Settings8H · net · $10k
Funding arb · Price arb /

SECZ

RWAall SECZ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: QFEX against Bybit+0.686%53s7-day average −0.336% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,31113.114% of the position
What this pair did over the last
the charts below follow
Funding, last 18 hours (all we have)+0.001%$0 on $10k
Price spread, last 18 hours (all we have)−0.965%−$96 · spread now +0.686%, 7d avg −0.336%
Together, before fees−0.964%−$96 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: QFEX is 1.022% dearer against Bybit than usual: you sell high and buy low, +$102 on $10k if it goes back to its 7-day average of −0.336%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SECZUSDT13.6960get 0.0000% / 8h6h 55m$36K$543K25x
ShortQFEX SECZ-USD13.7900get 0.0000% / 1h55m 44s$169K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bybit. 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

Funding earned
$0
Price spread: +0.686% → −0.336%
$102.24
Slippage, 4 orders
−$1,290.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$1,209.14
Costs to cover
13.114%
Break-even
never at this rate
Slippage from Bybit: live order book, 20 min ago; QFEX: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 20 min ago6.22 bp206.0 bp −$206doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 14 min ago7.47 bp369.5 bp −$370384.8 bp −$3,848doesn't fitdoesn't fit

SECZ on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SECZUSDTlong0.0000%8h13.696long leg$36K$543K25x
QFEX SECZ-USDshort0.0000%1h13.790+0.686%$169K$72K10x
Bitget SECZUSDT0.0000%8h13.681−0.110%$31K$342K20xas long as short