Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.770 | −0.0001 | 0.0000% / 1h | 51m 41s | $2.3M | $41K | 10x | Long QFEX | |
| SHORT | 15.750 | +0.0956 | get 0.0956% / 8h | 4h 51m | $275K | $1.2M | — | Short BingX |
Price gap−0.127%
Funding gap+0.0957% /8h
Funding pays +$29 a day on $10k, but the gap is 1.429% under its 7d average: −$143 if it goes back, about 5.0 days of funding. At the last 7 days' pace that is about 20 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$51+0.0957% /8h now · paid +0.512% over the last 7D
Price−$143spread −0.127% now, avg +1.303% → −1.429% if it goes back
Costs−$3723.724% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.512% in total, about +0.0244%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.127%
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
0 ok · 5 to watch- Watch: Thin at this size142.9 / 45.8 bpAt $10k entering QFEX costs 142.9 bp, fee and slippage, 3.1× BingX’s.
- Note: Margin at max leverage$1,000 + —QFEX 10x, BingX —. 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: +$28.71Long QFEX: 24 payments, +$0.03; short BingX: 3 payments, +$28.68.
- Watch: Gap narrower than usual−0.127% vs +1.303%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short 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: KYCQFEX No · BingX YesAdvanced 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−0.127% → +1.303% (7d avg)−$142.93
Slippage, 4 orderslive order books−$342.44
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$464.22
Costs to cover3.724%Break-even70.5 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX82.43142.9 bp−$143146.0 bp−$1,460doesn’t fitdoesn’t fit
SELL · SHORTBingX10.1745.8 bp−$46188.0 bp−$1,880doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:43 | SunX | Listing | new market SECZ-USDT ($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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