Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.900 | 0 | 0.0000% / 1h | 46m 40s | $2.3M | $33K | 10x | Long QFEX | |
| SHORT | 15.936 | 0 | 0.0000% / 8h | 1h 46m | $85K | $693K | 20x | Short Binance |
Price gap+0.224%53s
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
The two prices were read 53 s apart: part of this gap may be the market moving.
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 14 hours (all we have)
Price—spread +0.224%53s now · prices read too far apart to compare
Costs−$5345.343% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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
Binance price against QFEXnow
RANGE STATS · 7D
Now+0.224%
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
0 ok · 5 to watch- Watch: Thin at this size212.7 / 81.7 bpAt $10k entering QFEX costs 212.7 bp, fee and slippage, 2.6× Binance’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short Binance: 3 payments, $0.00.
- Watch: Prices read 53 s apart+0.224% vs +0.194%Part of this gap may be the market moving.
- Watch: Short leg is thinner$85K vs $2.3M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Binance YesVerified 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+0.0041%/8h × 21 periods+$8.54
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$514.28
Fee QFEX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$525.74
price spread not counted: prices read too far apartCosts to cover5.343%Break-even437.8 days
Slippage: QFEX: live order book, 11 min ago; Binance: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX157.53212.7 bp−$213216.0 bp−$2,160doesn’t fitdoesn’t fit
SELL · SHORTBinance18.8281.7 bp−$82doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:43 | SunX | Listing | new market SECZ-USDT ($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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