AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0266%/8h= +29.2% APRnext payment +$1.33 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.251%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$942as in the Funding arb table

Net, price: spread back to 7d avg − costs−$909as in the Price arb table

costs, in and out, $10k−$9329.317% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.251%, 7d avg +0.022%

Together, before fees−0.280%−$28 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 KuCoin is 0.229% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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	Bybit AZTECUSDT	0.01632	0.0262	pay 0.0131% / 4h	3h 04m	$1.5M	$1.3M	25x
Short	KuCoin AZTECUSDTM	0.01636	0.0528	get 0.0264% / 4h	3h 04m	$287K	$284K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.251%Rate

Funding earned: $55.92
Price spread: +0.251% → +0.022%: $22.94
Slippage, 4 orders: −$908.67
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$852.81
Costs to cover: 9.317%
Break-even: 113.7 days

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 47 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 Bybit live order book, 2 min ago	6.12 bp	32.7 bp −$33	282.7 bp −$2,827	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	9.23 bp	381.9 bp −$382	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	+0.0070%	4h	0.01633	+0.067%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01633	+0.055%	$65K	$105K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01633	+0.092%	$1.1M	$1.2M	3x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01635	+0.190%	$346K	$282K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01633	+0.080%	$67K	$82K	—	as long as short
Bybit AZTECUSDTlong	+0.0262%	4h	0.01632	long leg	$1.5M	$1.3M	25x
BloFin AZTEC-USDT	+0.0459%	4h	0.01639	+0.435%	$97K	$31K	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0467%	4h	0.01635	+0.190%	$365K	$870K	20x	as long as short
Binance AZTECUSDT	+0.0510%	4h	0.01633	+0.067%	$1.9M	$4.2M	25x	as long as short
Extended AZTEC-USD	+0.0512%	1h	0.01635	+0.199%	$59K	$455K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AZTEC_USDT	+0.0512%	4h	0.01634	+0.129%	$237K	$113K	20x	as long as short
KuCoin AZTECUSDTMshort	+0.0528%	4h	0.01636	+0.251%	$287K	$284K	20x
Aster AZTECUSDT	+0.0540%	4h	0.01635	+0.197%	$7K	$21K	5x	as long as short
Gate AZTEC_USDT	+0.0617%	8h	0.01634	+0.129%	$304K	$424K	25x	as long as short