AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.90 per $10,000 · paid last 24h +0.054%

Price spread now: OKX against Binance+0.184%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1401.399% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 7 days−0.184%−$18 · spread now +0.184%, 7d avg +0.034%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.151% dearer against Binance than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.034%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.108%, 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	0.01627	0.0297	pay 0.0148% / 4h	28m 52s	$1.9M	$4.1M	25x
Short	OKX AZTEC-USDT-SWAP	0.01630	0.0117	get 0.0059% / 4h	28m 52s	$364K	$881K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now +0.184%Rate

Funding earned: −$37.67
Price spread: +0.184% → +0.034%: $15.06
Slippage, 4 orders: −$119.9
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$162.51
Costs to cover: 1.399%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; OKX: live order book, 47 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, 8 min ago	3.07 bp	27.8 bp −$28	169.9 bp −$1,699	doesn't fit	doesn't fit
Sell OKX live order book, 47 min ago	3.08 bp	43.9 bp −$44	doesn't fit	doesn't fit	doesn't fit

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	+0.0070%	4h	0.01628	+0.061%	—	$1.7M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01625	−0.123%	$76K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01629	+0.117%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01626	−0.043%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01626	−0.061%	$296K	$428K	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01628	+0.061%	$351K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01628	+0.081%	$65K	$80K	—	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0117%	4h	0.01630	+0.184%	$364K	$881K	20x
Aster AZTECUSDT	+0.0281%	4h	0.01626	−0.073%	$7K	$21K	5x	as long as short
MEXC AZTEC_USDT	+0.0282%	4h	0.01627	0.000%	$218K	$110K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AZTEC-USD	+0.0288%	1h	0.01627	+0.012%	$57K	$383K	5x	as long as short
Binance AZTECUSDTlong	+0.0297%	4h	0.01627	long leg	$1.9M	$4.1M	25x
BloFin AZTEC-USDT	+0.0333%	4h	0.01629	+0.123%	$97K	$28K	25x	as long as short
KuCoin AZTECUSDTM	+0.0618%	4h	0.01628	+0.061%	$286K	$287K	20x	as long as short