AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.140%

Price spread now: BingX against Bitget+0.062%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1221.224% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.411%+$41 on $10k

Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.062%, 7d avg +0.054%

Together, before fees+0.310%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.411%, 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	Bitget AZTECUSDT	0.01625	0.0100	pay 0.0050% / 4h	1h 01m	$353K	$280K	20x
Short	BingX AZTEC-USDT	0.01626	0.0036	get 0.0018% / 4h	1h 01m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$13.44
Price spread: +0.062% → +0.054%: $0.73
Slippage, 4 orders: −$100.39
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$135.1
Costs to cover: 1.224%
Break-even: never at this rate

Slippage from Bitget: live order book, 8 min ago; BingX: live order book, 10 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 Bitget live order book, 8 min ago	3.08 bp	32.0 bp −$32	279.2 bp −$2,792	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	9.25 bp	27.7 bp −$28	94.8 bp −$948	743.8 bp −$74.4K	1204.2 bp −$602.1K

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	0.01626	+0.062%	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01623	−0.111%	$77K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01627	+0.123%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01624	−0.082%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01627	+0.092%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01623	−0.123%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01627	+0.123%	$363K	$890K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01624	−0.062%	$296K	$429K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01626	+0.062%	$218K	$111K	20x	as long as short
Bitget AZTECUSDTlong	+0.0100%	4h	0.01625	long leg	$353K	$280K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01622	−0.167%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01626	+0.073%	$57K	$383K	5x	as long as short
BloFin AZTEC-USDT	+0.0157%	4h	0.01628	+0.185%	$97K	$28K	25x	as long as short
KuCoin AZTECUSDTM	+0.0310%	4h	0.01627	+0.123%	$285K	$287K	20x	as long as short