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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: SunX against tradeXYZ+0.130%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2742.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 4 days (all we have)+0.303%+$30 · spread now +0.130%, 7d avg +0.148%
Together, before fees+0.154%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.148%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NFLX74.0310.0050pay 0.0006% / 1h33m 54s$5.0M$2.9M10x
ShortSunX NFLX-USDT74.1270get 0.0000% / 8h7h 33m$2K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.5
Price spread: +0.130% → +0.148%
−$1.81
Slippage, 4 orders
−$248.23
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$286.54
Costs to cover
2.742%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; SunX: live order book, 5 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, 3 min ago1.35 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago45.23 bp127.3 bp −$127doesn'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%8h74.010−0.029%$11K$5K20xas long as short
Bybit NFLXUSDT0.0000%8h74.120+0.120%$1.3M$878K50xas long as short
OKX NFLX-USDT-SWAP0.0000%8h74.070+0.053%$889K$808K20xas long as short
QFEX NFLX-USD0.0000%1h74.030−0.001%$1.1M$1.4M10xas long as short
Gate NFLX_USDT0.0000%8h74.060+0.039%$1.4M$1.1M25xas long as short
Bitget NFLXUSDT0.0000%8h74.050+0.026%$4.3M$592K50xas long as short
SunX NFLX-USDTshort0.0000%8h74.127+0.130%$2K$4.5M10x
HTX NFLX-USDT0.0000%8h73.963−0.092%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.100+0.093%$1.4M$345K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h74.040+0.012%$21K25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NFLX-USD+0.0048%1h74.023−0.011%$12K$19K10xas long as short
tradeXYZ xyz:NFLXlong+0.0050%1h74.031long leg$5.0M$2.9M10x
Ondo Perps NFLX-USD.P+0.0050%1h74.000−0.042%$64K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h74.040+0.012%$152K$72K20xas long as short
Aevo NFLX-PERP+0.0104%1h74.073+0.057%$22710xas long as short
Variational Omni NFLX+0.0146%8h74.053+0.029%$84K$119Kas long as short
Binance NFLXUSDT+0.0155%8h74.110+0.107%$5.4M$5.6M20xas long as short
Injective NFLX/USDC PERP+0.0220%1h74.760+0.985%$83K$122K12xas long as short
Phoenix NFLX+0.0238%1h74.017−0.019%$12K$77K10xas long as short
BloFin NFLX-USDT+0.0273%8h74.070+0.053%$47K$77K20xas long as short
GRVT NFLX_USDT_Perp+0.0443%8h74.060+0.039%$253$128K10xas long as short