Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.113%

Price spread now: BloFin against Lighter+0.151%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 BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.618%−$62 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.151% dearer against Lighter than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.618%, 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	Lighter AZTEC	0.01595	0.0096	pay 0.0012% / 1h	50m 31s	$56K	$107K	3x
Short	BloFin AZTEC-USDT	0.01597	0.0131	get 0.0065% / 4h	50m 31s	$95K	$32K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.151%Rate

Funding earned: $7.29
Price spread: +0.151% → 0.000%: $15.05
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $10.34
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Lighter: live order book, 54 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 Lighter live order book, 54 min ago	24.70 bp	29.1 bp −$29	76.8 bp −$768	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	+0.0036%	4h	0.01595	+0.025%	—	$1.6M	—	as long as short
Lighter AZTEClong	+0.0096%	1h	0.01595	long leg	$56K	$107K	3x
Hyperliquid AZTEC	+0.0100%	1h	0.01598	+0.226%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01598	+0.184%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01595	+0.025%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01594	−0.044%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01595	+0.025%	$291K	$422K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01595	+0.025%	$228K	$113K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01599	+0.276%	$302K	$300K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01597	+0.151%	$342K	$276K	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	0.01594	−0.055%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01594	−0.032%	$56K	$453K	5x	as long as short
BloFin AZTEC-USDTshort	+0.0131%	4h	0.01597	+0.151%	$95K	$32K	25x
OKX AZTEC-USDT-SWAP	+0.0143%	4h	0.01596	+0.088%	$348K	$857K	20x	as long as short