AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.099%

Price spread now: Bybit against BingX−0.099%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

costs, in and out, $10k−$1601.603% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.285%−$28 on $10k

Price spread, last 7 days+0.171%+$17 · spread now −0.099%, 7d avg −0.069%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.030% cheaper against BingX than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.069%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.285%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AZTEC-USDT	0.01623	0.0036	pay 0.0018% / 4h	1h 35m	—	$1.7M	—
Short	Bybit AZTECUSDT	0.01621	0.0100	get 0.0050% / 4h	1h 35m	$1.5M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.099%Rate

Funding earned: $13.44
Price spread: −0.099% → −0.069%: −$3.01
Slippage, 4 orders: −$139.25
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$149.82
Costs to cover: 1.603%
Break-even: 85.0 days

Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 5 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 BingX live order book, 11 min ago	9.24 bp	30.4 bp −$30	95.2 bp −$952	907.3 bp −$90.7K	1424.2 bp −$712.1K
Sell Bybit live order book, 5 min ago	6.16 bp	47.7 bp −$48	265.1 bp −$2,651	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-USDTlong	+0.0036%	4h	0.01623	long leg	—	$1.7M	—
Lighter AZTEC	+0.0096%	1h	0.01620	−0.173%	$79K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01624	+0.080%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01621	−0.111%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01623	0.000%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDTshort	+0.0100%	4h	0.01621	−0.099%	$1.5M	$1.3M	25x
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01624	+0.062%	$363K	$891K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01619	−0.246%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01623	0.000%	$243K	$105K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01624	+0.062%	$359K	$277K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01626	+0.173%	$65K	$81K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01623	−0.017%	$57K	$384K	5x	as long as short
BloFin AZTEC-USDT	+0.0138%	4h	0.01623	0.000%	$96K	$28K	25x	as long as short
KuCoin AZTECUSDTM	+0.0282%	4h	0.01623	0.000%	$285K	$287K	20x	as long as short