AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.050%

Price spread now: MEXC against OKX−0.125%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$830.830% of the position

Long on OKX Short on MEXC

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)+0.028%+$3 · spread now −0.125%, 7d avg −0.073%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.053% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.073%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AZTEC-USDT-SWAP	0.01594	0.0137	pay 0.0069% / 4h	48m 46s	$348K	$857K	20x
Short	MEXC AZTEC_USDT	0.01592	0.0100	get 0.0050% / 4h	48m 46s	$227K	$113K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.125%Rate

Funding earned: −$7.87
Price spread: −0.125% → −0.073%: −$5.28
Slippage, 4 orders: −$69.01
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$96.17
Costs to cover: 0.830%
Break-even: never at this rate

Slippage from OKX: live order book, 7 min ago; MEXC: live order book, 56 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, 7 min ago	6.25 bp	25.8 bp −$26	987.0 bp −$9,870	doesn't fit	doesn't fit
Sell MEXC live order book, 56 min ago	3.13 bp	14.3 bp −$14	77.0 bp −$770	334.4 bp −$33.4K	712.7 bp −$356.3K

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	0.01593	−0.063%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01593	−0.063%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01594	−0.013%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01594	+0.020%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01593	−0.063%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01592	−0.125%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01593	−0.063%	$291K	$422K	25x	as long as short
MEXC AZTEC_USDTshort	+0.0100%	4h	0.01592	−0.125%	$227K	$113K	20x
KuCoin AZTECUSDTM	+0.0100%	4h	0.01595	+0.063%	$294K	$300K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01593	−0.063%	$341K	$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	0.01594	−0.017%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01594	−0.028%	$56K	$453K	5x	as long as short
BloFin AZTEC-USDT	+0.0116%	4h	0.01595	+0.063%	$95K	$32K	25x	as long as short
OKX AZTEC-USDT-SWAPlong	+0.0137%	4h	0.01594	long leg	$348K	$857K	20x