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+0.0330%/8h= +36.1% APRnext payment +$1.65 per $10,000 · paid last 24h +0.110%
Price spread now: MEXC against Bitget+0.062%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$990.988% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.282%+$28 on $10k
Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.062%, 7d avg +0.021%
Together, before fees+0.117%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and MEXC is 0.042% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AZTECUSDT0.016070.0100pay 0.0050% / 4h2h 54m$339K$283K20x
ShortMEXC AZTEC_USDT0.016080.0430get 0.0215% / 4h2h 54m$233K$112K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$69.3
Price spread: +0.062% → +0.021%
$4.15
Slippage, 4 orders
−$82.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$25.3
Costs to cover
0.988%
Break-even
9.6 days
Slippage from Bitget: live order book, 6 min ago; MEXC: live order book, 60 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 Bitget live order book, 6 min ago6.17 bp31.5 bp −$32410.5 bp −$4,105doesn't fitdoesn't fit
Sell MEXC live order book, 60 min ago3.07 bp10.1 bp −$1060.9 bp −$609352.2 bp −$35.2K954.0 bp −$477.0K

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-USDT+0.0070%4h0.01608+0.062%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01607+0.019%$62K$101K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01607+0.031%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01605−0.124%$1.5M$1.3M25xas long as short
Bitget AZTECUSDTlong+0.0100%4h0.01607long leg$339K$283K20x
Variational Omni AZTEC+0.0100%4h0.01606−0.078%$64K$84Kas long as short
Gate AZTEC_USDT+0.0291%8h0.01609+0.124%$298K$417K25xas long as short
OKX AZTEC-USDT-SWAP+0.0398%4h0.01609+0.124%$359K$861K20xas long as short
BloFin AZTEC-USDT+0.0414%4h0.01613+0.373%$96K$31K25xas long as short
Binance AZTECUSDT+0.0417%4h0.01608+0.047%$1.9M$4.2M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AZTEC_USDTshort+0.0430%4h0.01608+0.062%$233K$112K20x
Extended AZTEC-USD+0.0432%1h0.01607+0.023%$58K$452K5xas long as short
Aster AZTECUSDT+0.0434%4h0.01610+0.183%$7K$21K5xas long as short
KuCoin AZTECUSDTM+0.0452%4h0.01611+0.249%$282K$291K20xas long as short