SECZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXSECZ-USDT	15.399	0	0.0000% / 8h	5h 05m	—	$762K	10x	Long SunX≤10% back
SHORT	QFEXSECZ-USD	15.360	0	0.0000% / 1h	5m 01s	$2.2M	$100K	10x	Short QFEX

Price gap−0.253%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.139% under its 7d average: the price leg works against you, −$14 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$00.0000% /8h now · paid 0.000% over the last 11 hours (all we have)

Price−$14spread −0.253% now, avg −0.115% → −0.139% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$14−0.14%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

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 SunXnow

RANGE STATS · 7D

Now−0.253%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SECZ on 7 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$1,000 + $1,000
SunX 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
Watch: Gap narrower than usual−0.253% vs −0.115%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner— vs $2.2M OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legSunX No · QFEX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0001%/8h × 21 periods+$0.22

Price spread−0.253% → −0.115% (7d avg)−$13.87

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee QFEX bp × 2 orders−$10.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 63 min ago; QFEX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX496.85doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTQFEX3.2546.9 bp−$4751.0 bp−$510doesn’t fitdoesn’t fit

Closing costs about the same again.

SECZ news

posts that mention SECZ, from every exchangeSearch all news →

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