Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.101%

Price spread now: Gate against Binance−0.308%7-day average −0.139% · you buy dearer than you sell

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1341.340% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.307%−$31 on $10k

Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.308%, 7d avg −0.139%

Together, before fees−0.034%−$3 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: Gate is 0.169% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AZTECUSDT	0.01624	0.0100	pay 0.0050% / 4h	1h 56m	$1.9M	$4.1M	25x
Short	Gate AZTEC_USDT	0.01619	0.0100	get 0.0100% / 8h	1h 56m	$295K	$428K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.308%Rate

Funding earned: $0
Price spread: −0.308% → −0.139%: −$16.91
Slippage, 4 orders: −$109.04
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$150.95
Costs to cover: 1.340%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 24 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, 10 min ago	6.17 bp	28.3 bp −$28	156.8 bp −$1,568	doesn't fit	doesn't fit
Sell Gate live order book, 24 min ago	9.23 bp	39.3 bp −$39	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	+0.0036%	4h	0.01623	−0.062%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01621	−0.216%	$81K	$95K	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01619	−0.280%	$7K	$21K	5x	as long as short
Binance AZTECUSDTlong	+0.0100%	4h	0.01624	long leg	$1.9M	$4.1M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01622	−0.154%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01623	−0.062%	$363K	$891K	20x	as long as short
Gate AZTEC_USDTshort	+0.0100%	8h	0.01619	−0.308%	$295K	$428K	25x
MEXC AZTEC_USDT	+0.0100%	4h	0.01622	−0.123%	$243K	$104K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01623	−0.062%	$359K	$276K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01616	−0.496%	$65K	$81K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AZTEC-USD	+0.0104%	1h	0.01622	−0.107%	$57K	$387K	5x	as long as short
KuCoin AZTECUSDTM	+0.0110%	4h	0.01619	−0.308%	$284K	$287K	20x	as long as short
Hyperliquid AZTEC	+0.0132%	1h	0.01622	−0.092%	$1.1M	$1.2M	3x	as long as short
BloFin AZTEC-USDT	+0.0160%	4h	0.01621	−0.185%	$97K	$31K	25x	as long as short