Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Gate against KuCoin−0.186%7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,818as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,823as in the Price arb table

costs, in and out, $10k−$1,81518.153% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.186%, 7d avg −0.104%

Together, before fees−0.008%−$1 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: Gate is 0.082% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.104%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AZTECUSDTM	0.01617	0.0100	pay 0.0050% / 4h	2h 36m	$284K	$288K	20x
Short	Gate AZTEC_USDT	0.01614	0.0100	get 0.0100% / 8h	2h 36m	$295K	$430K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.186%Rate

Funding earned: $0
Price spread: −0.186% → −0.104%: −$8.18
Slippage, 4 orders: −$1,788.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,823.49
Costs to cover: 18.153%
Break-even: never at this rate

Slippage from KuCoin: live order book, 44 min ago; Gate: live order book, 49 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 KuCoin live order book, 44 min ago	9.20 bp	1333.3 bp −$1,333	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 49 min ago	9.19 bp	35.3 bp −$35	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	0.01617	0.000%	—	$1.6M	—	as long as short
BloFin AZTEC-USDT	+0.0062%	4h	0.01616	−0.062%	$97K	$28K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01613	−0.272%	$81K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01617	−0.019%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01614	−0.169%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01616	−0.079%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01615	−0.142%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01620	+0.186%	$363K	$892K	20x	as long as short
Gate AZTEC_USDTshort	+0.0100%	8h	0.01614	−0.186%	$295K	$430K	25x
MEXC AZTEC_USDT	+0.0100%	4h	0.01615	−0.124%	$243K	$106K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTMlong	+0.0100%	4h	0.01617	long leg	$284K	$288K	20x
Bitget AZTECUSDT	+0.0100%	4h	0.01617	0.000%	$358K	$277K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01616	−0.092%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01616	−0.088%	$57K	$387K	5x	as long as short