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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.32 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Binance−0.053%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 7 days−0.019%−$2 · spread now −0.053%, 7d avg −0.008%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AZTECUSDT0.016260.0100pay 0.0050% / 4h1h 55m$1.9M$4.1M25x
ShortBingX AZTEC-USDT0.016250.0036get 0.0018% / 4h1h 55m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
−$13.44
Price spread: −0.053% → −0.008%
−$4.5
Slippage, 4 orders
−$97.6
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$135.54
Costs to cover
1.176%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 6 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 Binance live order book, 11 min ago6.17 bp28.3 bp −$28156.8 bp −$1,568doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago9.27 bp30.6 bp −$3196.8 bp −$968712.4 bp −$71.2K1161.7 bp −$580.9K

AZTEC on 14 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
BingX AZTEC-USDTshort+0.0036%4h0.01625−0.053%$1.7M
Lighter AZTEC+0.0096%1h0.01622−0.207%$81K$95K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01625−0.053%$1.1M$1.2M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01622−0.239%$7K$21K5xas long as short
Binance AZTECUSDTlong+0.0100%4h0.01626long leg$1.9M$4.1M25x
Bybit AZTECUSDT+0.0100%4h0.01623−0.145%$1.5M$1.3M25xas long as short
OKX AZTEC-USDT-SWAP+0.0100%4h0.01626+0.009%$364K$893K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01621−0.299%$295K$428K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01624−0.114%$244K$104K20xas long as short
Bitget AZTECUSDT+0.0100%4h0.01624−0.114%$359K$276K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AZTEC+0.0100%4h0.01616−0.610%$65K$81Kas long as short
Extended AZTEC-USD+0.0104%1h0.01625−0.068%$57K$387K5xas long as short
KuCoin AZTECUSDTM+0.0122%4h0.01624−0.114%$285K$287K20xas long as short
BloFin AZTEC-USDT+0.0160%4h0.01621−0.299%$97K$31K25xas long as short