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+0.0075%/8h= +8.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.159%
Price spread now: OKX against Bitget+0.125%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.377%+$38 on $10k
Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.125%, 7d avg +0.095%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AZTECUSDT0.016040.0100pay 0.0050% / 4h1h 10m$344K$279K20x
ShortOKX AZTEC-USDT-SWAP0.016060.0175get 0.0087% / 4h1h 10m$352K$870K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$15.75
Price spread: +0.125% → +0.095%
$2.95
Slippage, 4 orders
−$148.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$151.96
Costs to cover
1.707%
Break-even
74.5 days
Slippage from Bitget: live order book, 44 min ago; OKX: live order book, 50 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 Bitget live order book, 44 min ago6.24 bp34.8 bp −$35470.2 bp −$4,702doesn't fitdoesn't fit
Sell OKX live order book, 50 min ago6.26 bp43.2 bp −$43doesn'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%4h0.01606+0.125%$1.6Mas long as short
BloFin AZTEC-USDT+0.0054%4h0.01607+0.187%$96K$32K25xas long as short
Lighter AZTEC+0.0096%1h0.01606+0.118%$56K$107K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01606+0.125%$1.1M$1.2M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01603−0.042%$7K$21K5xas long as short
Binance AZTECUSDT+0.0100%4h0.01606+0.125%$1.9M$4.2M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.016040.000%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01602−0.125%$293K$426K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01605+0.062%$229K$115K20xas long as short
KuCoin AZTECUSDTM+0.0100%4h0.016040.000%$303K$294K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AZTECUSDTlong+0.0100%4h0.01604long leg$344K$279K20x
Variational Omni AZTEC+0.0100%4h0.01603−0.082%$65K$85Kas long as short
Extended AZTEC-USD+0.0104%1h0.01606+0.130%$57K$453K5xas long as short
OKX AZTEC-USDT-SWAPshort+0.0175%4h0.01606+0.125%$352K$870K20x