AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h −0.158%

Price spread now: KuCoin against OKX+0.185%7-day average −0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,742as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,677as in the Price arb table

costs, in and out, $10k−$1,70417.038% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.385%−$39 on $10k

Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.185%, 7d avg −0.080%

Together, before fees−0.714%−$71 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.265% dearer against OKX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.385%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AZTEC-USDT-SWAP	0.01619	0.0100	pay 0.0050% / 4h	1h 32m	$363K	$890K	20x
Short	KuCoin AZTECUSDTM	0.01622	0.0292	get 0.0146% / 4h	1h 32m	$284K	$287K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.185%Rate

Funding earned: $40.32
Price spread: +0.185% → −0.080%: $26.53
Slippage, 4 orders: −$1,681.85
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,636.99
Costs to cover: 17.038%
Break-even: 291.2 days

Slippage from OKX: live order book, 49 min ago; KuCoin: live order book, 38 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, 49 min ago	3.07 bp	38.7 bp −$39	3730.4 bp −$37.3K	doesn't fit	doesn't fit
Sell KuCoin live order book, 38 min ago	21.53 bp	378.6 bp −$379	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	0.01620	+0.062%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01616	−0.154%	$78K	$98K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01620	+0.062%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01619	−0.012%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01619	−0.011%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01617	−0.130%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPlong	+0.0100%	4h	0.01619	long leg	$363K	$890K	20x
Gate AZTEC_USDT	+0.0100%	8h	0.01618	−0.062%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01618	−0.062%	$243K	$105K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01619	0.000%	$357K	$278K	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	0.01621	+0.143%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01619	+0.013%	$57K	$384K	5x	as long as short
BloFin AZTEC-USDT	+0.0123%	4h	0.01619	0.000%	$96K	$28K	25x	as long as short
KuCoin AZTECUSDTMshort	+0.0292%	4h	0.01622	+0.185%	$284K	$287K	20x