Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.735 | +0.0496 | pay 0.0496% / 8h | 4h 10m | $275K | $1.2M | — | Long BingX | |
| SHORT | 15.720 | −0.0001 | 0.0000% / 1h | 10m 21s | $2.3M | $40K | 10x | Short QFEX |
Price gap−0.095%
Funding gap−0.0497% /8h
The gap pays +$118 on $10k if it goes back to its 7d average, but funding costs $15 a day and eats that in about 7.9 days. At the last 7 days' pace that is about 16 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$51−0.0497% /8h now · paid −0.512% over the last 7D
Price+$118spread −0.095% now, avg −1.280% → +1.184% if it goes back
Costs−$7377.367% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.095%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSECZ on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size46.9 / 318.3 bpAt $10k entering QFEX costs 318.3 bp, fee and slippage, 6.8× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, 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: −$14.91Long BingX: 3 payments, −$14.88; short QFEX: 24 payments, −$0.03.
- OK: Entry gap works for you−0.095% vs −1.280%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$275K vs $2.3M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · QFEX NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0244%/8h × 21 periods−$51.16
Price spread−0.095% → −1.280% (7d avg)+$118.44
Slippage, 4 orderslive order books−$706.66
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$669.38
Costs to cover7.367%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; QFEX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.7846.9 bp−$47166.9 bp−$1,669doesn’t fitdoesn’t fit
SELL · SHORTQFEX232.26318.3 bp−$318323.5 bp−$3,235doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:43 | SunX | Listing | new market SECZ-USDT ($SECZ) seen by our collector |
| 09-29 10:10 | HTX | Listing | new market SECZ-USDT ($SECZ) seen by our collector |
| 09-29 10:05 | Binance | Listing | new market SECZUSDT ($SECZ) seen by our collector |
| 09-24 03:00 | Gate | Listing | new market SECZ_USDT ($SECZ) seen by our collector |
| 09-21 16:00 | QFEX | Other | $SECZ - Securitize Corp. is now trading 24/7 on QFEX @QFEX on X ↗ |
| 09-21 13:32 | Bitget | Listing | new market SECZUSDT ($SECZ) seen by our collector |

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