Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h −0.097%

Price spread now: Gate against Binance−0.122%7-day average −0.136% · you buy dearer than you sell

Net, funding: paid 7d − costs−$161as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1291.287% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.324%−$32 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.122%, 7d avg −0.136%

Together, before fees−0.317%−$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.136%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.324%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AZTECUSDT	0.01635	0.0491	pay 0.0246% / 4h	3h 12m	$2.0M	$4.2M	25x
Short	Gate AZTEC_USDT	0.01633	0.0616	get 0.0616% / 8h	7h 12m	$305K	$424K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.122%Rate

Funding earned: $26.19
Price spread: −0.122% → −0.136%: $1.37
Slippage, 4 orders: −$103.67
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$101.11
Costs to cover: 1.287%
Break-even: 34.0 days

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 58 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, 10 min ago	3.06 bp	29.4 bp −$29	160.6 bp −$1,606	doesn't fit	doesn't fit
Sell Gate live order book, 58 min ago	3.08 bp	35.3 bp −$35	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	0.01636	+0.061%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01633	−0.116%	$66K	$104K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01635	+0.012%	$1.1M	$1.2M	3x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01637	+0.122%	$347K	$282K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01631	−0.230%	$67K	$82K	—	as long as short
Bybit AZTECUSDT	+0.0211%	4h	0.01635	0.000%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0402%	4h	0.01638	+0.183%	$366K	$872K	20x	as long as short
Extended AZTEC-USD	+0.0488%	1h	0.01635	−0.007%	$59K	$455K	5x	as long as short
MEXC AZTEC_USDT	+0.0490%	4h	0.01634	−0.061%	$237K	$113K	20x	as long as short
Binance AZTECUSDTlong	+0.0491%	4h	0.01635	long leg	$2.0M	$4.2M	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTM	+0.0510%	4h	0.01636	+0.061%	$287K	$285K	20x	as long as short
Aster AZTECUSDT	+0.0531%	4h	0.01638	+0.173%	$7K	$21K	5x	as long as short
BloFin AZTEC-USDT	+0.0541%	4h	0.01634	−0.061%	$97K	$31K	25x	as long as short
Gate AZTEC_USDTshort	+0.0616%	8h	0.01633	−0.122%	$305K	$424K	25x