Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.029%
Price spread now: Kalshi against Aevo+0.082%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−1.411%−$141 · spread now +0.082%, 7d avg +0.019%
=The price spread pays, funding is against you. Kalshi is 0.063% dearer against Aevo than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.019%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.078% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZEC-PERP | 1,517.2 | 0.0104 | pay 0.0013% / 1h | 49m 39s | $43K | $150K | 20x |
| Short | Kalshi KXZECPERP | 1,518.5 | 0 | get 0.0000% / 8h | 3h 49m | $1.6M | $5.0M | 2.2x |
Aevo ZEC-PERP
Kalshi KXZECPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.84
- Price spread: +0.082% → +0.019%
- $6.3
- Slippage, 4 orders
- −$42.44
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$83.98
- Costs to cover
- 0.684%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 49 min ago; Kalshi: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo live order book, 49 min ago | 6.99 bp | 16.7 bp −$17 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 6.70 bp | 11.7 bp −$12 | 18.0 bp −$180 | doesn't fit | doesn't fit |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3702% | 1h | 1,494.3 | −1.509% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0463% | 1h | 1,515.3 | −0.128% | $779K | $147K | 10x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,518.3 | +0.069% | $62K | $305K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.0275% | 1h | 1,515.6 | −0.109% | $416K | $951K | 50x | as long as short |
| BloFin ZEC-USDT | −0.0148% | 8h | 1,518.3 | +0.071% | $31.8M | $77.2M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0128% | 1h | 1,515.6 | −0.104% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,519.7 | +0.163% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,517.8 | +0.037% | $422K | $34K | 5x | as long as short |
| Kalshi KXZECPERPshort | 0.0000% | 8h | 1,518.5 | +0.082% | $1.6M | $5.0M | 2.2x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,518.3 | +0.072% | $5.4M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
Perpl ZEC
ApeX Omni ZECUSDT
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,517.8 | +0.039% | $18.4M | $47.8M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,519.5 | +0.153% | $8K | $6K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0065% | 1h | 1,518.1 | +0.057% | $693K | $1.4M | 25x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,514.7 | −0.169% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,517.1 | −0.008% | $306K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,520.4 | +0.212% | $19.7M | $44.4M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,520.7 | +0.229% | $2.1M | $7.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,518.5 | +0.085% | $173K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,519.5 | +0.149% | $63K | $19K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,519 | +0.117% | $16K | $900K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,518.7 | +0.101% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,519.5 | +0.151% | $795.8M | $448.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,518.9 | +0.109% | $14.3M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,519.8 | +0.167% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,519.7 | +0.164% | $718.3M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,519.1 | +0.123% | $273.5M | $629.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,519.1 | +0.127% | $184.2M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,516.8 | −0.027% | $413K | $548K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,519.4 | +0.146% | $596K | $9.0M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,519.1 | +0.123% | $60.4M | $183.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,517.9 | +0.045% | $414.1M | $827.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,519.3 | +0.138% | $103.8M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,519.4 | +0.144% | $164.1M | $294.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,518.8 | +0.103% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,517.7 | +0.033% | $50.1M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,514 | −0.211% | $565K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,516.8 | −0.025% | $3.1M | $519K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,518.4 | +0.075% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,519 | +0.118% | $377K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,517.9 | +0.045% | $170K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,512.3 | −0.323% | $452K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,520.9 | +0.243% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,517.4 | +0.011% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,517.5 | +0.020% | $2.7M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,517.7 | +0.035% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,519.2 | +0.133% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERPlong | +0.0104% | 1h | 1,517.2 | long leg | $43K | $150K | 20x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0154% / S −0.0156% | 1h | 1,517.8 | +0.038% | $337K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,519.4 | +0.143% | $969K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,518.7 | +0.099% | $3.7M | $9.9M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0545% | 1h | 1,518.6 | +0.090% | $2.4M | $3.8M | 15x | as long as short |
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP