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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.063%
Price spread now: Hyperliquid against Lighter0.000%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now 0.000%, 7d avg +0.036%
Together, before fees−0.185%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$19 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: Hyperliquid is 0.036% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AZTEC0.015680.0096pay 0.0012% / 1h24m 13s$55K$98K3x
ShortHyperliquid AZTEC0.015680.0100get 0.0013% / 1h24m 13s$1.1M$1.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0.84
Price spread: 0.000% → +0.036%
−$3.57
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$11.73
Costs to cover
0.090%
Break-even
104.7 days
Slippage unknown: Lighter: live order book, 51 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 51 min ago22.78 bp29.0 bp −$2982.1 bp −$821doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago2.23 bpdoesn't fitdoesn'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+0.0036%4h0.01567−0.045%$1.6Mas long as short
BloFin AZTEC-USDT+0.0082%4h0.01569+0.083%$90K$36K25xas long as short
Lighter AZTEClong+0.0096%1h0.01568long leg$55K$98K3x
Hyperliquid AZTECshort+0.0100%1h0.015680.000%$1.1M$1.1M3x
Aster AZTECUSDT+0.0100%4h0.01569+0.051%$9K$24K5xas long as short
Binance AZTECUSDT+0.0100%4h0.01567−0.030%$1.9M$4.3M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.01565−0.159%$1.4M$1.3M25xas long as short
OKX AZTEC-USDT-SWAP+0.0100%4h0.01567−0.045%$324K$872K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01566−0.108%$283K$414K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01567−0.045%$221K$121K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AZTECUSDTM+0.0100%4h0.01570+0.147%$281K$316K20xas long as short
Bitget AZTECUSDT+0.0100%4h0.01569+0.083%$367K$338K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01567−0.031%$62K$65Kas long as short
Extended AZTEC-USD+0.0104%1h0.01566−0.087%$55K$473K5xas long as short