Settings8H · net · $10k
Funding arb · Price arb /

AZTEC

all AZTEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: Hyperliquid against MEXC+0.105%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$790.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.498%+$50 on $10k
Price spread, last 4 days (all we have)+0.181%+$18 · spread now +0.105%, 7d avg +0.116%
Together, before fees+0.679%+ Points / potential airdropHyperliquid: Season 2 · farm board+$68 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AZTEC_USDT0.016250.0100pay 0.0050% / 4h2h 26m$244K$106K20x
ShortHyperliquid AZTEC0.016270.0100get 0.0013% / 1h26m 11s$1.1M$1.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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

Funding earned
$0
Price spread: +0.105% → +0.116%
−$1.15
Slippage, 4 orders
−$66.07
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$80.22
Costs to cover
0.791%
Break-even
never at this rate
Slippage from MEXC: live order book, 55 min ago; Hyperliquid: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 55 min ago6.13 bp12.8 bp −$1356.5 bp −$565329.9 bp −$33.0K730.5 bp −$365.3K
Sell Hyperliquid live order book, 4 min ago2.16 bp33.6 bp −$34doesn't fitdoesn't fitdoesn't fit

AZTEC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AZTEC-USDT+0.0036%4h0.01627+0.123%$1.6Mas long as short
BloFin AZTEC-USDT+0.0071%4h0.01623−0.123%$97K$28K25xas long as short
Lighter AZTEC+0.0096%1h0.01623−0.098%$82K$100K3xas long as short
Hyperliquid AZTECshort+0.0100%1h0.01627+0.105%$1.1M$1.2M3x
Aster AZTECUSDT+0.0100%4h0.01621−0.232%$7K$21K5xas long as short
Binance AZTECUSDT+0.0100%4h0.01626+0.062%$1.9M$4.2M25xas long as short
Bybit AZTECUSDT+0.0100%4h0.01626+0.068%$1.5M$1.3M25xas long as short
OKX AZTEC-USDT-SWAP+0.0100%4h0.01626+0.062%$365K$892K20xas long as short
Gate AZTEC_USDT+0.0100%8h0.01622−0.185%$296K$430K25xas long as short
MEXC AZTEC_USDTlong+0.0100%4h0.01625long leg$244K$106K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AZTECUSDTM+0.0100%4h0.016250.000%$285K$288K20xas long as short
Bitget AZTECUSDT+0.0100%4h0.01624−0.062%$359K$276K20xas long as short
Variational Omni AZTEC+0.0100%4h0.01618−0.435%$65K$81Kas long as short
Extended AZTEC-USD+0.0104%1h0.01626+0.081%$57K$387K5xas long as short