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 −0.042%

Price spread now: BingX against OKX−0.063%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1171.168% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days−0.094%−$9 · spread now −0.063%, 7d avg −0.040%

Together, before fees−0.064%−$6 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 0.023% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AZTEC-USDT-SWAP	0.01581	0.0100	pay 0.0050% / 4h	1h 54m	$324K	$892K	20x
Short	BingX AZTEC-USDT	0.01580	0.0036	get 0.0018% / 4h	1h 54m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$13.44
Price spread: −0.063% → −0.040%: −$2.34
Slippage, 4 orders: −$96.83
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$132.61
Costs to cover: 1.168%
Break-even: never at this rate

Slippage from OKX: live order book, 52 min ago; BingX: live order book, 7 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 OKX live order book, 52 min ago	6.33 bp	27.7 bp −$28	778.4 bp −$7,784	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	6.30 bp	25.1 bp −$25	100.0 bp −$1,000	600.1 bp −$60.0K	1083.7 bp −$541.9K

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	0.01580	−0.063%	—	$1.6M	—
BloFin AZTEC-USDT	+0.0094%	4h	0.01583	+0.127%	$91K	$36K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01581	+0.013%	$56K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01581	+0.025%	$1.1M	$1.1M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01581	+0.015%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01581	−0.013%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01579	−0.152%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPlong	+0.0100%	4h	0.01581	long leg	$324K	$892K	20x
Gate AZTEC_USDT	+0.0100%	8h	0.01581	0.000%	$293K	$413K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01580	−0.063%	$223K	$120K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTM	+0.0100%	4h	0.01583	+0.127%	$282K	$315K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01581	0.000%	$373K	$329K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01580	−0.081%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01581	−0.010%	$56K	$452K	5x	as long as short