Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.085%
Price spread now: Lighter against Hyperliquid−0.025%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1651.648% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.025%, 7d avg −0.036%
=Together, before fees+0.195%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AZTEC | 0.01583 | 0.0100 | pay 0.0013% / 1h | 16m 31s | $1.1M | $1.2M | 3x |
| Short | Lighter AZTEC | 0.01583 | 0.0096 | get 0.0012% / 1h | 16m 31s | $56K | $100K | 3x |
Hyperliquid AZTEC
Lighter AZTECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.025% → −0.036%
- $1.11
- Slippage, 4 orders
- −$155.78
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$164.51
- Costs to cover
- 1.648%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Lighter: live order book, 9 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 Hyperliquid live order book, 4 min ago | 3.15 bp | 54.0 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 16.24 bp | 22.2 bp −$22 | 75.0 bp −$750 | 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 | 0.01582 | −0.088% | — | $1.6M | — | as long as short |
| BloFin AZTEC-USDT | +0.0061% | 4h | 0.01585 | +0.101% | $91K | $36K | 25x | as long as short |
| Lighter AZTECshort | +0.0096% | 1h | 0.01583 | −0.025% | $56K | $100K | 3x | |
| Hyperliquid AZTEClong | +0.0100% | 1h | 0.01583 | long leg | $1.1M | $1.2M | 3x | |
| Aster AZTECUSDT | +0.0100% | 4h | 0.01585 | +0.128% | $9K | $24K | 5x | as long as short |
| Binance AZTECUSDT | +0.0100% | 4h | 0.01583 | −0.005% | $1.9M | $4.4M | 25x | as long as short |
| Bybit AZTECUSDT | +0.0100% | 4h | 0.01581 | −0.120% | $1.5M | $1.3M | 25x | as long as short |
| OKX AZTEC-USDT-SWAP | +0.0100% | 4h | 0.01583 | −0.025% | $324K | $905K | 20x | as long as short |
| Gate AZTEC_USDT | +0.0100% | 8h | 0.01584 | +0.038% | $294K | $422K | 25x | as long as short |
| MEXC AZTEC_USDT | +0.0100% | 4h | 0.01583 | −0.025% | $223K | $122K | 20x | as long as short |
BingX AZTEC-USDT
BloFin AZTEC-USDT
Aster AZTECUSDT
Binance AZTECUSDT
Bybit AZTECUSDT
OKX AZTEC-USDT-SWAP
Gate AZTEC_USDT
MEXC AZTEC_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AZTECUSDTM | +0.0100% | 4h | 0.01586 | +0.164% | $282K | $316K | 20x | as long as short |
| Bitget AZTECUSDT | +0.0100% | 4h | 0.01584 | +0.038% | $382K | $329K | 20x | as long as short |
| Variational Omni AZTEC | +0.0100% | 4h | 0.01577 | −0.390% | $63K | $65K | — | as long as short |
| Extended AZTEC-USD | +0.0104% | 1h | 0.01583 | −0.052% | $57K | $451K | 5x | as long as short |
KuCoin AZTECUSDTM
Bitget AZTECUSDT
Variational Omni AZTEC
Extended AZTEC-USD