Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%

Price spread now: Binance against Bybit+0.120%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1411.409% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.120%, 7d avg +0.077%

Together, before fees+0.087%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AZTECUSDT	0.01569	0.0100	pay 0.0050% / 4h	51m 29s	$1.4M	$1.3M	25x
Short	Binance AZTECUSDT	0.01571	0.0100	get 0.0050% / 4h	51m 29s	$1.9M	$4.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.120%Rate

Funding earned: $0
Price spread: +0.120% → +0.077%: $4.29
Slippage, 4 orders: −$119.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$136.6
Costs to cover: 1.409%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 8 min ago.

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 Bybit live order book, 3 min ago	6.36 bp	39.0 bp −$39	288.6 bp −$2,886	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	6.34 bp	29.6 bp −$30	129.1 bp −$1,291	doesn't fit	doesn't fit

AZTEC on 14 exchanges

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
BloFin AZTEC-USDT	+0.0047%	4h	0.01574	+0.331%	$90K	$41K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01571	+0.134%	$55K	$75K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01571	+0.140%	$1.1M	$1.0M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01571	+0.145%	$9K	$20K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01571	+0.120%	$1.9M	$4.1M	25x
Bybit AZTECUSDTlong	+0.0100%	4h	0.01569	long leg	$1.4M	$1.3M	25x
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01570	+0.076%	$317K	$869K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01569	+0.013%	$277K	$394K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01569	+0.013%	$236K	$124K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01571	+0.140%	$280K	$327K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01571	+0.140%	$383K	$330K	20x	as long as short
BingX AZTEC-USDT	+0.0100%	4h	0.01570	+0.076%	—	$1.6M	—	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01572	+0.209%	$61K	$55K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01569	+0.027%	$59K	$461K	5x	as long as short