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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.041%
Price spread now: Lighter against Bybit+0.119%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1861.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.790%+$79 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.119%, 7d avg +0.103%
Together, before fees+0.876%+ Points / potential airdropLighter: Season 3 · farm board+$88 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AZTECUSDT0.015920.0100pay 0.0050% / 4h24m 21s$1.5M$1.3M25x
ShortLighter AZTEC0.015940.0096get 0.0012% / 1h24m 21s$56K$107K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$0.84
Price spread: +0.119% → +0.103%
$1.6
Slippage, 4 orders
−$174.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$185.18
Costs to cover
1.859%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 15 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 Bybit live order book, 2 min ago6.28 bp59.3 bp −$59493.1 bp −$4,931doesn't fitdoesn't fit
Sell Lighter live order book, 15 min ago20.05 bp25.0 bp −$2576.2 bp −$762doesn'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-USDT+0.0036%4h0.01593+0.063%$1.6Mas long as short
BloFin AZTEC-USDT+0.0044%4h0.015920.000%$95K$32K25xas long as short
Lighter AZTECshort+0.0096%1h0.01594+0.119%$56K$107K3x
Hyperliquid AZTEC+0.0100%1h0.01594+0.094%$1.1M$1.2M3xas long as short
Aster AZTECUSDT+0.0100%4h0.01593+0.063%$8K$22K5xas long as short
Binance AZTECUSDT+0.0100%4h0.01595+0.188%$1.9M$4.3M25xas long as short
Bybit AZTECUSDTlong+0.0100%4h0.01592long leg$1.5M$1.3M25x
Gate AZTEC_USDT+0.0100%8h0.01593+0.063%$293K$427K25xas long as short
MEXC AZTEC_USDT+0.0100%4h0.01593+0.063%$253K$117K20xas long as short
KuCoin AZTECUSDTM+0.0100%4h0.01596+0.251%$301K$307K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AZTECUSDT+0.0100%4h0.01594+0.126%$379K$299K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01591−0.081%$63K$75Kas long as short
Extended AZTEC-USD+0.0104%1h0.01593+0.037%$56K$449K5xas long as short
OKX AZTEC-USDT-SWAP+0.0219%4h0.015920.000%$331K$923K20xas long as short