Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.050%

Price spread now: OKX against MEXC+0.251%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$1061.065% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.251%, 7d avg +0.073%

Together, before fees−0.025%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.178% dearer against MEXC than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AZTEC_USDT	0.01593	0.0100	pay 0.0050% / 4h	1h 39m	$227K	$114K	20x
Short	OKX AZTEC-USDT-SWAP	0.01597	0.0100	get 0.0050% / 4h	1h 39m	$353K	$856K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now +0.251%Rate

Funding earned: $0
Price spread: +0.251% → +0.073%: $17.83
Slippage, 4 orders: −$92.46
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$88.62
Costs to cover: 1.065%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 22 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 MEXC live order book, 5 min ago	3.13 bp	11.9 bp −$12	75.2 bp −$752	327.6 bp −$32.8K	673.9 bp −$337.0K
Sell OKX live order book, 22 min ago	6.26 bp	43.2 bp −$43	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	+0.0036%	4h	0.01595	+0.126%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01595	+0.126%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01595	+0.144%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01596	+0.179%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01595	+0.126%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01594	+0.063%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0100%	4h	0.01597	+0.251%	$353K	$856K	20x
Gate AZTEC_USDT	+0.0100%	8h	0.01596	+0.188%	$296K	$422K	25x	as long as short
MEXC AZTEC_USDTlong	+0.0100%	4h	0.01593	long leg	$227K	$114K	20x
KuCoin AZTECUSDTM	+0.0100%	4h	0.01597	+0.251%	$302K	$295K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01595	+0.126%	$342K	$279K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01594	+0.075%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01595	+0.114%	$56K	$456K	5x	as long as short
BloFin AZTEC-USDT	+0.0154%	4h	0.01596	+0.188%	$95K	$31K	25x	as long as short