AZTEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.119%

Price spread now: OKX against KuCoin0.000%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$839as in the Funding arb table

Net, price: spread back to 7d avg − costs−$882as in the Price arb table

costs, in and out, $10k−$8748.744% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.358%+$36 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now 0.000%, 7d avg +0.077%

Together, before fees+0.325%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.077% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.077%). If the spread goes back, that is −$8 on $10k: about 6.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.358% in total) that is about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AZTECUSDTM	0.01598	0.0100	pay 0.0050% / 4h	38m 42s	$302K	$300K	20x
Short	OKX AZTEC-USDT-SWAP	0.01598	0.0142	get 0.0071% / 4h	38m 42s	$349K	$862K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $8.76
Price spread: 0.000% → +0.077%: −$7.75
Slippage, 4 orders: −$852.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$873.41
Costs to cover: 8.744%
Break-even: 705.0 days

Slippage from KuCoin: live order book, 43 min ago; OKX: live order book, 18 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, 43 min ago	6.22 bp	499.2 bp −$499	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 18 min ago	6.25 bp	31.0 bp −$31	165.1 bp −$1,651	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-USDT	+0.0036%	4h	0.01597	−0.063%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01597	−0.063%	$56K	$107K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01597	−0.050%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01597	−0.035%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01596	−0.125%	$1.9M	$4.2M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01595	−0.188%	$1.5M	$1.3M	25x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01596	−0.125%	$293K	$424K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01595	−0.188%	$253K	$116K	20x	as long as short
KuCoin AZTECUSDTMlong	+0.0100%	4h	0.01598	long leg	$302K	$300K	20x
Bitget AZTECUSDT	+0.0100%	4h	0.01597	−0.063%	$342K	$276K	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	0.01594	−0.237%	$64K	$79K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01596	−0.103%	$56K	$449K	5x	as long as short
BloFin AZTEC-USDT	+0.0125%	4h	0.01596	−0.125%	$95K	$32K	25x	as long as short
OKX AZTEC-USDT-SWAPshort	+0.0142%	4h	0.01598	0.000%	$349K	$862K	20x