Funding arb · Price arb /

AZTEC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.087%

Price spread now: Hyperliquid against Variational Omni−0.135%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.135% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AZTEC	0.01622	0.0100	pay 0.0050% / 4h	2h 50m	$65K	$81K	—
Short	Hyperliquid AZTEC	0.01620	0.0100	get 0.0013% / 1h	50m 41s	$1.1M	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee HyperliquidbpOrdersPrice spread, now −0.135%Rate

Funding earned: $0
Price spread: −0.135% → 0.000%: −$13.51
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$22.51
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 10 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 10 min ago	3.07 bp	36.9 bp −$37	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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	0.01619	−0.215%	—	$1.7M	—	as long as short
BloFin AZTEC-USDT	+0.0081%	4h	0.01619	−0.215%	$98K	$23K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01617	−0.357%	$81K	$100K	3x	as long as short
Hyperliquid AZTECshort	+0.0100%	1h	0.01620	−0.135%	$1.1M	$1.2M	3x
Aster AZTECUSDT	+0.0100%	4h	0.01615	−0.465%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01619	−0.220%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01617	−0.338%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01620	−0.154%	$364K	$892K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01616	−0.400%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01618	−0.277%	$243K	$105K	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	0.01617	−0.338%	$285K	$288K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01620	−0.154%	$357K	$273K	20x	as long as short
Variational Omni AZTEClong	+0.0100%	4h	0.01622	long leg	$65K	$81K	—
Extended AZTEC-USD	+0.0104%	1h	0.01619	−0.208%	$57K	$387K	5x	as long as short