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+0.0305%/8h= +33.4% APRnext payment +$1.53 per $10,000 · paid last 24h +0.159%
Price spread now: OKX against Bitget+0.062%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.377%+$38 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.062%, 7d avg +0.094%
Together, before fees+0.276%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.032% cheaper against Bitget than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.094%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AZTECUSDT0.016090.0100pay 0.0050% / 4h2h 54m$340K$283K20x
ShortOKX AZTEC-USDT-SWAP0.016100.0405get 0.0203% / 4h2h 54m$360K$862K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$64.12
Price spread: +0.062% → +0.094%
−$3.16
Slippage, 4 orders
−$131.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$92.46
Costs to cover
1.534%
Break-even
17.1 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 11 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, 5 min ago6.17 bp31.5 bp −$32410.5 bp −$4,105doesn't fitdoesn't fit
Sell OKX live order book, 11 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-USDT+0.0070%4h0.01608−0.062%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01607−0.112%$62K$101K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01611+0.093%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01607−0.124%$1.5M$1.3M25xas long as short
Bitget AZTECUSDTlong+0.0100%4h0.01609long leg$340K$283K20x
Variational Omni AZTEC+0.0100%4h0.01606−0.202%$64K$84Kas long as short
Gate AZTEC_USDT+0.0316%8h0.016090.000%$298K$417K25xas long as short
OKX AZTEC-USDT-SWAPshort+0.0405%4h0.01610+0.062%$360K$862K20x
BloFin AZTEC-USDT+0.0414%4h0.01613+0.249%$96K$31K25xas long as short
MEXC AZTEC_USDT+0.0430%4h0.016090.000%$233K$112K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AZTECUSDT+0.0431%4h0.01609+0.027%$1.9M$4.2M25xas long as short
Extended AZTEC-USD+0.0432%1h0.01610+0.069%$58K$452K5xas long as short
Aster AZTECUSDT+0.0449%4h0.01610+0.058%$7K$21K5xas long as short
KuCoin AZTECUSDTM+0.0452%4h0.01611+0.124%$282K$291K20xas long as short