Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.063%

Price spread now: Lighter against BloFin+0.115%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.592%+$59 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.115% dearer against BloFin than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 7 days funding on this pair paid +0.592%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AZTEC-USDT	0.01566	0.0132	pay 0.0066% / 4h	3h 32m	$90K	$37K	25x
Short	Lighter AZTEC	0.01568	0.0096	get 0.0012% / 1h	32m 39s	$55K	$93K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$7.54
Price spread: +0.115% → 0.000%: $11.49
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$8.05
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Lighter: no order-book sample. 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 Lighter no order-book sample	—	—	—	—	—

BloFin and Lighter: 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	0.01566	0.000%	—	$1.6M	—	as long as short
Lighter AZTECshort	+0.0096%	1h	0.01568	+0.115%	$55K	$93K	3x
Hyperliquid AZTEC	+0.0100%	1h	0.01568	+0.121%	$1.1M	$1.1M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01566	+0.030%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01567	+0.056%	$1.9M	$4.3M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01565	−0.070%	$1.4M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01566	0.000%	$320K	$856K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01565	−0.064%	$277K	$419K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01567	+0.064%	$223K	$121K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01569	+0.192%	$283K	$316K	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	0.01568	+0.128%	$364K	$341K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01571	+0.303%	$62K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01566	−0.026%	$55K	$474K	5x	as long as short
BloFin AZTEC-USDTlong	+0.0132%	4h	0.01566	long leg	$90K	$37K	25x