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

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0224%/8h= −24.5% APRnext payment $0.28 per $10,000 · paid last 24h −0.005%
Price spread now: Hyperliquid against Extended+0.006%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2692.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.526%+$53 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.006%, 7d avg +0.105%
Together, before fees+0.633%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$63 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hyperliquid is 0.099% cheaper against Extended than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.105%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.526%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AZTEC-USD0.016350.0360pay 0.0045% / 1h3m 18s$58K$383K5x
ShortHyperliquid AZTEC0.016350.0136get 0.0017% / 1h3m 18s$1.1M$1.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$47.03
Price spread: +0.006% → +0.105%
−$9.9
Slippage, 4 orders
−$255.36
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$326.29
Costs to cover
2.694%
Break-even
never at this rate
Slippage from Extended: live order book, 9 min ago; Hyperliquid: live order book, 7 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 Extended live order book, 9 min ago11.70 bp161.4 bp −$161755.9 bp −$7,559doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.85 bp32.9 bp −$33doesn't fitdoesn'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+0.0070%4h0.01635−0.012%$1.6Mas long as short
Lighter AZTEC+0.0096%1h0.01632−0.214%$72K$101K3xas long as short
Bybit AZTECUSDT+0.0100%4h0.01635−0.012%$1.5M$1.3M25xas long as short
Gate AZTEC_USDT+0.0100%8h0.01633−0.134%$298K$432K25xas long as short
Bitget AZTECUSDT+0.0100%4h0.01636+0.049%$353K$279K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01623−0.759%$65K$80Kas long as short
Hyperliquid AZTECshort+0.0136%1h0.01635+0.006%$1.1M$1.2M3x
OKX AZTEC-USDT-SWAP+0.0151%4h0.01634−0.073%$364K$882K20xas long as short
Extended AZTEC-USDlong+0.0360%1h0.01635long leg$58K$383K5x
Aster AZTECUSDT+0.0361%4h0.01632−0.190%$7K$21K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AZTEC_USDT+0.0362%4h0.01634−0.073%$237K$115K20xas long as short
Binance AZTECUSDT+0.0363%4h0.01634−0.047%$2.0M$4.1M25xas long as short
BloFin AZTEC-USDT+0.0388%4h0.01622−0.807%$96K$30K25xas long as short
KuCoin AZTECUSDTM+0.0652%4h0.01635−0.012%$287K$286K20xas long as short