Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.092%

Price spread now: Extended against Bitget−0.057%7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$293as in the Funding arb table

Net, price: spread back to 7d avg − costs−$327as in the Price arb table

costs, in and out, $10k−$3183.179% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.247%+$25 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now −0.057%, 7d avg +0.030%

Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 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 0.087% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AZTECUSDT	0.01598	0.0100	pay 0.0050% / 4h	1h 45m	$342K	$279K	20x
Short	Extended AZTEC-USD	0.01597	0.0104	get 0.0013% / 1h	45m 27s	$56K	$456K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0.84
Price spread: −0.057% → +0.030%: −$8.7
Slippage, 4 orders: −$300.89
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$325.75
Costs to cover: 3.179%
Break-even: 2721.6 days

Slippage from Bitget: live order book, 10 min ago; Extended: live order book, 17 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, 10 min ago	6.24 bp	34.8 bp −$35	470.2 bp −$4,702	doesn't fit	doesn't fit
Sell Extended live order book, 17 min ago	12.20 bp	48.8 bp −$49	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	0.01598	0.000%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01595	−0.213%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01599	+0.044%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01593	−0.313%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01596	−0.123%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01595	−0.207%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01598	0.000%	$351K	$854K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01593	−0.313%	$295K	$421K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01596	−0.125%	$228K	$113K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01596	−0.125%	$301K	$295K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDTlong	+0.0100%	4h	0.01598	long leg	$342K	$279K	20x
Variational Omni AZTEC	+0.0100%	4h	0.01594	−0.236%	$64K	$85K	—	as long as short
Extended AZTEC-USDshort	+0.0104%	1h	0.01597	−0.057%	$56K	$456K	5x
BloFin AZTEC-USDT	+0.0160%	4h	0.01593	−0.313%	—	$31K	25x	as long as short