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

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment $1.79 per $10,000 · paid last 24h −0.063%
Price spread now: Phemex against Variational Omni+0.047%7-day average +0.016% · you sell dearer than you buy
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 3 days (all we have)−0.098%−$10 on $10k
Price spread, last 3 days (all we have)+0.052%+$5 · spread now +0.047%, 7d avg +0.016%
Together, before fees−0.047%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.030% dearer against Variational Omni than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.016%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NFLX73.5160.0179pay 0.0179% / 8h41m 17s$120K$106K
ShortPhemex NFLXUSDT73.5500get 0.0000% / 8h41m 17s$1.4M$329K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$37.57
Price spread: +0.047% → +0.016%
$3.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$46.55
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Phemex: live order book, 2 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, 38 min ago2.89 bpdoesn't fit45.7 bp −$457doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago1.36 bp42.3 bp −$42doesn'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%8h73.442−0.100%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.520+0.006%$873K$990K20xas long as short
QFEX NFLX-USD0.0000%1h73.450−0.090%$1.1M$1.5M10xas long as short
Gate NFLX_USDT0.0000%8h73.570+0.074%$1.3M$1.2M25xas long as short
SunX NFLX-USDT0.0000%8h73.531+0.021%$2K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.502−0.019%$10K$52K20xas long as short
Phemex NFLXUSDTshort0.0000%8h73.550+0.047%$1.4M$329K10x
Vest NFLX-USD-PERP+0.0046%1h73.440−0.103%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.434−0.111%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.434−0.111%$5.1M$3.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.420−0.130%$68K$172K10xas long as short
KuCoin NFLXUSDTM+0.0100%8h73.450−0.090%$152K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.514−0.003%$22510xas long as short
Bitget NFLXUSDT+0.0116%8h73.520+0.006%$4.2M$637K50xas long as short
Variational Omni NFLXlong+0.0179%8h73.516long leg$120K$106K
Binance NFLXUSDT+0.0184%8h73.526+0.014%$5.4M$5.4M20xas long as short
Phoenix NFLX+0.0207%1h73.492−0.032%$12K$77K10xas long as short
Injective NFLX/USDC PERP+0.0220%1h77.830+5.868%$87K$64K12xas long as short
GRVT NFLX_USDT_Perp+0.0299%8h73.520+0.006%$834$157K10xas long as short
BloFin NFLX-USDT+0.0306%8h73.530+0.019%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0391%8h73.540+0.033%$1.3M$1.0M50xas long as short