Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.019%

Price spread now: Extended against Binance−0.050%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$235as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2312.311% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.050%, 7d avg −0.017%

Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AZTECUSDT	0.01610	0.0431	pay 0.0216% / 4h	2h 55m	$1.9M	$4.2M	25x
Short	Extended AZTEC-USD	0.01609	0.0432	get 0.0054% / 1h	55m 00s	$58K	$452K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BinancebpFee ExtendedbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0.14
Price spread: −0.050% → −0.017%: −$3.3
Slippage, 4 orders: −$216.07
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$234.23
Costs to cover: 2.311%
Break-even: 11836.8 days

Slippage from Binance: live order book, 12 min ago; Extended: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	3.06 bp	30.3 bp −$30	160.4 bp −$1,604	doesn't fit	doesn't fit
Sell Extended live order book, 13 min ago	12.20 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit

AZTEC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AZTEC-USDT	+0.0070%	4h	0.01610	+0.005%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01607	−0.169%	$62K	$101K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01611	+0.036%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01607	−0.188%	$1.5M	$1.3M	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01610	+0.005%	$340K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01606	−0.259%	$64K	$84K	—	as long as short
Gate AZTEC_USDT	+0.0316%	8h	0.01608	−0.120%	$298K	$417K	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0405%	4h	0.01612	+0.129%	$360K	$862K	20x	as long as short
BloFin AZTEC-USDT	+0.0414%	4h	0.01613	+0.191%	$96K	$31K	25x	as long as short
MEXC AZTEC_USDT	+0.0430%	4h	0.01609	−0.057%	$233K	$112K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AZTECUSDTlong	+0.0431%	4h	0.01610	long leg	$1.9M	$4.2M	25x
Extended AZTEC-USDshort	+0.0432%	1h	0.01609	−0.050%	$58K	$452K	5x
Aster AZTECUSDT	+0.0449%	4h	0.01610	+0.001%	$7K	$21K	5x	as long as short
KuCoin AZTECUSDTM	+0.0452%	4h	0.01612	+0.129%	$282K	$291K	20x	as long as short