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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.120%
Price spread now: Bitget against BingX0.000%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.410%−$41 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now 0.000%, 7d avg −0.054%
Together, before fees−0.379%−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.410%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AZTEC-USDT0.015990.0058pay 0.0029% / 4h2h 12m$1.6M
ShortBitget AZTECUSDT0.015990.0100get 0.0050% / 4h2h 12m$342K$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$8.82
Price spread: 0.000% → −0.054%
$5.45
Slippage, 4 orders
−$115.26
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$123
Costs to cover
1.373%
Break-even
104.6 days
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 48 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 BingX live order book, 4 min ago9.40 bp33.0 bp −$3399.8 bp −$998976.3 bp −$97.6Kdoesn't fit
Sell Bitget live order book, 48 min ago6.17 bp41.1 bp −$41267.1 bp −$2,671doesn't fitdoesn't fit

AZTEC on 13 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-USDTlong+0.0058%4h0.01599long leg$1.6M
Lighter AZTEC+0.0096%1h0.01598−0.075%$58K$106K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01599+0.019%$1.1M$1.2M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01600+0.065%$7K$21K5xas long as short
Binance AZTECUSDT+0.0100%4h0.015990.000%$1.9M$4.2M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.01597−0.106%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01597−0.125%$297K$423K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01598−0.063%$228K$115K20xas long as short
KuCoin AZTECUSDTM+0.0100%4h0.01600+0.063%$282K$291K20xas long as short
Bitget AZTECUSDTshort+0.0100%4h0.015990.000%$342K$287K20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AZTEC+0.0100%4h0.01596−0.206%$64K$85Kas long as short
Extended AZTEC-USD+0.0104%1h0.01598−0.041%$56K$453K5xas long as short
OKX AZTEC-USDT-SWAP+0.0132%4h0.01602+0.188%$351K$864K20xas long as short