Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.125%

Price spread now: Binance against Bitget−0.098%7-day average +0.046% · you buy dearer than you sell

to open and close $10k−$112fees + slippage, both legs, in and out

costs, in % of the position1.122%what the two incomes have to cover

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.266%+$27 on $10k

Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.098%, 7d avg +0.046%

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 0.143% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AZTECUSDT	0.01618	0.0100	pay 0.0050% / 4h	34m 01s	$365K	$277K	20x
Short	Binance AZTECUSDT	0.01616	0.0100	get 0.0050% / 4h	34m 01s	$1.9M	$4.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.098%Rate

Funding earned: $0
Price spread: −0.098% → +0.046%: −$14.35
Slippage, 4 orders: −$90.2
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$126.55
Costs to cover: 1.122%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 1 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 Bitget live order book, 2 min ago	9.27 bp	32.2 bp −$32	239.6 bp −$2,396	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	6.19 bp	23.7 bp −$24	128.8 bp −$1,288	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	0.01616	−0.124%	—	$1.7M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01613	−0.328%	$82K	$132K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01615	−0.167%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01616	−0.099%	$7K	$21K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01616	−0.098%	$1.9M	$4.2M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01614	−0.229%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01618	0.000%	$362K	$891K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01614	−0.247%	$301K	$431K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01615	−0.185%	$243K	$107K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01617	−0.062%	$283K	$285K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDTlong	+0.0100%	4h	0.01618	long leg	$365K	$277K	20x
Variational Omni AZTEC	+0.0100%	4h	0.01616	−0.123%	$65K	$82K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01616	−0.099%	$57K	$385K	5x	as long as short
BloFin AZTEC-USDT	+0.0124%	4h	0.01617	−0.062%	$101K	$24K	25x	as long as short