AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h −0.010%

Price spread now: MEXC against BingX0.000%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$860.861% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.128%−$13 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now 0.000%, 7d avg −0.033%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.033% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.128%, 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	0.01603	0.0070	pay 0.0035% / 4h	2h 20m	—	$1.6M	—
Short	MEXC AZTEC_USDT	0.01603	0.0188	get 0.0094% / 4h	2h 20m	$229K	$114K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $24.78
Price spread: 0.000% → −0.033%: $3.32
Slippage, 4 orders: −$72.13
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$58.03
Costs to cover: 0.861%
Break-even: 23.4 days

Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 29 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, 7 min ago	6.20 bp	25.3 bp −$25	97.3 bp −$973	1094.2 bp −$109.4K	doesn't fit
Sell MEXC live order book, 29 min ago	6.19 bp	15.4 bp −$15	65.0 bp −$650	344.7 bp −$34.5K	903.8 bp −$451.9K

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-USDTlong	+0.0070%	4h	0.01603	long leg	—	$1.6M	—
Lighter AZTEC	+0.0096%	1h	0.01602	−0.087%	$59K	$105K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01603	+0.006%	$1.1M	$1.2M	3x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01602	−0.062%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01605	+0.125%	$299K	$422K	25x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01602	−0.062%	$338K	$283K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01606	+0.200%	$64K	$84K	—	as long as short
KuCoin AZTECUSDTM	+0.0164%	4h	0.01608	+0.312%	$283K	$291K	20x	as long as short
Binance AZTECUSDT	+0.0180%	4h	0.01604	+0.047%	$1.9M	$4.2M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0184%	4h	0.01607	+0.250%	$353K	$865K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AZTEC_USDTshort	+0.0188%	4h	0.01603	0.000%	$229K	$114K	20x
Extended AZTEC-USD	+0.0192%	1h	0.01602	−0.058%	$57K	$453K	5x	as long as short
Aster AZTECUSDT	+0.0195%	4h	0.01607	+0.232%	$7K	$21K	5x	as long as short