Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.973 | 0 | 0.0000% / 8h | 1h 02m | $81K | $702K | 20x | Long Binance | |
| SHORT | 15.990 | 0 | 0.0000% / 1h | 2m 54s | $2.3M | $34K | 10x | Short QFEX |
Price gap+0.106%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$30 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10.0000% /8h now · paid −0.007% over the last 15 hours (all we have)
Price+$30spread +0.106% now, avg −0.194% → +0.299% if it goes back
Costs−$6886.880% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against Binancenow
RANGE STATS · 7D
Now+0.106%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSECZ on 7 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size71.3 / 261.3 bpAt $10k entering QFEX costs 261.3 bp, fee and slippage, 3.7× Binance’s.
- Note: Margin at max leverage$500 + $1,000Binance 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you+0.106% vs −0.194%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$81K vs $2.3M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · QFEX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0039%/8h × 21 periods−$8.13
Price spread+0.106% → −0.194% (7d avg)+$29.94
Slippage, 4 orderslive order books−$667.97
Fee Binance bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$666.16
Costs to cover6.880%Break-evennever at this rate
Slippage: Binance: live order book, 19 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance9.4071.3 bp−$71doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX231.40261.3 bp−$261264.7 bp−$2,647doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:43 | SunX | Listing | new market SECZ-USDT ($SECZ) seen by our collector |
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| 09-21 16:00 | QFEX | Other | $SECZ - Securitize Corp. is now trading 24/7 on QFEX @QFEX on X ↗ |
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