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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.054%

Price spread now: Binance against OKX−0.492%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$188as in the Price arb table

costs, in and out, $10k−$1431.425% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 7 days+0.397%+$40 · spread now −0.492%, 7d avg −0.035%

Together, before fees+0.288%+$29 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: Binance is 0.457% cheaper against OKX than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AZTEC-USDT-SWAP	0.01625	0.0100	pay 0.0050% / 4h	2h 54m	$365K	$894K	20x
Short	Binance AZTECUSDT	0.01617	0.0100	get 0.0050% / 4h	2h 54m	$1.9M	$4.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.492%Rate

Funding earned: $0
Price spread: −0.492% → −0.035%: −$45.74
Slippage, 4 orders: −$122.5
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$188.24
Costs to cover: 1.425%
Break-even: never at this rate

Slippage from OKX: live order book, 32 min ago; Binance: live order book, 13 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 OKX live order book, 32 min ago	6.12 bp	37.4 bp −$37	2609.5 bp −$26.1K	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	6.14 bp	30.2 bp −$30	127.3 bp −$1,273	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	−0.492%	—	$1.7M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01614	−0.646%	$81K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01618	−0.431%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01620	−0.281%	$7K	$21K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01617	−0.492%	$1.9M	$4.2M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01617	−0.480%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPlong	+0.0100%	4h	0.01625	long leg	$365K	$894K	20x
Gate AZTEC_USDT	+0.0100%	8h	0.01622	−0.185%	$296K	$426K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01617	−0.492%	$243K	$105K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01622	−0.185%	$286K	$288K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01617	−0.492%	$357K	$273K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01622	−0.154%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01617	−0.503%	$57K	$387K	5x	as long as short
BloFin AZTEC-USDT	+0.0115%	4h	0.01623	−0.123%	$98K	$24K	25x	as long as short