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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.022%
Price spread now: Gate against tradeXYZ+0.156%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 7 days−0.117%−$12 · spread now +0.156%, 7d avg +0.118%
Together, before fees−0.261%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.038% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.118%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.143% in total) that is about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NFLX73.8850.0050pay 0.0006% / 1h4m 18s$5.0M$2.9M10x
ShortGate NFLX_USDT74.0000.0019get 0.0019% / 8h4m 18s$1.4M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$6.51
Price spread: +0.156% → +0.118%
$3.76
Slippage, 4 orders
−$73.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$108.77
Costs to cover
1.060%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Gate: live order book, 3 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 tradeXYZ live order book, 4 min ago0.74 bp9.7 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago6.08 bp65.5 bp −$66doesn'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%8h73.908+0.031%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.970+0.115%$878K$833K20xas long as short
QFEX NFLX-USD0.0000%1h73.900+0.020%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.960+0.102%$4.2M$596K50xas long as short
SunX NFLX-USDT0.0000%8h73.949+0.087%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h73.969+0.114%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.960+0.102%$1.4M$346K10xas long as short
Gate NFLX_USDTshort+0.0019%8h74.000+0.156%$1.4M$1.2M25x
Vest NFLX-USD-PERP+0.0046%1h73.910+0.034%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.877−0.011%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLXlong+0.0050%1h73.885long leg$5.0M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h73.880−0.007%$66K$143K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.890+0.007%$151K$48K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.974+0.120%$22610xas long as short
Variational Omni NFLX+0.0129%8h73.945+0.081%$83K$119Kas long as short
Binance NFLXUSDT+0.0138%8h73.953+0.092%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0211%8h73.990+0.142%$253$136K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.620+0.995%$83K$119K12xas long as short
Phoenix NFLX+0.0249%1h73.942+0.077%$12K$77K10xas long as short
Bybit NFLXUSDT+0.0252%8h73.960+0.102%$1.3M$883K50xas long as short
BloFin NFLX-USDT+0.0257%8h74.010+0.169%$47K$78K20xas long as short