Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Bitget against Lighter+0.265%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.927%−$93 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.265% dearer against Lighter than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AZTEC	0.01621	0.0096	pay 0.0012% / 1h	10m 34s	$73K	$100K	3x
Short	Bitget AZTECUSDT	0.01625	0.0100	get 0.0050% / 4h	10m 34s	$350K	$279K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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 LighterbpFee BitgetbpOrdersPrice spread, now +0.265%Rate

Funding earned: $0.84
Price spread: +0.265% → 0.000%: $26.53
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: $15.37
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 60 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Bitget live order book, 60 min ago	3.08 bp	35.3 bp −$35	129.3 bp −$1,293	doesn't fit	doesn't fit

Lighter: 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	0.01624	+0.204%	—	$1.6M	—	as long as short
Lighter AZTEClong	+0.0096%	1h	0.01621	long leg	$73K	$100K	3x
Hyperliquid AZTEC	+0.0100%	1h	0.01625	+0.259%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01621	+0.019%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01622	+0.080%	$296K	$429K	25x	as long as short
Bitget AZTECUSDTshort	+0.0100%	4h	0.01625	+0.265%	$350K	$279K	20x
Variational Omni AZTEC	+0.0100%	4h	0.01622	+0.066%	$65K	$80K	—	as long as short
OKX AZTEC-USDT-SWAP	+0.0126%	4h	0.01625	+0.265%	$362K	$877K	20x	as long as short
Aster AZTECUSDT	+0.0334%	4h	0.01622	+0.059%	$7K	$21K	5x	as long as short
Extended AZTEC-USD	+0.0344%	1h	0.01623	+0.169%	$57K	$383K	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	+0.0344%	4h	0.01622	+0.080%	$235K	$114K	20x	as long as short
Binance AZTECUSDT	+0.0344%	4h	0.01623	+0.142%	$1.9M	$4.1M	25x	as long as short
BloFin AZTEC-USDT	+0.0349%	4h	0.01624	+0.204%	$96K	$30K	25x	as long as short
KuCoin AZTECUSDTM	+0.0592%	4h	0.01623	+0.142%	$285K	$286K	20x	as long as short