AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.140%

Price spread now: BingX against Bitget+0.246%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1161.155% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.411%+$41 on $10k

Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.246%, 7d avg +0.056%

Together, before fees+0.229%+$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.191% dearer against Bitget than usual: you sell high and buy low (spread +0.246% now, against its 7-day average of +0.056%): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.411%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AZTECUSDT	0.01623	0.0100	pay 0.0050% / 4h	2h 27m	$359K	$276K	20x
Short	BingX AZTEC-USDT	0.01627	0.0036	get 0.0018% / 4h	2h 27m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.246%Rate

Funding earned: −$13.44
Price spread: +0.246% → +0.056%: $19.08
Slippage, 4 orders: −$93.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$109.87
Costs to cover: 1.155%
Break-even: never at this rate

Slippage from Bitget: live order book, 56 min ago; BingX: live order book, 10 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 Bitget live order book, 56 min ago	9.20 bp	20.9 bp −$21	209.4 bp −$2,094	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	9.27 bp	33.8 bp −$34	97.3 bp −$973	641.9 bp −$64.2K	1066.3 bp −$533.1K

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-USDTshort	+0.0036%	4h	0.01627	+0.246%	—	$1.6M	—
BloFin AZTEC-USDT	+0.0071%	4h	0.01623	0.000%	$97K	$28K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01623	0.000%	$82K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01628	+0.283%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01619	−0.224%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01624	+0.042%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01623	−0.012%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01626	+0.185%	$364K	$893K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01620	−0.185%	$296K	$430K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01624	+0.062%	$244K	$106K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTM	+0.0100%	4h	0.01619	−0.246%	$284K	$288K	20x	as long as short
Bitget AZTECUSDTlong	+0.0100%	4h	0.01623	long leg	$359K	$276K	20x
Variational Omni AZTEC	+0.0100%	4h	0.01618	−0.313%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01625	+0.143%	$57K	$387K	5x	as long as short