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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.086%
Price spread now: Lighter against Binance+0.013%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.629%+$63 on $10k
Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.013%, 7d avg +0.049%
Together, before fees+0.750%+ Points / potential airdropLighter: Season 3 · farm board+$75 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: Lighter is 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AZTECUSDT0.015810.0100pay 0.0050% / 4h1h 56m$1.9M$4.4M25x
ShortLighter AZTEC0.015810.0096get 0.0012% / 1h56m 08s$56K$100K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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: +0.013% → +0.049%
−$3.64
Slippage, 4 orders
−$111.36
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$125.84
Costs to cover
1.214%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Lighter: live order book, 29 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 Binance live order book, 11 min ago3.14 bp27.3 bp −$27172.3 bp −$1,723doesn't fitdoesn't fit
Sell Lighter live order book, 29 min ago16.24 bp22.2 bp −$2275.0 bp −$750doesn'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%4h0.015810.000%$1.6Mas long as short
BloFin AZTEC-USDT+0.0052%4h0.01586+0.316%$91K$36K25xas long as short
Lighter AZTECshort+0.0096%1h0.01581+0.013%$56K$100K3x
Hyperliquid AZTEC+0.0100%1h0.015810.000%$1.1M$1.2M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01582+0.058%$9K$24K5xas long as short
Binance AZTECUSDTlong+0.0100%4h0.01581long leg$1.9M$4.4M25x
Bybit AZTECUSDT+0.0100%4h0.01580−0.063%$1.5M$1.3M25xas long as short
OKX AZTEC-USDT-SWAP+0.0100%4h0.015810.000%$324K$895K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01583+0.127%$294K$413K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01580−0.063%$223K$120K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AZTECUSDTM+0.0100%4h0.01585+0.253%$282K$315K20xas long as short
Bitget AZTECUSDT+0.0100%4h0.01583+0.127%$374K$329K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01584+0.171%$63K$65Kas long as short
Extended AZTEC-USD+0.0104%1h0.01581+0.006%$56K$452K5xas long as short