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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.079%
Price spread now: Bitget against BingX+0.127%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1261.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.406%−$41 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.127%, 7d avg −0.047%
Together, before fees−0.503%−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.174% dearer against BingX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.406%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AZTEC-USDT0.015790.0036pay 0.0018% / 4h42m 44s$1.6M
ShortBitget AZTECUSDT0.015810.0100get 0.0050% / 4h42m 44s$369K$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$13.44
Price spread: +0.127% → −0.047%
$17.4
Slippage, 4 orders
−$103.71
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$94.87
Costs to cover
1.257%
Break-even
56.4 days
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 53 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 BingX live order book, 4 min ago6.33 bp30.8 bp −$3192.6 bp −$926doesn't fitdoesn't fit
Sell Bitget live order book, 53 min ago3.17 bp37.2 bp −$37125.8 bp −$1,258doesn'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-USDTlong+0.0036%4h0.01579long leg$1.6M
BloFin AZTEC-USDT+0.0066%4h0.01582+0.190%$91K$36K25xas long as short
Lighter AZTEC+0.0096%1h0.01580+0.070%$55K$98K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01578−0.057%$1.1M$1.1M3xas long as short
Aster AZTECUSDT+0.0100%4h0.015790.000%$9K$24K5xas long as short
Binance AZTECUSDT+0.0100%4h0.015790.000%$1.9M$4.3M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.01578−0.063%$1.5M$1.3M25xas long as short
OKX AZTEC-USDT-SWAP+0.0100%4h0.01580+0.063%$321K$878K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01577−0.127%$286K$413K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.015790.000%$223K$120K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AZTECUSDTM+0.0100%4h0.01581+0.127%$283K$316K20xas long as short
Bitget AZTECUSDTshort+0.0100%4h0.01581+0.127%$369K$339K20x
Variational Omni AZTEC+0.0100%4h0.01579+0.012%$63K$65Kas long as short
Extended AZTEC-USD+0.0104%1h0.01578−0.043%$56K$473K5xas long as short