AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.038%

Price spread now: BingX against KuCoin0.000%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,023as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,066as in the Price arb table

costs, in and out, $10k−$1,06210.622% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.388%+$39 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now 0.000%, 7d avg +0.039%

Together, before fees+0.535%+$54 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.388%, 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	0.01591	0.0100	pay 0.0050% / 4h	3h 19m	$285K	$314K	20x
Short	BingX AZTEC-USDT	0.01591	0.0036	get 0.0018% / 4h	3h 19m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$13.44
Price spread: 0.000% → +0.039%: −$3.92
Slippage, 4 orders: −$1,040.15
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,079.51
Costs to cover: 10.622%
Break-even: never at this rate

Slippage from KuCoin: live order book, 52 min ago; BingX: live order book, 13 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, 52 min ago	9.41 bp	455.5 bp −$456	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	6.30 bp	30.8 bp −$31	92.7 bp −$927	591.1 bp −$59.1K	1000.4 bp −$500.2K

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	0.01591	0.000%	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01592	+0.057%	$56K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01591	+0.031%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01590	−0.063%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01590	−0.063%	$1.9M	$4.3M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01589	−0.119%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01590	−0.063%	$326K	$936K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01588	−0.189%	$296K	$423K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01591	0.000%	$239K	$119K	20x	as long as short
KuCoin AZTECUSDTMlong	+0.0100%	4h	0.01591	long leg	$285K	$314K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01587	−0.251%	$367K	$317K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01587	−0.269%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01591	+0.004%	$56K	$449K	5x	as long as short
BloFin AZTEC-USDT	+0.0131%	4h	0.01587	−0.251%	$92K	$33K	25x	as long as short