AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0261%/8h= +28.5% APRnext payment +$1.30 per $10,000 · paid last 24h +0.039%

Price spread now: OKX against BingX+0.062%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1531.527% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 7 days−0.050%−$5 · spread now +0.062%, 7d avg +0.041%

Together, before fees−0.083%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.021% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.041%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AZTEC-USDT	0.01613	0.0070	pay 0.0035% / 4h	2h 43m	—	$1.6M	—
Short	OKX AZTEC-USDT-SWAP	0.01614	0.0331	get 0.0165% / 4h	2h 43m	$354K	$874K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.062%Rate

Funding earned: $54.71
Price spread: +0.062% → +0.041%: $2.09
Slippage, 4 orders: −$132.68
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$95.89
Costs to cover: 1.527%
Break-even: 19.3 days

Slippage from BingX: live order book, 3 min ago; OKX: live order book, 23 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, 3 min ago	9.30 bp	33.0 bp −$33	96.8 bp −$968	969.4 bp −$96.9K	1396.8 bp −$698.4K
Sell OKX live order book, 23 min ago	6.11 bp	44.6 bp −$45	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-USDTlong	+0.0070%	4h	0.01613	long leg	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01610	−0.192%	$62K	$102K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01614	+0.056%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01610	−0.192%	$1.5M	$1.3M	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01608	−0.310%	$339K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01610	−0.201%	$64K	$84K	—	as long as short
Gate AZTEC_USDT	+0.0181%	8h	0.01610	−0.186%	$300K	$419K	25x	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0331%	4h	0.01614	+0.062%	$354K	$874K	20x
Binance AZTECUSDT	+0.0348%	4h	0.01613	−0.004%	$1.9M	$4.2M	25x	as long as short
KuCoin AZTECUSDTM	+0.0350%	4h	0.01611	−0.124%	$284K	$291K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AZTEC-USD	+0.0360%	1h	0.01612	−0.056%	$57K	$455K	5x	as long as short
MEXC AZTEC_USDT	+0.0360%	4h	0.01612	−0.062%	$234K	$112K	20x	as long as short
Aster AZTECUSDT	+0.0372%	4h	0.01612	−0.062%	$7K	$21K	5x	as long as short
BloFin AZTEC-USDT	+0.0413%	4h	0.01614	+0.062%	$96K	$31K	25x	as long as short