Funding arb · Price arb /

NFLX

RWAall NFLX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.022%

Price spread now: Aster against tradeXYZ+0.015%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NFLX	73.922	0.0050	pay 0.0006% / 1h	9m 57s	$5.0M	$2.9M	10x
Short	Aster NFLXUSDT	73.933	0	get 0.0000% / 8h	2h 09m	$11K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$10.5
Price spread: +0.015% → 0.000%: $1.54
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.96
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 8 min ago; Aster: 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 tradeXYZ live order book, 8 min ago	1.01 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 NFLXUSDTshort	0.0000%	8h	73.933	+0.015%	$11K	$5K	20x
OKX NFLX-USDT-SWAP	0.0000%	8h	73.990	+0.092%	$879K	$836K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.920	−0.003%	$1.1M	$1.4M	10x	as long as short
Bitget NFLXUSDT	0.0000%	8h	73.920	−0.003%	$4.3M	$592K	50x	as long as short
SunX NFLX-USDT	0.0000%	8h	74.023	+0.137%	$1K	$4.6M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.969	+0.064%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	74.010	+0.119%	$1.4M	$339K	10x	as long as short
Gate NFLX_USDT	+0.0036%	8h	74.040	+0.160%	$1.4M	$1.2M	25x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.930	+0.011%	—	$21K	25x	as long as short
Extended NFLX-USD	+0.0048%	1h	73.914	−0.010%	$12K	$19K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:NFLXlong	+0.0050%	1h	73.922	long leg	$5.0M	$2.9M	10x
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.940	+0.024%	$66K	$142K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.930	+0.011%	$152K	$38K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.994	+0.098%	$226	—	10x	as long as short
Variational Omni NFLX	+0.0110%	8h	74.032	+0.149%	$95K	$126K	—	as long as short
Binance NFLXUSDT	+0.0116%	8h	74.027	+0.143%	$5.4M	$5.6M	20x	as long as short
GRVT NFLX_USDT_Perp	+0.0151%	8h	73.980	+0.078%	$641	$141K	10x	as long as short
Phoenix NFLX	+0.0206%	1h	73.949	+0.037%	$12K	$77K	10x	as long as short
Injective NFLX/USDC PERP	+0.0220%	1h	74.680	+1.025%	$83K	$105K	12x	as long as short
BloFin NFLX-USDT	+0.0235%	8h	74.040	+0.160%	$47K	$83K	20x	as long as short
Bybit NFLXUSDT	+0.0287%	8h	74.000	+0.106%	$1.3M	$903K	50x	as long as short