Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.022%

Price spread now: Binance against Extended−0.011%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$273as in the Funding arb table

Net, price: spread back to 7d avg − costs−$279as in the Price arb table

costs, in and out, $10k−$2762.758% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.011%, 7d avg +0.016%

Together, before fees+0.036%+ Points / potential airdropExtended: Active · farm board+$4 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 0.027% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AZTEC-USD	0.01632	0.0136	pay 0.0017% / 1h	49m 48s	$57K	$383K	5x
Short	Binance AZTECUSDT	0.01632	0.0139	get 0.0069% / 4h	49m 48s	$2.0M	$4.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: $0.55
Price spread: −0.011% → +0.016%: −$2.73
Slippage, 4 orders: −$260.82
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$278
Costs to cover: 2.758%
Break-even: 3543.9 days

Slippage from Extended: live order book, 28 min ago; Binance: live order book, 2 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 Extended live order book, 28 min ago	12.33 bp	170.0 bp −$170	768.8 bp −$7,688	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	3.06 bp	30.5 bp −$31	127.6 bp −$1,276	doesn't fit	doesn't fit

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	0.01632	−0.011%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01630	−0.152%	$77K	$96K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01633	+0.038%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01631	−0.042%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01631	−0.072%	$298K	$428K	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01632	−0.011%	$354K	$281K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01632	−0.024%	$65K	$81K	—	as long as short
MEXC AZTEC_USDT	+0.0120%	4h	0.01631	−0.072%	$219K	$108K	20x	as long as short
BloFin AZTEC-USDT	+0.0121%	4h	0.01631	−0.072%	$97K	$28K	25x	as long as short
Extended AZTEC-USDlong	+0.0136%	1h	0.01632	long leg	$57K	$383K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AZTECUSDTshort	+0.0139%	4h	0.01632	−0.011%	$2.0M	$4.1M	25x
Aster AZTECUSDT	+0.0147%	4h	0.01631	−0.094%	$7K	$21K	5x	as long as short
OKX AZTEC-USDT-SWAP	+0.0149%	4h	0.01634	+0.111%	$365K	$887K	20x	as long as short
KuCoin AZTECUSDTM	+0.0498%	4h	0.01634	+0.111%	$287K	$287K	20x	as long as short