AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0558%/8h= +61.1% APRnext payment +$2.79 per $10,000 · paid last 24h −0.129%

Price spread now: KuCoin against BingX−0.429%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,452as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,449as in the Price arb table

costs, in and out, $10k−$1,41014.099% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.422%−$42 on $10k

Price spread, last 4 days (all we have)+0.399%+$40 · spread now −0.429%, 7d avg −0.043%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.386% cheaper against BingX than usual: you would sell low and buy high (spread −0.429% now, against its 7-day average of −0.043%). If the spread goes back, that is −$39 on $10k: about 2.3 days of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.422%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AZTEC-USDT	0.01630	0.0070	pay 0.0035% / 4h	4m 18s	—	$1.7M	—
Short	KuCoin AZTECUSDTM	0.01623	0.0628	get 0.0314% / 4h	4m 18s	$285K	$286K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.429%Rate

Funding earned: $117.18
Price spread: −0.429% → −0.043%: −$38.64
Slippage, 4 orders: −$1,387.92
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,331.38
Costs to cover: 14.099%
Break-even: 86.5 days

Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 57 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 BingX live order book, 2 min ago	9.24 bp	33.2 bp −$33	97.7 bp −$977	927.6 bp −$92.8K	1410.0 bp −$705.0K
Sell KuCoin live order book, 57 min ago	6.14 bp	395.2 bp −$395	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-USDTlong	+0.0070%	4h	0.01630	long leg	—	$1.7M	—
Lighter AZTEC	+0.0096%	1h	0.01627	−0.196%	$72K	$101K	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01628	−0.104%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01625	−0.307%	$296K	$429K	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01627	−0.184%	$351K	$279K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01623	−0.443%	$65K	$80K	—	as long as short
Hyperliquid AZTEC	+0.0138%	1h	0.01631	+0.080%	$1.1M	$1.2M	3x	as long as short
OKX AZTEC-USDT-SWAP	+0.0156%	4h	0.01626	−0.245%	$362K	$877K	20x	as long as short
MEXC AZTEC_USDT	+0.0348%	4h	0.01629	−0.061%	$236K	$115K	20x	as long as short
Extended AZTEC-USD	+0.0360%	1h	0.01629	−0.050%	$57K	$383K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AZTECUSDT	+0.0361%	4h	0.01624	−0.365%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0363%	4h	0.01629	−0.061%	$1.9M	$4.1M	25x	as long as short
BloFin AZTEC-USDT	+0.0388%	4h	0.01622	−0.491%	$96K	$30K	25x	as long as short
KuCoin AZTECUSDTMshort	+0.0628%	4h	0.01623	−0.429%	$285K	$286K	20x