AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.080%

Price spread now: Bybit against BingX−0.125%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$188as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1601.597% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.284%−$28 on $10k

Price spread, last 7 days+0.064%+$6 · spread now −0.125%, 7d avg −0.074%

Together, before fees−0.220%−$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.051% cheaper against BingX than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.074%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.284%, 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	BingX AZTEC-USDT	0.01603	0.0036	pay 0.0018% / 4h	1h 35m	—	$1.6M	—
Short	Bybit AZTECUSDT	0.01601	0.0100	get 0.0050% / 4h	1h 35m	$1.5M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.125%Rate

Funding earned: $13.44
Price spread: −0.125% → −0.074%: −$5.07
Slippage, 4 orders: −$138.67
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$151.3
Costs to cover: 1.597%
Break-even: 85.8 days

Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 1 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 BingX live order book, 11 min ago	9.40 bp	31.2 bp −$31	101.3 bp −$1,013	935.8 bp −$93.6K	1414.5 bp −$707.3K
Sell Bybit live order book, 1 min ago	3.13 bp	51.6 bp −$52	253.0 bp −$2,530	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-USDTlong	+0.0036%	4h	0.01603	long leg	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01602	−0.050%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01603	−0.012%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01598	−0.327%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01601	−0.099%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDTshort	+0.0100%	4h	0.01601	−0.125%	$1.5M	$1.3M	25x
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01605	+0.125%	$353K	$861K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01596	−0.437%	$296K	$423K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01602	−0.062%	$229K	$114K	20x	as long as short
KuCoin AZTECUSDTM	+0.0100%	4h	0.01599	−0.250%	$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	0.01600	−0.187%	$343K	$279K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01600	−0.207%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01602	−0.043%	$56K	$456K	5x	as long as short
BloFin AZTEC-USDT	+0.0117%	4h	0.01599	−0.250%	$95K	$32K	25x	as long as short