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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h −0.053%
Price spread now: Hyperliquid against BingX+0.093%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.353%+$35 on $10k
Price spread, last 7 days+0.048%+$5 · spread now +0.093%, 7d avg +0.078%
Together, before fees+0.401%+ Points / potential airdropHyperliquid: Season 2 · farm board+$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AZTEC-USDT0.016180.0036pay 0.0018% / 4h2h 46m$1.7M
ShortHyperliquid AZTEC0.016200.0100get 0.0013% / 1h46m 24s$1.1M$1.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.093% → +0.078%
$1.49
Slippage, 4 orders
−$87.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$91.87
Costs to cover
1.068%
Break-even
54.8 days
Slippage from BingX: live order book, 16 min ago; Hyperliquid: live order book, 4 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, 16 min ago9.22 bp31.9 bp −$3298.4 bp −$984879.5 bp −$87.9K1389.5 bp −$694.8K
Sell Hyperliquid live order book, 4 min ago2.47 bp32.6 bp −$33doesn'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+0.0036%4h0.01618long leg$1.7M
Lighter AZTEC+0.0096%1h0.01615−0.167%$81K$100K3xas long as short
Hyperliquid AZTECshort+0.0100%1h0.01620+0.093%$1.1M$1.2M3x
Aster AZTECUSDT+0.0100%4h0.01617−0.046%$7K$21K5xas long as short
Binance AZTECUSDT+0.0100%4h0.016180.000%$1.9M$4.2M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.01616−0.124%$1.5M$1.3M25xas long as short
OKX AZTEC-USDT-SWAP+0.0100%4h0.01619+0.062%$363K$891K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01617−0.062%$295K$428K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01617−0.062%$243K$105K20xas long as short
KuCoin AZTECUSDTM+0.0100%4h0.016180.000%$283K$288K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AZTECUSDT+0.0100%4h0.01619+0.062%$357K$273K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01619+0.031%$65K$81Kas long as short
Extended AZTEC-USD+0.0104%1h0.01618+0.007%$57K$387K5xas long as short
BloFin AZTEC-USDT+0.0122%4h0.01617−0.062%$98K$23K25xas long as short