Place all the ingredients into a small bowl.
2 cups mayonnaise, 1/2 cup freshly squeezed lime juice, 4 teaspoons chili powder, 2 teaspoon garlic powder, 2 teaspoon onion powder, 2 teaspoon ground cumin, 1 teaspoon smoked paprika, 1/2 teaspoon kosher salt, 1/4 teaspoon cayenne pepper