Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.063%

Price spread now: BloFin against Lighter+0.064%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.584%−$58 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.064% dearer against Lighter than usual: you sell high and buy low: +$6 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 −0.584%, 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	Lighter AZTEC	0.01574	0.0096	pay 0.0012% / 1h	8m 26s	$55K	$76K	3x
Short	BloFin AZTEC-USDT	0.01575	0.0122	get 0.0061% / 4h	1h 08m	$91K	$41K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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 LighterbpFee BloFinbpOrdersPrice spread, now +0.064%Rate

Funding earned: $5.44
Price spread: +0.064% → 0.000%: $6.35
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$0.21
Costs to cover: 0.120%
Break-even: 7.3 days

Slippage unknown: Lighter: no order-book sample; 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 Lighter no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Lighter and 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 exchanges

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
Lighter AZTEClong	+0.0096%	1h	0.01574	long leg	$55K	$76K	3x
Hyperliquid AZTEC	+0.0100%	1h	0.01575	+0.051%	$1.1M	$1.0M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01572	−0.130%	$9K	$20K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01574	+0.004%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01572	−0.102%	$1.4M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01573	−0.064%	$317K	$867K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01570	−0.254%	$277K	$401K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01573	−0.064%	$236K	$127K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01573	−0.064%	$269K	$324K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01575	+0.064%	$384K	$324K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AZTEC-USDT	+0.0100%	4h	0.01573	−0.064%	—	$1.6M	—	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01571	−0.215%	$61K	$55K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01573	−0.080%	$56K	$461K	5x	as long as short
BloFin AZTEC-USDTshort	+0.0122%	4h	0.01575	+0.064%	$91K	$41K	25x