Funding arb · Price arb /

AZTEC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.097%

Price spread now: Extended against Gate+0.143%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$295as in the Price arb table

costs, in and out, $10k−$2982.976% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.279%+$28 on $10k

Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.143%, 7d avg +0.121%

Together, before fees+0.100%+ Points / potential airdropExtended: Active · farm board+$10 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: Extended is 0.021% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.121%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AZTEC_USDT	0.01617	0.0100	pay 0.0100% / 8h	2h 29m	$295K	$430K	25x
Short	Extended AZTEC-USD	0.01619	0.0104	get 0.0013% / 1h	29m 14s	$57K	$387K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now +0.143%Rate

Funding earned: $0.84
Price spread: +0.143% → +0.121%: $2.14
Slippage, 4 orders: −$277.58
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$294.6
Costs to cover: 2.976%
Break-even: 2462.0 days

Slippage from Gate: live order book, 56 min ago; Extended: live order book, 58 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 Gate live order book, 56 min ago	9.19 bp	36.8 bp −$37	9669.6 bp −$96.7K	doesn't fit	doesn't fit
Sell Extended live order book, 58 min ago	14.66 bp	66.7 bp −$67	doesn't fit	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	0.01620	+0.186%	—	$1.7M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01617	+0.006%	$81K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01621	+0.223%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01619	+0.121%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01620	+0.155%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01619	+0.124%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01623	+0.371%	$364K	$891K	20x	as long as short
Gate AZTEC_USDTlong	+0.0100%	8h	0.01617	long leg	$295K	$430K	25x
MEXC AZTEC_USDT	+0.0100%	4h	0.01619	+0.124%	$243K	$106K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01621	+0.247%	$284K	$288K	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	0.01617	0.000%	$358K	$276K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01618	+0.057%	$65K	$81K	—	as long as short
Extended AZTEC-USDshort	+0.0104%	1h	0.01619	+0.143%	$57K	$387K	5x
BloFin AZTEC-USDT	+0.0127%	4h	0.01620	+0.186%	$97K	$28K	25x	as long as short