AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h −0.025%

Price spread now: MEXC against BingX−0.061%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$800.800% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.145%−$14 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.061%, 7d avg −0.035%

Together, before fees−0.134%−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.027% cheaper against BingX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.035%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.145%, 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	0.01629	0.0070	pay 0.0035% / 4h	30m 49s	—	$1.6M	—
Short	MEXC AZTEC_USDT	0.01628	0.0268	get 0.0134% / 4h	30m 49s	$219K	$109K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.061%Rate

Funding earned: $41.58
Price spread: −0.061% → −0.035%: −$2.66
Slippage, 4 orders: −$65.99
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$41.07
Costs to cover: 0.800%
Break-even: 13.9 days

Slippage from BingX: live order book, 16 min ago; MEXC: live order book, 28 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, 16 min ago	6.12 bp	27.7 bp −$28	89.7 bp −$897	doesn't fit	doesn't fit
Sell MEXC live order book, 28 min ago	3.07 bp	14.2 bp −$14	68.5 bp −$685	346.5 bp −$34.6K	989.6 bp −$494.8K

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	0.01629	long leg	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01625	−0.252%	$76K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01629	0.000%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01628	−0.086%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01627	−0.123%	$297K	$428K	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01628	−0.061%	$352K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01628	−0.042%	$65K	$80K	—	as long as short
OKX AZTEC-USDT-SWAP	+0.0110%	4h	0.01630	+0.061%	$364K	$882K	20x	as long as short
MEXC AZTEC_USDTshort	+0.0268%	4h	0.01628	−0.061%	$219K	$109K	20x
BloFin AZTEC-USDT	+0.0269%	4h	0.01628	−0.061%	$97K	$28K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AZTECUSDT	+0.0278%	4h	0.01626	−0.154%	$7K	$21K	5x	as long as short
Extended AZTEC-USD	+0.0280%	1h	0.01628	−0.047%	$57K	$383K	5x	as long as short
Binance AZTECUSDT	+0.0282%	4h	0.01627	−0.123%	$1.9M	$4.1M	25x	as long as short
KuCoin AZTECUSDTM	+0.0610%	4h	0.01629	0.000%	$286K	$287K	20x	as long as short