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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0524%/8h= +57.4% APRnext payment +$2.62 per $10,000 · paid last 24h −0.129%
Price spread now: KuCoin against BingX−0.185%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,444as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,416as in the Price arb table
costs, in and out, $10k−$1,40214.019% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.422%−$42 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.185%, 7d avg −0.043%
Together, before fees−0.268%−$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.142% cheaper against BingX than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.043%). If the spread goes back, that is −$14 on $10k: about 22 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.422%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AZTEC-USDT0.016250.0070pay 0.0035% / 4h20m 28s$1.6M
ShortKuCoin AZTECUSDTM0.016220.0594get 0.0297% / 4h20m 28s$284K$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$110.04
Price spread: −0.185% → −0.043%
−$14.16
Slippage, 4 orders
−$1,379.89
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,306.01
Costs to cover
14.019%
Break-even
90.1 days
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 40 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, 12 min ago6.14 bp30.7 bp −$3191.3 bp −$913966.0 bp −$96.6K1398.0 bp −$699.0K
Sell KuCoin live order book, 40 min ago6.14 bp395.2 bp −$395doesn'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%4h0.01625long leg$1.6M
Lighter AZTEC+0.0096%1h0.01622−0.172%$75K$98K3xas long as short
Hyperliquid AZTEC+0.0100%1h0.01626+0.037%$1.1M$1.2M3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01624−0.031%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01623−0.123%$296K$428K25xas long as short
Bitget AZTECUSDT+0.0100%4h0.01626+0.062%$351K$279K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01624−0.075%$65K$80Kas long as short
OKX AZTEC-USDT-SWAP+0.0107%4h0.01623−0.123%$362K$876K20xas long as short
Aster AZTECUSDT+0.0310%4h0.01623−0.106%$7K$21K5xas long as short
BloFin AZTEC-USDT+0.0311%4h0.01622−0.185%$97K$28K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AZTEC-USD+0.0320%1h0.01624−0.050%$57K$383K5xas long as short
MEXC AZTEC_USDT+0.0322%4h0.01624−0.062%$235K$114K20xas long as short
Binance AZTECUSDT+0.0324%4h0.01624−0.062%$1.9M$4.1M25xas long as short
KuCoin AZTECUSDTMshort+0.0594%4h0.01622−0.185%$284K$287K20x