Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.080%

Price spread now: KuCoin against OKX+0.126%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$947as in the Funding arb table

Net, price: spread back to 7d avg − costs−$891as in the Price arb table

costs, in and out, $10k−$9129.117% of the position

Long on OKX Short on KuCoin

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)−0.170%−$17 · spread now +0.126%, 7d avg −0.076%

Together, before fees−0.527%−$53 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.202% dearer against OKX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AZTEC-USDT-SWAP	0.01584	0.0100	pay 0.0050% / 4h	2h 01m	$325K	$908K	20x
Short	KuCoin AZTECUSDTM	0.01586	0.0100	get 0.0050% / 4h	2h 01m	$282K	$316K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.126%Rate

Funding earned: $0
Price spread: +0.126% → −0.076%: $20.2
Slippage, 4 orders: −$889.66
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$891.47
Costs to cover: 9.117%
Break-even: never at this rate

Slippage from OKX: live order book, 45 min ago; KuCoin: live order book, 56 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, 45 min ago	6.33 bp	27.7 bp −$28	778.4 bp −$7,784	doesn't fit	doesn't fit
Sell KuCoin live order book, 56 min ago	9.45 bp	342.4 bp −$342	doesn't fit	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	0.01585	+0.063%	—	$1.6M	—	as long as short
BloFin AZTEC-USDT	+0.0070%	4h	0.01588	+0.253%	$91K	$36K	25x	as long as short
Lighter AZTEC	+0.0096%	1h	0.01585	+0.088%	$56K	$100K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01586	+0.145%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01584	−0.003%	$9K	$24K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01585	+0.078%	$1.9M	$4.4M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01583	−0.063%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAPlong	+0.0100%	4h	0.01584	long leg	$325K	$908K	20x
Gate AZTEC_USDT	+0.0100%	8h	0.01583	−0.063%	$294K	$422K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01583	−0.063%	$223K	$123K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AZTECUSDTMshort	+0.0100%	4h	0.01586	+0.126%	$282K	$316K	20x
Bitget AZTECUSDT	+0.0100%	4h	0.01587	+0.189%	$375K	$328K	20x	as long as short
Variational Omni AZTEC	+0.0100%	4h	0.01590	+0.393%	$63K	$65K	—	as long as short
Extended AZTEC-USD	+0.0104%	1h	0.01585	+0.033%	$57K	$447K	5x	as long as short