AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h −0.110%

Price spread now: Bitget against MEXC0.000%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1021.016% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now 0.000%, 7d avg −0.021%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.021% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.021%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AZTEC_USDT	0.01602	0.0188	pay 0.0094% / 4h	2h 20m	$229K	$114K	20x
Short	Bitget AZTECUSDT	0.01602	0.0100	get 0.0050% / 4h	2h 20m	$338K	$283K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$18.48
Price spread: 0.000% → −0.021%: $2.12
Slippage, 4 orders: −$85.64
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$118
Costs to cover: 1.016%
Break-even: never at this rate

Slippage from MEXC: live order book, 29 min ago; Bitget: live order book, 40 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 MEXC live order book, 29 min ago	6.19 bp	13.6 bp −$14	59.3 bp −$593	341.8 bp −$34.2K	845.5 bp −$422.7K
Sell Bitget live order book, 40 min ago	6.17 bp	41.1 bp −$41	267.1 bp −$2,671	doesn't fit	doesn't fit

AZTEC on 13 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	0.01605	+0.187%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01602	−0.031%	$59K	$105K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01604	+0.094%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01602	−0.031%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01604	+0.125%	$298K	$423K	25x	as long as short
Bitget AZTECUSDTshort	+0.0100%	4h	0.01602	0.000%	$338K	$283K	20x
Variational Omni AZTEC	+0.0100%	4h	0.01606	+0.262%	$64K	$84K	—	as long as short
KuCoin AZTECUSDTM	+0.0164%	4h	0.01608	+0.375%	$283K	$291K	20x	as long as short
OKX AZTEC-USDT-SWAP	+0.0178%	4h	0.01607	+0.312%	$353K	$865K	20x	as long as short
Binance AZTECUSDT	+0.0180%	4h	0.01603	+0.062%	$1.9M	$4.2M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AZTEC-USD	+0.0184%	1h	0.01603	+0.067%	$57K	$453K	5x	as long as short
MEXC AZTEC_USDTlong	+0.0188%	4h	0.01602	long leg	$229K	$114K	20x
Aster AZTECUSDT	+0.0195%	4h	0.01606	+0.232%	$7K	$21K	5x	as long as short