AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h −0.104%

Price spread now: KuCoin against Binance+0.062%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,698as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,661as in the Price arb table

costs, in and out, $10k−$1,67016.701% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.277%−$28 on $10k

Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.062%, 7d avg −0.034%

Together, before fees−0.396%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.095% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.277%, 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	Binance AZTECUSDT	0.01622	0.0100	pay 0.0050% / 4h	1h 49m	$1.9M	$4.1M	25x
Short	KuCoin AZTECUSDTM	0.01623	0.0178	get 0.0089% / 4h	1h 49m	$285K	$288K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.062%Rate

Funding earned: $16.38
Price spread: +0.062% → −0.034%: $9.54
Slippage, 4 orders: −$1,648.05
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,644.14
Costs to cover: 16.701%
Break-even: 709.6 days

Slippage from Binance: live order book, 3 min ago; KuCoin: 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 Binance live order book, 3 min ago	3.08 bp	26.1 bp −$26	172.4 bp −$1,724	doesn't fit	doesn't fit
Sell KuCoin live order book, 22 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	0.01623	+0.062%	—	$1.7M	—	as long as short
BloFin AZTEC-USDT	+0.0094%	4h	0.01624	+0.123%	$97K	$28K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01620	−0.142%	$79K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01623	+0.092%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01621	−0.075%	$7K	$21K	5x	as long as short
Binance AZTECUSDTlong	+0.0100%	4h	0.01622	long leg	$1.9M	$4.1M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01620	−0.123%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01624	+0.123%	$363K	$892K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01619	−0.185%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01623	+0.062%	$243K	$104K	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	0.01624	+0.123%	$359K	$277K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01622	+0.022%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01623	+0.077%	$57K	$387K	5x	as long as short
KuCoin AZTECUSDTMshort	+0.0178%	4h	0.01623	+0.062%	$285K	$288K	20x