AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.029%

Price spread now: BingX against OKX−0.185%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1451.452% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.185%, 7d avg −0.043%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.142% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.043%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AZTEC-USDT-SWAP	0.01621	0.0100	pay 0.0050% / 4h	2h 52m	$363K	$892K	20x
Short	BingX AZTEC-USDT	0.01618	0.0036	get 0.0018% / 4h	2h 52m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.185%Rate

Funding earned: −$13.44
Price spread: −0.185% → −0.043%: −$14.19
Slippage, 4 orders: −$125.2
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$172.83
Costs to cover: 1.452%
Break-even: never at this rate

Slippage from OKX: live order book, 34 min ago; BingX: live order book, 10 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 OKX live order book, 34 min ago	6.12 bp	37.4 bp −$37	2609.5 bp −$26.1K	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	9.22 bp	27.4 bp −$27	90.9 bp −$909	629.8 bp −$63.0K	1078.9 bp −$539.5K

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	+0.0036%	4h	0.01618	−0.185%	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01615	−0.345%	$81K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01619	−0.123%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01621	−0.013%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01619	−0.151%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01615	−0.345%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPlong	+0.0100%	4h	0.01621	long leg	$363K	$892K	20x
Gate AZTEC_USDT	+0.0100%	8h	0.01617	−0.247%	$295K	$427K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01617	−0.247%	$243K	$105K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01618	−0.185%	$285K	$288K	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	0.01620	−0.062%	$358K	$273K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01622	+0.092%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01618	−0.178%	$57K	$387K	5x	as long as short
BloFin AZTEC-USDT	+0.0158%	4h	0.01616	−0.308%	$97K	$23K	25x	as long as short