Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.028%

Price spread now: Hyperliquid against BloFin−0.019%107s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.463%+$46 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.463%, so the current rate has only just turned against you. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AZTEC-USDT	0.01592	0.0111	pay 0.0055% / 4h	3h 57m	$93K	$33K	25x
Short	Hyperliquid AZTEC	0.01592	0.0100	get 0.0013% / 1h	57m 30s	$1.1M	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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 BloFinbpFee HyperliquidbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$2.25
Price spread: −0.019% → 0.000%: −$1.88
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$25.13
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.

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 BloFin no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 3 min ago	1.57 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0036%	4h	0.01592	0.000%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01593	+0.038%	$56K	$100K	3x	as long as short
Hyperliquid AZTECshort	+0.0100%	1h	0.01592	−0.019%	$1.1M	$1.2M	3x
Aster AZTECUSDT	+0.0100%	4h	0.01591	−0.079%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01592	0.000%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01592	−0.019%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01592	0.000%	$329K	$937K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01590	−0.126%	$297K	$423K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01592	0.000%	$251K	$115K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01591	−0.063%	$284K	$311K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01593	+0.063%	$364K	$309K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01591	−0.049%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01592	−0.028%	$60K	$449K	5x	as long as short
BloFin AZTEC-USDTlong	+0.0111%	4h	0.01592	long leg	$93K	$33K	25x