Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h −0.091%

Price spread now: KuCoin against Extended−0.045%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,858as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,836as in the Price arb table

costs, in and out, $10k−$1,83318.332% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.249%−$25 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.045%, 7d avg −0.017%

Together, before fees−0.167%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.028% cheaper against Extended than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.017%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.249%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AZTEC-USD	0.01624	0.0104	pay 0.0013% / 1h	35m 34s	$57K	$384K	5x
Short	KuCoin AZTECUSDTM	0.01623	0.0296	get 0.0148% / 4h	1h 35m	$285K	$287K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now −0.045%Rate

Funding earned: $40.32
Price spread: −0.045% → −0.017%: −$2.79
Slippage, 4 orders: −$1,816.17
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,795.64
Costs to cover: 18.332%
Break-even: 318.7 days

Slippage from Extended: live order book, 47 min ago; KuCoin: live order book, 35 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 Extended live order book, 47 min ago	13.52 bp	152.7 bp −$153	738.9 bp −$7,389	doesn't fit	doesn't fit
Sell KuCoin live order book, 35 min ago	21.53 bp	378.6 bp −$379	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	0.01624	+0.017%	—	$1.7M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01621	−0.187%	$79K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01624	+0.029%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01621	−0.156%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01624	−0.013%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01622	−0.107%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01624	+0.017%	$363K	$891K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01619	−0.291%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01622	−0.107%	$243K	$105K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01625	+0.078%	$359K	$277K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01626	+0.128%	$65K	$81K	—	as long as short
Extended AZTEC-USDlong	+0.0104%	1h	0.01624	long leg	$57K	$384K	5x
BloFin AZTEC-USDT	+0.0138%	4h	0.01623	−0.045%	$96K	$28K	25x	as long as short
KuCoin AZTECUSDTMshort	+0.0296%	4h	0.01623	−0.045%	$285K	$287K	20x