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−0.0119%/8h= −13.0% APRnext payment $1.19 per $10,000 · paid last 24h −0.023%
Price spread now: OKX against Variational Omni−0.062%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.062%, 7d avg −0.001%
Together, before fees−0.009%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.061% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NFLX74.0160.0119pay 0.0119% / 8h10m 43s$83K$119K
ShortOKX NFLX-USDT-SWAP73.9700get 0.0000% / 8h10m 43s$878K$832K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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
−$25
Price spread: −0.062% → −0.001%
−$6.08
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$41.09
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 28 min ago; OKX: live order book, 25 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 28 min ago2.88 bpdoesn't fit35.0 bp −$350doesn't fitdoesn't fit
Sell OKX live order book, 25 min ago3.38 bp19.0 bp −$19doesn'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%8h73.934−0.110%$11K$5K20xas long as short
OKX NFLX-USDT-SWAPshort0.0000%8h73.970−0.062%$878K$832K20x
QFEX NFLX-USD0.0000%1h73.900−0.156%$1.1M$1.4M10xas long as short
Bitget NFLXUSDT0.0000%8h73.960−0.075%$4.2M$596K50xas long as short
SunX NFLX-USDT0.0000%8h74.019+0.004%$1K$4.6M10xas long as short
HTX NFLX-USDT0.0000%8h74.044+0.038%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h74.010−0.008%$1.4M$346K10xas long as short
Gate NFLX_USDT+0.0016%8h74.020+0.006%$1.4M$1.2M25xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.920−0.129%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.927−0.120%$12K$19K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NFLX+0.0050%1h73.936−0.108%$5.0M$2.9M10xas long as short
Ondo Perps NFLX-USD.P+0.0050%1h73.860−0.210%$66K$141K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.900−0.156%$152K$44K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.980−0.048%$22610xas long as short
Variational Omni NFLXlong+0.0119%8h74.016long leg$83K$119K
Binance NFLXUSDT+0.0126%8h74.030+0.019%$5.4M$5.6M20xas long as short
GRVT NFLX_USDT_Perp+0.0201%8h73.972−0.060%$253$136K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h78.280+5.761%$87K$118K12xas long as short
BloFin NFLX-USDT+0.0243%8h74.010−0.008%$47K$78K20xas long as short
Bybit NFLXUSDT+0.0249%8h73.960−0.075%$1.3M$886K50xas long as short
Phoenix NFLX+0.0249%1h73.944−0.097%$12K$77K10xas long as short