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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.114%

Price spread now: Binance against Bitget−0.062%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1231.228% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.266%+$27 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.062%, 7d avg +0.044%

Together, before fees+0.198%+$20 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: Binance is 0.105% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AZTECUSDT	0.01624	0.0100	pay 0.0050% / 4h	1h 39m	$359K	$277K	20x
Short	Binance AZTECUSDT	0.01623	0.0100	get 0.0050% / 4h	1h 39m	$1.9M	$4.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.062%Rate

Funding earned: $0
Price spread: −0.062% → +0.044%: −$10.53
Slippage, 4 orders: −$100.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$133.34
Costs to cover: 1.228%
Break-even: never at this rate

Slippage from Bitget: live order book, 36 min ago; Binance: 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 Bitget live order book, 36 min ago	9.22 bp	24.4 bp −$24	240.3 bp −$2,403	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	3.08 bp	30.4 bp −$30	135.7 bp −$1,357	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	0.01624	0.000%	—	$1.7M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01621	−0.172%	$79K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01624	+0.031%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01623	−0.085%	$7K	$21K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01623	−0.062%	$1.9M	$4.1M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01622	−0.123%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01620	−0.246%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01623	−0.062%	$243K	$105K	20x	as long as short
Bitget AZTECUSDTlong	+0.0100%	4h	0.01624	long leg	$359K	$277K	20x
Variational Omni AZTEC	+0.0100%	4h	0.01626	+0.112%	$65K	$81K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AZTEC-USDT-SWAP	+0.0102%	4h	0.01627	+0.185%	$364K	$893K	20x	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01623	−0.032%	$57K	$384K	5x	as long as short
BloFin AZTEC-USDT	+0.0122%	4h	0.01625	+0.062%	$97K	$28K	25x	as long as short
KuCoin AZTECUSDTM	+0.0286%	4h	0.01626	+0.123%	$285K	$287K	20x	as long as short