Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0324%/8h= +35.4% APRpaid last 24h +0.026%

Price spread now: BloFin against Hyperliquid−0.147%47s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.466%−$47 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.147% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 36 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.466%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AZTEC	0.01633	0.0100	pay 0.0013% / 1h	44m 13s	$1.1M	$1.2M	3x
Short	BloFin AZTEC-USDT	0.01631	0.0424	get 0.0212% / 4h	3h 44m	$96K	$31K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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 HyperliquidbpFee BloFinbpOrdersPrice spread, now −0.147%Rate

Funding earned: $67.94
Price spread: −0.147% → 0.000%: −$14.69
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $32.24
Costs to cover: 0.210%
Break-even: 3.7 days

Slippage unknown: Hyperliquid: live order book, 6 min ago; BloFin: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 6 min ago	2.16 bp	26.2 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0070%	4h	0.01633	−0.024%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01631	−0.178%	$69K	$101K	3x	as long as short
Hyperliquid AZTEClong	+0.0100%	1h	0.01633	long leg	$1.1M	$1.2M	3x
Bybit AZTECUSDT	+0.0100%	4h	0.01633	−0.043%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01632	−0.086%	$303K	$413K	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01632	−0.086%	$348K	$281K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01633	−0.040%	$65K	$80K	—	as long as short
OKX AZTEC-USDT-SWAP	+0.0166%	4h	0.01635	+0.098%	$365K	$875K	20x	as long as short
BloFin AZTEC-USDTshort	+0.0424%	4h	0.01631	−0.147%	$96K	$31K	25x
Extended AZTEC-USD	+0.0424%	1h	0.01633	−0.045%	$57K	$431K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AZTEC_USDT	+0.0424%	4h	0.01632	−0.086%	$237K	$111K	20x	as long as short
Binance AZTECUSDT	+0.0427%	4h	0.01633	−0.019%	$2.0M	$4.2M	25x	as long as short
Aster AZTECUSDT	+0.0440%	4h	0.01632	−0.111%	$7K	$21K	5x	as long as short
KuCoin AZTECUSDTM	+0.0604%	4h	0.01634	+0.037%	$287K	$286K	20x	as long as short