AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.079%

Price spread now: BingX against KuCoin−0.187%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$837as in the Funding arb table

Net, price: spread back to 7d avg − costs−$899as in the Price arb table

costs, in and out, $10k−$8768.757% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.391%+$39 on $10k

Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.187%, 7d avg +0.041%

Together, before fees+0.513%+$51 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 0.228% cheaper against KuCoin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.391%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AZTECUSDTM	0.01601	0.0100	pay 0.0050% / 4h	1h 05m	$302K	$294K	20x
Short	BingX AZTEC-USDT	0.01598	0.0036	get 0.0018% / 4h	1h 05m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.187%Rate

Funding earned: −$13.44
Price spread: −0.187% → +0.041%: −$22.82
Slippage, 4 orders: −$853.68
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$911.95
Costs to cover: 8.757%
Break-even: never at this rate

Slippage from KuCoin: live order book, 16 min ago; BingX: live order book, 6 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 KuCoin live order book, 16 min ago	6.22 bp	499.2 bp −$499	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	6.24 bp	29.2 bp −$29	93.9 bp −$939	668.0 bp −$66.8K	1063.3 bp −$531.7K

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	0.01598	−0.187%	—	$1.6M	—
BloFin AZTEC-USDT	+0.0094%	4h	0.01603	+0.125%	$95K	$32K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01599	−0.112%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01599	−0.106%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01598	−0.212%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01599	−0.125%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01597	−0.250%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01597	−0.250%	$292K	$426K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01598	−0.187%	$228K	$115K	20x	as long as short
KuCoin AZTECUSDTMlong	+0.0100%	4h	0.01601	long leg	$302K	$294K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AZTECUSDT	+0.0100%	4h	0.01599	−0.125%	$343K	$276K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01597	−0.269%	$64K	$85K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01599	−0.151%	$56K	$453K	5x	as long as short
OKX AZTEC-USDT-SWAP	+0.0169%	4h	0.01600	−0.062%	$347K	$862K	20x	as long as short