099%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.383−0.136%$16K$29K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXshort+0.0050%1h73.394−0.121%$5.0M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.430−0.072%$64K$151K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.440−0.059%$151K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.480−0.005%$22510xas long as short
Variational Omni NFLX+0.0220%8h73.478−0.007%$94K$139Kas long as short
Injective NFLX/USDC PERP+0.0220%1h74.120+0.867%$82K$74K12xas long as short
Binance NFLXUSDT+0.0226%8h73.480−0.004%$5.4M$5.4M20xas long as short
Phoenix NFLX+0.0229%1h73.433−0.068%$12K$76K10xas long as short
GRVT NFLX_USDT_Perp+0.0266%8h73.500+0.023%$550$150K10xas long as short
BloFin NFLX-USDT+0.0375%8h73.500+0.023%$47K$82K20xas long as short
Bybit NFLXUSDT+0.0413%8h73.470−0.018%$1.3M$903K50xas long as short