AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.094%

Price spread now: Extended against Lighter+0.085%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$264as in the Price arb table

costs, in and out, $10k−$2792.793% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.680%−$68 on $10k

Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.085%, 7d avg −0.065%

Together, before fees−0.957%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$96 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 0.151% dearer against Lighter than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AZTEC	0.01596	0.0096	pay 0.0012% / 1h	2m 16s	$57K	$106K	3x
Short	Extended AZTEC-USD	0.01597	0.0104	get 0.0013% / 1h	2m 16s	$57K	$457K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.085%Rate

Funding earned: $1.68
Price spread: +0.085% → −0.065%: $15.08
Slippage, 4 orders: −$274.27
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$262.51
Costs to cover: 2.793%
Break-even: 1100.8 days

Slippage from Lighter: live order book, 47 min ago; Extended: live order book, just now.

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 live order book, 47 min ago	18.59 bp	30.6 bp −$31	78.6 bp −$786	doesn't fit	doesn't fit
Sell Extended live order book, just now	12.20 bp	48.8 bp −$49	doesn't fit	doesn't fit	doesn't fit

AZTEC on 13 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	0.01598	+0.125%	—	$1.6M	—	as long as short
Lighter AZTEClong	+0.0096%	1h	0.01596	long leg	$57K	$106K	3x
Hyperliquid AZTEC	+0.0100%	1h	0.01598	+0.132%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01600	+0.262%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01599	+0.188%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01597	+0.081%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01599	+0.188%	$349K	$856K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01599	+0.188%	$297K	$426K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01597	+0.063%	$228K	$116K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01601	+0.313%	$282K	$291K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01598	+0.125%	$342K	$286K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01598	+0.108%	$64K	$85K	—	as long as short
Extended AZTEC-USDshort	+0.0104%	1h	0.01597	+0.085%	$57K	$457K	5x