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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0440%/8h= +48.2% APRnext payment +$2.20 per $10,000 · paid last 24h −0.158%
Price spread now: KuCoin against OKX−0.184%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,441as in the Price arb table
costs, in and out, $10k−$1,43014.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.385%−$39 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.184%, 7d avg −0.081%
Together, before fees−0.245%−$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.103% cheaper against OKX than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of −0.081%). If the spread goes back, that is −$10 on $10k: about 19 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.385%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AZTEC-USDT-SWAP0.016340.0122pay 0.0061% / 4h40m 53s$365K$886K20x
ShortKuCoin AZTECUSDTM0.016310.0562get 0.0281% / 4h40m 53s$286K$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
$92.44
Price spread: −0.184% → −0.081%
−$10.31
Slippage, 4 orders
−$1,408.32
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,348.19
Costs to cover
14.303%
Break-even
109.1 days
Slippage from OKX: live order book, 35 min ago; KuCoin: live order book, 20 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 OKX live order book, 35 min ago3.08 bp39.0 bp −$393217.4 bp −$32.2Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 20 min ago6.14 bp395.2 bp −$395doesn't fitdoesn't fitdoesn't fit

AZTEC on 14 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+0.0054%4h0.01631−0.184%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01628−0.386%$76K$97K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01631−0.159%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01629−0.294%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01628−0.367%$297K$428K25xas long as short
Bitget AZTECUSDT+0.0100%4h0.01632−0.122%$354K$282K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01632−0.135%$65K$81Kas long as short
OKX AZTEC-USDT-SWAPlong+0.0122%4h0.01634long leg$365K$886K20x
MEXC AZTEC_USDT+0.0226%4h0.01630−0.245%$219K$109K20xas long as short
Aster AZTECUSDT+0.0230%4h0.01629−0.329%$7K$21K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AZTEC-USD+0.0232%1h0.01630−0.232%$57K$383K5xas long as short
Binance AZTECUSDT+0.0233%4h0.01630−0.245%$1.9M$4.1M25xas long as short
BloFin AZTEC-USDT+0.0255%4h0.01632−0.122%$97K$28K25xas long as short
KuCoin AZTECUSDTMshort+0.0562%4h0.01631−0.184%$286K$287K20x