AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.075%

Price spread now: Lighter against Extended−0.012%7-day average +0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$302as in the Price arb table

costs, in and out, $10k−$2952.948% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.664%+$66 on $10k

Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.012%, 7d avg +0.061%

Together, before fees+0.807%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$81 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: Lighter is 0.073% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AZTEC-USD	0.01585	0.0104	pay 0.0013% / 1h	57m 51s	$57K	$447K	5x
Short	Lighter AZTEC	0.01585	0.0096	get 0.0012% / 1h	57m 51s	$56K	$100K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$1.68
Price spread: −0.012% → +0.061%: −$7.34
Slippage, 4 orders: −$289.77
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$303.79
Costs to cover: 2.948%
Break-even: never at this rate

Slippage from Extended: live order book, 50 min ago; Lighter: live order book, 28 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, 50 min ago	13.26 bp	191.3 bp −$191	814.9 bp −$8,149	doesn't fit	doesn't fit
Sell Lighter live order book, 28 min ago	16.24 bp	22.2 bp −$22	75.0 bp −$750	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	0.01585	+0.013%	—	$1.6M	—	as long as short
Lighter AZTECshort	+0.0096%	1h	0.01585	−0.012%	$56K	$100K	3x
Hyperliquid AZTEC	+0.0100%	1h	0.01585	+0.013%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01584	−0.078%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01584	−0.050%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01584	−0.069%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01584	−0.050%	$325K	$904K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01583	−0.113%	$294K	$413K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01584	−0.050%	$223K	$120K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01586	+0.076%	$282K	$315K	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	0.01586	+0.076%	$374K	$328K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01584	−0.068%	$63K	$65K	—	as long as short
Extended AZTEC-USDlong	+0.0104%	1h	0.01585	long leg	$57K	$447K	5x
BloFin AZTEC-USDT	+0.0139%	4h	0.01584	−0.050%	$91K	$36K	25x	as long as short