Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Binance−0.053%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now −0.053%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AZTECUSDT | 0.01626 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $1.9M | $4.1M | 25x |
| Short | BingX AZTEC-USDT | 0.01625 | 0.0036 | get 0.0018% / 4h | 1h 55m | — | $1.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.44
- Price spread: −0.053% → −0.008%
- −$4.5
- Slippage, 4 orders
- −$97.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$135.54
- Costs to cover
- 1.176%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 6 min ago.
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 Binance live order book, 11 min ago | 6.17 bp | 28.3 bp −$28 | 156.8 bp −$1,568 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 9.27 bp | 30.6 bp −$31 | 96.8 bp −$968 | 712.4 bp −$71.2K | 1161.7 bp −$580.9K |
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-USDTshort | +0.0036% | 4h | 0.01625 | −0.053% | — | $1.7M | — | |
| Lighter AZTEC | +0.0096% | 1h | 0.01622 | −0.207% | $81K | $95K | 3x | as long as short |
| Hyperliquid AZTEC | +0.0100% | 1h | 0.01625 | −0.053% | $1.1M | $1.2M | 3x | as long as short |
| Aster AZTECUSDT | +0.0100% | 4h | 0.01622 | −0.239% | $7K | $21K | 5x | as long as short |
| Binance AZTECUSDTlong | +0.0100% | 4h | 0.01626 | long leg | $1.9M | $4.1M | 25x | |
| Bybit AZTECUSDT | +0.0100% | 4h | 0.01623 | −0.145% | $1.5M | $1.3M | 25x | as long as short |
| OKX AZTEC-USDT-SWAP | +0.0100% | 4h | 0.01626 | +0.009% | $364K | $893K | 20x | as long as short |
| Gate AZTEC_USDT | +0.0100% | 8h | 0.01621 | −0.299% | $295K | $428K | 25x | as long as short |
| MEXC AZTEC_USDT | +0.0100% | 4h | 0.01624 | −0.114% | $244K | $104K | 20x | as long as short |
| Bitget AZTECUSDT | +0.0100% | 4h | 0.01624 | −0.114% | $359K | $276K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AZTEC | +0.0100% | 4h | 0.01616 | −0.610% | $65K | $81K | — | as long as short |
| Extended AZTEC-USD | +0.0104% | 1h | 0.01625 | −0.068% | $57K | $387K | 5x | as long as short |
| KuCoin AZTECUSDTM | +0.0122% | 4h | 0.01624 | −0.114% | $285K | $287K | 20x | as long as short |
| BloFin AZTEC-USDT | +0.0160% | 4h | 0.01621 | −0.299% | $97K | $31K | 25x | as long as short |
Binance AZTECUSDT
BingX AZTEC-USDT
Lighter AZTEC
Hyperliquid AZTEC
Aster AZTECUSDT
Bybit AZTECUSDT
OKX AZTEC-USDT-SWAP
Gate AZTEC_USDT
MEXC AZTEC_USDT
Bitget AZTECUSDT
Variational Omni AZTEC
Extended AZTEC-USD
KuCoin AZTECUSDTM
BloFin AZTEC-USDT