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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h −0.104%
Price spread now: KuCoin against MEXC+0.307%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,338as in the Price arb table
costs, in and out, $10k−$1,37013.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.278%−$28 on $10k
Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.307%, 7d avg −0.008%
Together, before fees−0.565%−$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.315% dearer against MEXC than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.278%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AZTEC_USDT0.016290.0472pay 0.0236% / 4h3h 56m$236K$110K20x
ShortKuCoin AZTECUSDTM0.016340.0684get 0.0342% / 4h3h 56m$287K$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$44.52
Price spread: +0.307% → −0.008%
$31.53
Slippage, 4 orders
−$1,353.68
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,293.63
Costs to cover
13.697%
Break-even
210.4 days
Slippage from MEXC: live order book, 63 min ago; KuCoin: live order book, 64 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 MEXC live order book, 63 min ago3.07 bp8.1 bp −$864.3 bp −$643359.1 bp −$35.9K1014.5 bp −$507.3K
Sell KuCoin live order book, 64 min ago6.14 bp395.2 bp −$395doesn'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%4h0.016290.000%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01630+0.086%$72K$98K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01630+0.049%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.016290.000%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.016290.000%$303K$407K25xas long as short
Bitget AZTECUSDT+0.0100%4h0.01631+0.123%$351K$279K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01635+0.355%$65K$80Kas long as short
OKX AZTEC-USDT-SWAP+0.0157%4h0.01632+0.184%$363K$880K20xas long as short
BloFin AZTEC-USDT+0.0433%4h0.01636+0.430%$96K$31K25xas long as short
Extended AZTEC-USD+0.0472%1h0.01632+0.196%$58K$380K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AZTEC_USDTlong+0.0472%4h0.01629long leg$236K$110K20x
Binance AZTECUSDT+0.0473%4h0.01629+0.011%$1.9M$4.1M25xas long as short
Aster AZTECUSDT+0.0483%4h0.01632+0.169%$7K$21K5xas long as short
KuCoin AZTECUSDTMshort+0.0684%4h0.01634+0.307%$287K$286K20x