Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%

Price spread now: Gate against Bybit+0.095%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1681.675% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.095%, 7d avg −0.076%

Together, before fees−0.330%−$33 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: Gate is 0.171% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AZTECUSDT	0.01580	0.0100	pay 0.0050% / 4h	3h 02m	$1.5M	$1.3M	25x
Short	Gate AZTEC_USDT	0.01582	0.0100	get 0.0100% / 8h	3h 02m	$294K	$427K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → −0.076%: $17.12
Slippage, 4 orders: −$141.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$150.4
Costs to cover: 1.675%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 49 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 Bybit live order book, 4 min ago	3.15 bp	44.0 bp −$44	371.2 bp −$3,712	doesn't fit	doesn't fit
Sell Gate live order book, 49 min ago	6.30 bp	29.4 bp −$29	doesn't fit	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	0.01580	−0.032%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01581	+0.038%	$56K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01580	0.000%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01583	+0.143%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01580	−0.007%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDTlong	+0.0100%	4h	0.01580	long leg	$1.5M	$1.3M	25x
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01581	+0.032%	$325K	$935K	20x	as long as short
Gate AZTEC_USDTshort	+0.0100%	8h	0.01582	+0.095%	$294K	$427K	25x
MEXC AZTEC_USDT	+0.0100%	4h	0.01580	−0.032%	$237K	$120K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01584	+0.221%	$286K	$315K	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	0.01582	+0.095%	$383K	$332K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01587	+0.425%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01580	−0.026%	$56K	$449K	5x	as long as short
BloFin AZTEC-USDT	+0.0154%	4h	0.01582	+0.095%	$92K	$33K	25x	as long as short