AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.079%

Price spread now: BingX against Bybit+0.193%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1711.706% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.283%+$28 on $10k

Price spread, last 7 days−0.181%−$18 · spread now +0.193%, 7d avg +0.070%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.123% dearer against Bybit than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of +0.070%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. Mind the row above: over the last 7 days funding on this pair paid +0.283%, 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	Bybit AZTECUSDT	0.01607	0.0100	pay 0.0050% / 4h	2h 55m	$1.5M	$1.3M	25x
Short	BingX AZTEC-USDT	0.01610	0.0070	get 0.0035% / 4h	2h 55m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.193%Rate

Funding earned: −$6.3
Price spread: +0.193% → +0.070%: $12.27
Slippage, 4 orders: −$149.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$164.67
Costs to cover: 1.706%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 7 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 Bybit live order book, 1 min ago	9.32 bp	54.4 bp −$54	469.1 bp −$4,691	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	9.25 bp	29.0 bp −$29	100.6 bp −$1,006	755.4 bp −$75.5K	1169.1 bp −$584.5K

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	+0.0070%	4h	0.01610	+0.193%	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01607	+0.019%	$62K	$101K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01611	+0.224%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDTlong	+0.0100%	4h	0.01607	long leg	$1.5M	$1.3M	25x
Bitget AZTECUSDT	+0.0100%	4h	0.01610	+0.193%	$340K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01606	−0.071%	$64K	$84K	—	as long as short
Gate AZTEC_USDT	+0.0316%	8h	0.01608	+0.068%	$298K	$417K	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0405%	4h	0.01612	+0.317%	$360K	$862K	20x	as long as short
BloFin AZTEC-USDT	+0.0414%	4h	0.01613	+0.380%	$96K	$31K	25x	as long as short
MEXC AZTEC_USDT	+0.0430%	4h	0.01609	+0.131%	$233K	$112K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AZTECUSDT	+0.0431%	4h	0.01610	+0.188%	$1.9M	$4.2M	25x	as long as short
Extended AZTEC-USD	+0.0432%	1h	0.01609	+0.139%	$58K	$452K	5x	as long as short
Aster AZTECUSDT	+0.0449%	4h	0.01610	+0.189%	$7K	$21K	5x	as long as short
KuCoin AZTECUSDTM	+0.0452%	4h	0.01612	+0.317%	$282K	$291K	20x	as long as short