AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.104%

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

Net, funding: paid 7d − costs−$1,641as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,665as in the Price arb table

costs, in and out, $10k−$1,66816.683% of the position

Long on KuCoin Short on Binance

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)−0.004%$0 · spread now +0.062%, 7d avg +0.034%

Together, before fees+0.273%+$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.028% dearer against KuCoin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.034%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.277%, 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	KuCoin AZTECUSDTM	0.01623	0.0300	pay 0.0150% / 4h	1h 05m	$285K	$287K	20x
Short	Binance AZTECUSDT	0.01624	0.0100	get 0.0050% / 4h	1h 05m	$1.9M	$4.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.062%Rate

Funding earned: −$42
Price spread: +0.062% → +0.034%: $2.79
Slippage, 4 orders: −$1,646.26
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,707.47
Costs to cover: 16.683%
Break-even: never at this rate

Slippage from KuCoin: live order book, 65 min ago; Binance: 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 KuCoin live order book, 65 min ago	21.53 bp	1234.9 bp −$1,235	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	3.08 bp	27.7 bp −$28	125.1 bp −$1,251	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	0.01624	+0.062%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01621	−0.099%	$76K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01625	+0.129%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01622	−0.033%	$7K	$21K	5x	as long as short
Binance AZTECUSDTshort	+0.0100%	4h	0.01624	+0.062%	$1.9M	$4.1M	25x
Bybit AZTECUSDT	+0.0100%	4h	0.01623	−0.006%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01627	+0.246%	$363K	$890K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01623	0.000%	$296K	$429K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01623	0.000%	$218K	$111K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01625	+0.123%	$353K	$280K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01620	−0.198%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01624	+0.073%	$57K	$383K	5x	as long as short
BloFin AZTEC-USDT	+0.0154%	4h	0.01622	−0.062%	$97K	$28K	25x	as long as short
KuCoin AZTECUSDTMlong	+0.0300%	4h	0.01623	long leg	$285K	$287K	20x