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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.146%
Price spread now: OKX against Gate−0.125%7-day average +0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1611.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.418%+$42 on $10k
Price spread, last 4 days (all we have)+0.285%+$29 · spread now −0.125%, 7d avg +0.186%
Together, before fees+0.703%+$70 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: OKX is 0.311% cheaper against Gate than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.186%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AZTEC_USDT0.015990.0100pay 0.0100% / 8h6h 00m$297K$426K25x
ShortOKX AZTEC-USDT-SWAP0.015970.0100get 0.0050% / 4h2h 00m$348K$849K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.125% → +0.186%
−$31.06
Slippage, 4 orders
−$136.45
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$192.51
Costs to cover
1.614%
Break-even
never at this rate
Slippage from Gate: live order book, 65 min ago; OKX: live order book, 66 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 Gate live order book, 65 min ago6.11 bp46.3 bp −$468593.3 bp −$85.9Kdoesn't fitdoesn't fit
Sell OKX live order book, 66 min ago6.11 bp44.6 bp −$45doesn't fitdoesn't fitdoesn't fit

AZTEC on 13 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%4h0.01597−0.125%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01597−0.138%$57K$106K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01597−0.100%$1.1M$1.2M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01600+0.084%$7K$21K5xas long as short
Binance AZTECUSDT+0.0100%4h0.01597−0.125%$1.9M$4.2M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.01596−0.188%$1.5M$1.3M25xas long as short
OKX AZTEC-USDT-SWAPshort+0.0100%4h0.01597−0.125%$348K$849K20x
Gate AZTEC_USDTlong+0.0100%8h0.01599long leg$297K$426K25x
MEXC AZTEC_USDT+0.0100%4h0.01598−0.063%$228K$116K20xas long as short
KuCoin AZTECUSDTM+0.0100%4h0.015990.000%$282K$291K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AZTECUSDT+0.0100%4h0.01597−0.125%$341K$282K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01596−0.174%$64K$85Kas long as short
Extended AZTEC-USD+0.0104%1h0.01597−0.148%$57K$457K5xas long as short