Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.018%

Price spread now: Extended against MEXC+0.084%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2032.029% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.084%, 7d avg +0.007%

Together, before fees−0.120%+ Points / potential airdropExtended: Active · farm board−$12 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: Extended is 0.077% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AZTEC_USDT	0.01607	0.0346	pay 0.0173% / 4h	2h 41m	$233K	$112K	20x
Short	Extended AZTEC-USD	0.01608	0.0344	get 0.0043% / 1h	41m 58s	$57K	$455K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$0.42
Price spread: +0.084% → +0.007%: $7.74
Slippage, 4 orders: −$193.86
Fee MEXC: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$195.54
Costs to cover: 2.029%
Break-even: never at this rate

Slippage from MEXC: live order book, 7 min ago; Extended: live order book, 26 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 MEXC live order book, 7 min ago	6.19 bp	13.6 bp −$14	59.3 bp −$593	341.8 bp −$34.2K	845.5 bp −$422.7K
Sell Extended live order book, 26 min ago	12.20 bp	27.2 bp −$27	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	+0.0070%	4h	0.01609	+0.124%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01605	−0.143%	$61K	$102K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01608	+0.087%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01607	0.000%	$1.5M	$1.3M	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01607	0.000%	$339K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01610	+0.171%	$64K	$84K	—	as long as short
Gate AZTEC_USDT	+0.0163%	8h	0.01608	+0.062%	$299K	$420K	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0324%	4h	0.01608	+0.062%	$353K	$871K	20x	as long as short
KuCoin AZTECUSDTM	+0.0342%	4h	0.01610	+0.187%	$283K	$291K	20x	as long as short
Extended AZTEC-USDshort	+0.0344%	1h	0.01608	+0.084%	$57K	$455K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AZTEC_USDTlong	+0.0346%	4h	0.01607	long leg	$233K	$112K	20x
Binance AZTECUSDT	+0.0348%	4h	0.01608	+0.062%	$1.9M	$4.2M	25x	as long as short
Aster AZTECUSDT	+0.0363%	4h	0.01610	+0.161%	$7K	$21K	5x	as long as short
BloFin AZTEC-USDT	+0.0413%	4h	0.01614	+0.436%	$96K	$31K	25x	as long as short