Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.028%

Price spread now: BloFin against Hyperliquid+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.466%−$47 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.044% dearer against Hyperliquid than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.466%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AZTEC	0.01595	0.0100	pay 0.0013% / 1h	39m 02s	$1.1M	$1.2M	3x
Short	BloFin AZTEC-USDT	0.01596	0.0154	get 0.0077% / 4h	1h 39m	$95K	$31K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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 HyperliquidbpFee BloFinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $11.35
Price spread: +0.044% → 0.000%: $4.39
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$5.27
Costs to cover: 0.210%
Break-even: 10.2 days

Slippage unknown: Hyperliquid: live order book, 1 min ago; BloFin: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 1 min ago	3.44 bp	19.0 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.01596	+0.044%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01595	−0.019%	$56K	$107K	3x	as long as short
Hyperliquid AZTEClong	+0.0100%	1h	0.01595	long leg	$1.1M	$1.2M	3x
Aster AZTECUSDT	+0.0100%	4h	0.01596	+0.057%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01595	−0.019%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01594	−0.088%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01599	+0.232%	$351K	$857K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01596	+0.044%	$296K	$422K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01593	−0.144%	$227K	$114K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01597	+0.107%	$302K	$295K	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	0.01594	−0.081%	$341K	$279K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01594	−0.070%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01594	−0.061%	$56K	$456K	5x	as long as short
BloFin AZTEC-USDTshort	+0.0154%	4h	0.01596	+0.044%	$95K	$31K	25x