Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.069%
Price spread now: MEXC against Bybit0.000%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now 0.000%, 7d avg +0.032%
=Funding pays, the price is against you. MEXC is 0.032% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.032%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AZTECUSDT | 0.01608 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $1.5M | $1.3M | 25x |
| Short | MEXC AZTEC_USDT | 0.01608 | 0.0236 | get 0.0118% / 4h | 2h 28m | $230K | $114K | 20x |
Bybit AZTECUSDT
MEXC AZTEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $28.56
- Price spread: 0.000% → +0.032%
- −$3.24
- Slippage, 4 orders
- −$107.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$96.83
- Costs to cover
- 1.222%
- Break-even
- 30.7 days
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 21 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, 3 min ago | 6.22 bp | 43.7 bp −$44 | 327.8 bp −$3,278 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 21 min ago | 6.19 bp | 15.4 bp −$15 | 65.0 bp −$650 | 344.7 bp −$34.5K | 903.8 bp −$451.9K |
AZTEC on 13 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 | 0.01609 | +0.062% | — | $1.6M | — | as long as short |
| Lighter AZTEC | +0.0096% | 1h | 0.01606 | −0.093% | $60K | $104K | 3x | as long as short |
| Hyperliquid AZTEC | +0.0100% | 1h | 0.01607 | −0.062% | $1.1M | $1.2M | 3x | as long as short |
| Bybit AZTECUSDTlong | +0.0100% | 4h | 0.01608 | long leg | $1.5M | $1.3M | 25x | |
| Gate AZTEC_USDT | +0.0100% | 8h | 0.01607 | −0.062% | $302K | $422K | 25x | as long as short |
| Bitget AZTECUSDT | +0.0100% | 4h | 0.01606 | −0.124% | $339K | $283K | 20x | as long as short |
| Variational Omni AZTEC | +0.0100% | 4h | 0.01607 | −0.078% | $64K | $84K | — | as long as short |
| OKX AZTEC-USDT-SWAP | +0.0232% | 4h | 0.01608 | 0.000% | $353K | $868K | 20x | as long as short |
| KuCoin AZTECUSDTM | +0.0234% | 4h | 0.01609 | +0.062% | $283K | $291K | 20x | as long as short |
| MEXC AZTEC_USDTshort | +0.0236% | 4h | 0.01608 | 0.000% | $230K | $114K | 20x |
BingX AZTEC-USDT
Lighter AZTEC
Hyperliquid AZTEC
Gate AZTEC_USDT
Bitget AZTECUSDT
Variational Omni AZTEC
OKX AZTEC-USDT-SWAP
KuCoin AZTECUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AZTECUSDT | +0.0237% | 4h | 0.01608 | 0.000% | $1.9M | $4.2M | 25x | as long as short |
| Extended AZTEC-USD | +0.0240% | 1h | 0.01608 | +0.020% | $57K | $453K | 5x | as long as short |
| Aster AZTECUSDT | +0.0243% | 4h | 0.01608 | +0.025% | $7K | $21K | 5x | as long as short |
Binance AZTECUSDT
Extended AZTEC-USD
Aster AZTECUSDT