AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.119%

Price spread now: OKX against Bybit+0.176%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1481.484% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 7 days−0.055%−$5 · spread now +0.176%, 7d avg +0.115%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.061% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AZTECUSDT	0.01594	0.0100	pay 0.0050% / 4h	52m 15s	$1.5M	$1.3M	25x
Short	OKX AZTEC-USDT-SWAP	0.01597	0.0147	get 0.0073% / 4h	52m 15s	$349K	$858K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.176%Rate

Funding earned: $9.84
Price spread: +0.176% → +0.115%: $6.07
Slippage, 4 orders: −$127.44
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$132.53
Costs to cover: 1.484%
Break-even: 101.2 days

Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	6.26 bp	45.5 bp −$45	371.0 bp −$3,710	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	6.25 bp	31.0 bp −$31	165.1 bp −$1,651	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	+0.0036%	4h	0.01595	+0.050%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01596	+0.113%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01596	+0.125%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01598	+0.252%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01596	+0.083%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDTlong	+0.0100%	4h	0.01594	long leg	$1.5M	$1.3M	25x
Gate AZTEC_USDT	+0.0100%	8h	0.01595	+0.050%	$291K	$422K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01594	−0.013%	$228K	$113K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01599	+0.301%	$295K	$298K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01595	+0.050%	$342K	$276K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01599	+0.316%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01596	+0.086%	$56K	$453K	5x	as long as short
BloFin AZTEC-USDT	+0.0140%	4h	0.01600	+0.364%	$95K	$32K	25x	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0147%	4h	0.01597	+0.176%	$349K	$858K	20x