Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%

Price spread now: KuCoin against MEXC+0.063%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,061as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,028as in the Price arb table

costs, in and out, $10k−$1,03510.351% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.263%−$26 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.063%, 7d avg −0.006%

Together, before fees−0.363%−$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.069% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AZTEC_USDT	0.01592	0.0100	pay 0.0050% / 4h	3h 17m	$239K	$119K	20x
Short	KuCoin AZTECUSDTM	0.01593	0.0100	get 0.0050% / 4h	3h 17m	$285K	$314K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → −0.006%: $6.92
Slippage, 4 orders: −$1,019.07
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,028.15
Costs to cover: 10.351%
Break-even: never at this rate

Slippage from MEXC: live order book, 17 min ago; KuCoin: live order book, 54 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, 17 min ago	3.15 bp	14.0 bp −$14	55.9 bp −$559	336.7 bp −$33.7K	788.6 bp −$394.3K
Sell KuCoin live order book, 54 min ago	9.41 bp	552.0 bp −$552	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	+0.0036%	4h	0.01592	0.000%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01593	+0.038%	$56K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01592	0.000%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01590	−0.126%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01593	+0.047%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01590	−0.126%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01592	0.000%	$327K	$938K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01592	0.000%	$293K	$426K	25x	as long as short
MEXC AZTEC_USDTlong	+0.0100%	4h	0.01592	long leg	$239K	$119K	20x
KuCoin AZTECUSDTMshort	+0.0100%	4h	0.01593	+0.063%	$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	0.01592	0.000%	$366K	$318K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01587	−0.332%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01592	+0.020%	$56K	$449K	5x	as long as short
BloFin AZTEC-USDT	+0.0159%	4h	0.01591	−0.063%	$92K	$33K	25x	as long as short