Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%

Price spread now: Bybit against Binance−0.056%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

costs, in and out, $10k−$1651.648% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 7 days−0.017%−$2 · spread now −0.056%, 7d avg −0.077%

Together, before fees−0.173%−$17 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: Bybit is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AZTECUSDT	0.01584	0.0100	pay 0.0050% / 4h	2h 55m	$1.9M	$4.4M	25x
Short	Bybit AZTECUSDT	0.01583	0.0100	get 0.0050% / 4h	2h 55m	$1.5M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → −0.077%: $2.1
Slippage, 4 orders: −$143.79
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$162.69
Costs to cover: 1.648%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 1 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 Binance live order book, 12 min ago	3.15 bp	20.5 bp −$21	277.9 bp −$2,779	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	6.32 bp	60.5 bp −$60	354.9 bp −$3,549	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	0.01584	+0.007%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01584	+0.026%	$56K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01585	+0.039%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01585	+0.089%	$9K	$24K	5x	as long as short
Binance AZTECUSDTlong	+0.0100%	4h	0.01584	long leg	$1.9M	$4.4M	25x
Bybit AZTECUSDTshort	+0.0100%	4h	0.01583	−0.056%	$1.5M	$1.3M	25x
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01585	+0.070%	$326K	$931K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01582	−0.119%	$293K	$422K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01583	−0.056%	$235K	$117K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01583	−0.056%	$286K	$315K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01585	+0.070%	$384K	$330K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01585	+0.053%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01583	−0.036%	$56K	$454K	5x	as long as short
BloFin AZTEC-USDT	+0.0119%	4h	0.01587	+0.196%	$93K	$33K	25x	as long as short