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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0370%/8h= +40.5% APRpaid last 24h −0.048%
Price spread now: Extended against BingX+0.011%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2792.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.173%−$17 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.011%, 7d avg −0.026%
Together, before fees−0.232%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.037% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.026%. Mind the row above: over the last 7 days funding on this pair cost −0.173%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AZTEC-USDT0.016350.0070pay 0.0035% / 4h3h 59m$1.6M
ShortExtended AZTEC-USD0.016350.0440get 0.0055% / 1h59m 10s$58K$380K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$77.7
Price spread: +0.011% → −0.026%
$3.68
Slippage, 4 orders
−$264
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$197.61
Costs to cover
2.790%
Break-even
24.8 days
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 13 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, 8 min ago9.24 bp33.2 bp −$3397.7 bp −$977927.6 bp −$92.8K1410.0 bp −$705.0K
Sell Extended live order book, 13 min ago11.70 bp55.1 bp −$55doesn'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-USDTlong+0.0070%4h0.01635long leg$1.6M
Lighter AZTEC+0.0096%1h0.01633−0.128%$72K$98K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01636+0.031%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01634−0.061%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01636+0.061%$303K$407K25xas long as short
Bitget AZTECUSDT+0.0100%4h0.01636+0.061%$353K$279K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01635−0.013%$65K$80Kas long as short
OKX AZTEC-USDT-SWAP+0.0152%4h0.01638+0.183%$365K$884K20xas long as short
BloFin AZTEC-USDT+0.0412%4h0.016350.000%$96K$31K25xas long as short
MEXC AZTEC_USDT+0.0436%4h0.01634−0.061%$237K$110K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AZTECUSDT+0.0437%4h0.01635−0.012%$2.0M$4.1M25xas long as short
Extended AZTEC-USDshort+0.0440%1h0.01635+0.011%$58K$380K5x
Aster AZTECUSDT+0.0458%4h0.01632−0.161%$7K$21K5xas long as short
KuCoin AZTECUSDTM+0.0708%4h0.01639+0.245%$287K$286K20xas long as short