Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.107%

Price spread now: OKX against Gate+0.126%7-day average +0.181% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1341.336% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.418%+$42 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.126%, 7d avg +0.181%

Together, before fees+0.423%+$42 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: OKX is 0.056% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.181%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AZTEC_USDT	0.01591	0.0100	pay 0.0100% / 8h	3h 52m	$297K	$423K	25x
Short	OKX AZTEC-USDT-SWAP	0.01593	0.0100	get 0.0050% / 4h	3h 52m	$329K	$938K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.126%Rate

Funding earned: $0
Price spread: +0.126% → +0.181%: −$5.55
Slippage, 4 orders: −$108.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$139.17
Costs to cover: 1.336%
Break-even: never at this rate

Slippage from Gate: live order book, 63 min ago; OKX: live order book, 64 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, 63 min ago	6.25 bp	41.6 bp −$42	9629.8 bp −$96.3K	doesn't fit	doesn't fit
Sell OKX live order book, 64 min ago	6.25 bp	31.0 bp −$31	165.1 bp −$1,651	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	0.01592	+0.063%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01593	+0.101%	$56K	$100K	3x	as long as short
BloFin AZTEC-USDT	+0.0098%	4h	0.01596	+0.314%	$93K	$33K	25x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01592	+0.075%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01592	+0.047%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01592	+0.063%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01592	+0.069%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0100%	4h	0.01593	+0.126%	$329K	$938K	20x
Gate AZTEC_USDTlong	+0.0100%	8h	0.01591	long leg	$297K	$423K	25x
MEXC AZTEC_USDT	+0.0100%	4h	0.01593	+0.126%	$252K	$115K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTM	+0.0100%	4h	0.01594	+0.189%	$285K	$314K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01591	0.000%	$361K	$313K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01591	+0.014%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01593	+0.098%	$60K	$449K	5x	as long as short