Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.070%

Price spread now: Binance against Bybit+0.021%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1691.690% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.156%+$16 on $10k

Price spread, last 7 days+0.051%+$5 · spread now +0.021%, 7d avg +0.077%

Together, before fees+0.208%+$21 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 0.056% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AZTECUSDT	0.01594	0.0100	pay 0.0050% / 4h	2h 09m	$1.5M	$1.3M	25x
Short	Binance AZTECUSDT	0.01594	0.0100	get 0.0050% / 4h	2h 09m	$1.9M	$4.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → +0.077%: −$5.63
Slippage, 4 orders: −$148.04
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$174.66
Costs to cover: 1.690%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago	6.27 bp	54.2 bp −$54	400.2 bp −$4,002	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	3.11 bp	26.4 bp −$26	114.4 bp −$1,144	doesn't fit	doesn't fit

AZTEC on 13 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	+0.0040%	4h	0.01594	+0.013%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01594	−0.019%	$57K	$106K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01595	+0.082%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01598	+0.276%	$7K	$21K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01594	+0.021%	$1.9M	$4.2M	25x
Bybit AZTECUSDTlong	+0.0100%	4h	0.01594	long leg	$1.5M	$1.3M	25x
Gate AZTEC_USDT	+0.0100%	8h	0.01597	+0.201%	$297K	$426K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01594	+0.013%	$228K	$115K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01598	+0.264%	$281K	$291K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01595	+0.075%	$341K	$287K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01597	+0.215%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01594	+0.019%	$56K	$453K	5x	as long as short
OKX AZTEC-USDT-SWAP	+0.0115%	4h	0.01595	+0.075%	$350K	$860K	20x	as long as short