AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.119%

Price spread now: OKX against KuCoin−0.187%7-day average +0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$898as in the Funding arb table

Net, price: spread back to 7d avg − costs−$961as in the Price arb table

costs, in and out, $10k−$9349.339% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.358%+$36 on $10k

Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.187%, 7d avg +0.080%

Together, before fees+0.563%+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.267% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.080%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.358%, 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	0.01606	0.0316	pay 0.0158% / 4h	2h 39m	$283K	$291K	20x
Short	OKX AZTEC-USDT-SWAP	0.01603	0.0303	get 0.0152% / 4h	2h 39m	$353K	$875K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.187%Rate

Funding earned: −$2.68
Price spread: −0.187% → +0.080%: −$26.69
Slippage, 4 orders: −$911.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$963.28
Costs to cover: 9.339%
Break-even: never at this rate

Slippage from KuCoin: live order book, 71 min ago; OKX: live order book, 27 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, 71 min ago	9.23 bp	471.2 bp −$471	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 27 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-USDT	+0.0070%	4h	0.01599	−0.436%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01600	−0.367%	$61K	$103K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01604	−0.156%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01600	−0.361%	$1.5M	$1.3M	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01600	−0.374%	$338K	$284K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01605	−0.078%	$64K	$84K	—	as long as short
Gate AZTEC_USDT	+0.0115%	8h	0.01603	−0.187%	$301K	$420K	25x	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0303%	4h	0.01603	−0.187%	$353K	$875K	20x
Binance AZTECUSDT	+0.0312%	4h	0.01601	−0.311%	$1.9M	$4.2M	25x	as long as short
KuCoin AZTECUSDTMlong	+0.0316%	4h	0.01606	long leg	$283K	$291K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AZTECUSDT	+0.0323%	4h	0.01604	−0.120%	$7K	$21K	5x	as long as short
MEXC AZTEC_USDT	+0.0326%	4h	0.01601	−0.311%	$232K	$113K	20x	as long as short
Extended AZTEC-USD	+0.0328%	1h	0.01599	−0.459%	$57K	$453K	5x	as long as short
BloFin AZTEC-USDT	+0.0413%	4h	0.01614	+0.498%	$96K	$31K	25x	as long as short