Settings8H · net · $10k
Funding arb · Price arb /

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: Extended against Hyperliquid−0.078%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2692.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.526%−$53 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.078%, 7d avg −0.105%
Together, before fees−0.561%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.027% dearer against Hyperliquid than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.105%. Mind the row above: over the last 7 days funding on this pair cost −0.526%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AZTEC0.016310.0100pay 0.0013% / 1h37m 38s$1.1M$1.2M3x
ShortExtended AZTEC-USD0.016290.0240get 0.0030% / 1h37m 38s$57K$383K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$29.4
Price spread: −0.078% → −0.105%
$2.69
Slippage, 4 orders
−$255.2
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$237.11
Costs to cover
2.692%
Break-even
63.5 days
Slippage from Hyperliquid: live order book, 3 min ago; Extended: live order book, 40 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 Hyperliquid live order book, 3 min ago2.15 bp20.7 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 40 min ago12.33 bp49.3 bp −$49doesn'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%4h0.01629−0.092%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01626−0.264%$76K$97K3xas long as short
Hyperliquid AZTEClong+0.0100%1h0.01631long leg$1.1M$1.2M3x
Bybit AZTECUSDT+0.0100%4h0.01629−0.092%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01628−0.153%$297K$428K25xas long as short
Bitget AZTECUSDT+0.0100%4h0.01630−0.031%$353K$282K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01629−0.104%$65K$81Kas long as short
OKX AZTEC-USDT-SWAP+0.0111%4h0.01632+0.092%$364K$883K20xas long as short
BloFin AZTEC-USDT+0.0211%4h0.01628−0.153%$97K$28K25xas long as short
Aster AZTECUSDT+0.0238%4h0.01628−0.139%$7K$21K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AZTEC-USDshort+0.0240%1h0.01629−0.078%$57K$383K5x
MEXC AZTEC_USDT+0.0240%4h0.01630−0.031%$219K$109K20xas long as short
Binance AZTECUSDT+0.0241%4h0.01629−0.092%$1.9M$4.1M25xas long as short
KuCoin AZTECUSDTM+0.0560%4h0.01630−0.031%$286K$287K20xas long as short