AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0281%/8h= +30.8% APRnext payment +$1.41 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.153%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$956as in the Funding arb table

Net, price: spread back to 7d avg − costs−$933as in the Price arb table

costs, in and out, $10k−$9469.457% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.153%, 7d avg +0.022%

Together, before fees−0.182%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.131% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.41 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	Bybit AZTECUSDT	0.01634	0.0231	pay 0.0115% / 4h	3h 11m	$1.5M	$1.3M	25x
Short	KuCoin AZTECUSDTM	0.01637	0.0512	get 0.0256% / 4h	3h 11m	$288K	$285K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.153%Rate

Funding earned: $59.05
Price spread: +0.153% → +0.022%: $13.11
Slippage, 4 orders: −$922.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$873.54
Costs to cover: 9.457%
Break-even: 110.5 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 40 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, 5 min ago	3.06 bp	44.1 bp −$44	272.7 bp −$2,727	doesn't fit	doesn't fit
Sell KuCoin live order book, 40 min ago	9.23 bp	381.9 bp −$382	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-USDT	+0.0070%	4h	0.01635	+0.031%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01633	−0.098%	$66K	$104K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01636	+0.061%	$1.1M	$1.2M	3x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01636	+0.092%	$346K	$282K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01634	−0.047%	$67K	$82K	—	as long as short
Bybit AZTECUSDTlong	+0.0231%	4h	0.01634	long leg	$1.5M	$1.3M	25x
OKX AZTEC-USDT-SWAP	+0.0414%	4h	0.01637	+0.153%	$365K	$870K	20x	as long as short
BloFin AZTEC-USDT	+0.0440%	4h	0.01633	−0.092%	$97K	$31K	25x	as long as short
MEXC AZTEC_USDT	+0.0490%	4h	0.01634	−0.031%	$237K	$113K	20x	as long as short
Extended AZTEC-USD	+0.0496%	1h	0.01635	+0.039%	$59K	$455K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AZTECUSDT	+0.0496%	4h	0.01635	+0.031%	$2.0M	$4.2M	25x	as long as short
KuCoin AZTECUSDTMshort	+0.0512%	4h	0.01637	+0.153%	$288K	$285K	20x
Aster AZTECUSDT	+0.0532%	4h	0.01637	+0.177%	$7K	$21K	5x	as long as short
Gate AZTEC_USDT	+0.0605%	8h	0.01637	+0.153%	$306K	$424K	25x	as long as short