Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%

Price spread now: Binance against Gate+0.154%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1281.285% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.324%+$32 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.154%, 7d avg +0.127%

Together, before fees+0.276%+$28 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 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.127%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AZTEC_USDT	0.01568	0.0100	pay 0.0100% / 8h	7h 56m	$278K	$415K	25x
Short	Binance AZTECUSDT	0.01570	0.0100	get 0.0050% / 4h	3h 56m	$1.9M	$4.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.154%Rate

Funding earned: $0
Price spread: +0.154% → +0.127%: $2.7
Slippage, 4 orders: −$103.5
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$125.8
Costs to cover: 1.285%
Break-even: never at this rate

Slippage from Gate: live order book, 39 min ago; Binance: live order book, 11 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 Gate live order book, 39 min ago	3.18 bp	35.0 bp −$35	9598.4 bp −$96.0K	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	3.18 bp	30.9 bp −$31	122.0 bp −$1,220	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	0.01570	+0.128%	—	$1.6M	—	as long as short
BloFin AZTEC-USDT	+0.0079%	4h	0.01569	+0.064%	$91K	$37K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01571	+0.185%	$55K	$93K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01571	+0.191%	$1.1M	$1.1M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01569	+0.090%	$9K	$24K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01570	+0.154%	$1.9M	$4.3M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01569	+0.064%	$1.4M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01570	+0.128%	$322K	$864K	20x	as long as short
Gate AZTEC_USDTlong	+0.0100%	8h	0.01568	long leg	$278K	$415K	25x
MEXC AZTEC_USDT	+0.0100%	4h	0.01569	+0.064%	$222K	$120K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTM	+0.0100%	4h	0.01571	+0.191%	$281K	$315K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01572	+0.255%	$366K	$344K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01567	−0.077%	$62K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01570	+0.133%	$57K	$472K	5x	as long as short