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+0.0328%/8h= +36.0% APRnext payment +$1.64 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against BingX−0.186%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days+0.210%+$21 · spread now −0.186%, 7d avg +0.041%
Together, before fees+0.177%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.227% cheaper against BingX than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of +0.041%). If the spread goes back, that is −$23 on $10k: about 2.3 days of funding at the current rate (+$10 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AZTEC-USDT0.016120.0070pay 0.0035% / 4h2h 53m$1.6M
ShortOKX AZTEC-USDT-SWAP0.016090.0398get 0.0199% / 4h2h 53m$359K$861K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$68.98
Price spread: −0.186% → +0.041%
−$22.72
Slippage, 4 orders
−$121.89
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$95.63
Costs to cover
1.419%
Break-even
16.7 days
Slippage from BingX: live order book, 8 min ago; OKX: live order book, 12 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, 8 min ago9.25 bp32.1 bp −$32103.1 bp −$1,0311078.0 bp −$107.8Kdoesn't fit
Sell OKX live order book, 12 min ago6.11 bp44.6 bp −$45doesn't fitdoesn't fitdoesn't fit

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-USDTlong+0.0070%4h0.01612long leg$1.6M
Lighter AZTEC+0.0096%1h0.01611−0.062%$62K$101K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01612−0.006%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01611−0.062%$1.5M$1.3M25xas long as short
Bitget AZTECUSDT+0.0100%4h0.016120.000%$340K$283K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01606−0.388%$64K$84Kas long as short
Gate AZTEC_USDT+0.0291%8h0.01609−0.186%$300K$419K25xas long as short
OKX AZTEC-USDT-SWAPshort+0.0398%4h0.01609−0.186%$359K$861K20x
Binance AZTECUSDT+0.0407%4h0.01612+0.022%$1.9M$4.2M25xas long as short
BloFin AZTEC-USDT+0.0414%4h0.01613+0.062%$96K$31K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AZTEC-USD+0.0416%1h0.01612−0.024%$58K$452K5xas long as short
MEXC AZTEC_USDT+0.0430%4h0.01611−0.062%$233K$112K20xas long as short
Aster AZTECUSDT+0.0434%4h0.01610−0.118%$7K$21K5xas long as short
KuCoin AZTECUSDTM+0.0444%4h0.01611−0.062%$283K$291K20xas long as short