Funding you earn now, next payment 04:00 UTC+0.0328%/8h= +36.0% APRnext payment +$1.64 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against BingX−0.186%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.210%+$21 · spread now −0.186%, 7d avg +0.041%
=Funding pays, the price is against you. OKX is 0.227% cheaper against BingX than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of +0.041%). If the spread goes back, that is −$23 on $10k: about 2.3 days of funding at the current rate (+$10 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AZTEC-USDT | 0.01612 | 0.0070 | pay 0.0035% / 4h | 2h 53m | — | $1.6M | — |
| Short | OKX AZTEC-USDT-SWAP | 0.01609 | 0.0398 | get 0.0199% / 4h | 2h 53m | $359K | $861K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- $68.98
- Price spread: −0.186% → +0.041%
- −$22.72
- Slippage, 4 orders
- −$121.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$95.63
- Costs to cover
- 1.419%
- Break-even
- 16.7 days
Slippage from BingX: live order book, 8 min ago; OKX: live order book, 12 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, 8 min ago | 9.25 bp | 32.1 bp −$32 | 103.1 bp −$1,031 | 1078.0 bp −$107.8K | doesn't fit |
| Sell OKX live order book, 12 min ago | 6.11 bp | 44.6 bp −$45 | 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 | 0.01612 | long leg | — | $1.6M | — | |
| Lighter AZTEC | +0.0096% | 1h | 0.01611 | −0.062% | $62K | $101K | 3x | as long as short |
| Hyperliquid AZTEC | +0.0100% | 1h | 0.01612 | −0.006% | $1.1M | $1.2M | 3x | as long as short |
| Bybit AZTECUSDT | +0.0100% | 4h | 0.01611 | −0.062% | $1.5M | $1.3M | 25x | as long as short |
| Bitget AZTECUSDT | +0.0100% | 4h | 0.01612 | 0.000% | $340K | $283K | 20x | as long as short |
| Variational Omni AZTEC | +0.0100% | 4h | 0.01606 | −0.388% | $64K | $84K | — | as long as short |
| Gate AZTEC_USDT | +0.0291% | 8h | 0.01609 | −0.186% | $300K | $419K | 25x | as long as short |
| OKX AZTEC-USDT-SWAPshort | +0.0398% | 4h | 0.01609 | −0.186% | $359K | $861K | 20x | |
| Binance AZTECUSDT | +0.0407% | 4h | 0.01612 | +0.022% | $1.9M | $4.2M | 25x | as long as short |
| BloFin AZTEC-USDT | +0.0414% | 4h | 0.01613 | +0.062% | $96K | $31K | 25x | 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 | +0.0416% | 1h | 0.01612 | −0.024% | $58K | $452K | 5x | as long as short |
| MEXC AZTEC_USDT | +0.0430% | 4h | 0.01611 | −0.062% | $233K | $112K | 20x | as long as short |
| Aster AZTECUSDT | +0.0434% | 4h | 0.01610 | −0.118% | $7K | $21K | 5x | as long as short |
| KuCoin AZTECUSDTM | +0.0444% | 4h | 0.01611 | −0.062% | $283K | $291K | 20x | as long as short |
BingX AZTEC-USDT
OKX AZTEC-USDT-SWAP
Lighter AZTEC
Hyperliquid AZTEC
Bybit AZTECUSDT
Bitget AZTECUSDT
Variational Omni AZTEC
Gate AZTEC_USDT
Binance AZTECUSDT
BloFin AZTEC-USDT
Extended AZTEC-USD
MEXC AZTEC_USDT
Aster AZTECUSDT
KuCoin AZTECUSDTM