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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against Bybit+0.064%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1531.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.274%+$27 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.064%, 7d avg +0.074%
Together, before fees+0.273%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.274%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AZTECUSDT0.015730.0100pay 0.0050% / 4h3h 44m$1.4M$1.3M25x
ShortBingX AZTEC-USDT0.015740.0036get 0.0018% / 4h3h 44m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
−$13.44
Price spread: +0.064% → +0.074%
−$1.04
Slippage, 4 orders
−$131.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$167.07
Costs to cover
1.526%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 2 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 Bybit live order book, 1 min ago3.18 bp40.3 bp −$40339.7 bp −$3,397doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago6.36 bp34.6 bp −$3596.1 bp −$961712.4 bp −$71.2K1103.3 bp −$551.7K

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-USDTshort+0.0036%4h0.01574+0.064%$1.6M
BloFin AZTEC-USDT+0.0076%4h0.015730.000%$90K$37K25xas long as short
Lighter AZTEC+0.0096%1h0.01574+0.089%$55K$93K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01574+0.095%$1.1M$1.1M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01573+0.015%$9K$24K5xas long as short
Binance AZTECUSDT+0.0100%4h0.01574+0.065%$1.9M$4.3M25xas long as short
Bybit AZTECUSDTlong+0.0100%4h0.01573long leg$1.4M$1.3M25x
OKX AZTEC-USDT-SWAP+0.0100%4h0.015730.000%$322K$864K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01571−0.127%$278K$417K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.015730.000%$223K$121K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AZTECUSDTM+0.0100%4h0.01575+0.127%$286K$316K20xas long as short
Bitget AZTECUSDT+0.0100%4h0.01572−0.064%$365K$344K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01573−0.016%$62K$65Kas long as short
Extended AZTEC-USD+0.0104%1h0.01574+0.053%$55K$474K5xas long as short