Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.020%

Price spread now: BingX against Extended+0.002%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$246as in the Price arb table

costs, in and out, $10k−$2442.437% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 4 days (all we have)+0.182%+$18 · spread now +0.002%, 7d avg +0.026%

Together, before fees+0.335%+ Points / potential airdropExtended: Active · farm board+$34 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: BingX is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AZTEC-USD	0.01569	0.0104	pay 0.0013% / 1h	49m 52s	$59K	$461K	5x
Short	BingX AZTEC-USDT	0.01569	0.0100	get 0.0050% / 4h	49m 52s	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$0.84
Price spread: +0.002% → +0.026%: −$2.35
Slippage, 4 orders: −$228.74
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$246.93
Costs to cover: 2.437%
Break-even: never at this rate

Slippage from Extended: live order book, 56 min ago; BingX: live order book, 6 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 Extended live order book, 56 min ago	9.14 bp	140.4 bp −$140	727.4 bp −$7,274	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	6.36 bp	30.4 bp −$30	93.4 bp −$934	788.4 bp −$78.8K	1145.0 bp −$572.5K

AZTEC on 14 exchanges

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
BloFin AZTEC-USDT	+0.0074%	4h	0.01573	+0.257%	$90K	$41K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01570	+0.040%	$55K	$75K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01568	−0.036%	$1.1M	$1.0M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01569	+0.034%	$9K	$20K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01571	+0.113%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01568	−0.062%	$1.4M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01570	+0.066%	$316K	$871K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01567	−0.125%	$274K	$396K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01570	+0.066%	$236K	$124K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01570	+0.066%	$280K	$327K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01571	+0.130%	$383K	$330K	20x	as long as short
BingX AZTEC-USDTshort	+0.0100%	4h	0.01569	+0.002%	—	$1.6M	—
Variational Omni AZTEC	+0.0100%	4h	0.01569	−0.024%	$60K	$55K	—	as long as short
Extended AZTEC-USDlong	+0.0104%	1h	0.01569	long leg	$59K	$461K	5x