ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.012%

Price spread now: Kalshi against Aster−0.121%7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on Aster Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.055%+$5 on $10k

Price spread, last 7 days+0.162%+$16 · spread now −0.121%, 7d avg +0.051%

Together, before fees+0.216%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.172% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.051%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.055%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZECUSDT	1,448.2	0.0100	pay 0.0100% / 8h	4h 50m	$14.4M	$27.7M	75x
Short	Kalshi KXZECPERP	1,446.4	0	get 0.0000% / 8h	50m 03s	$1.5M	$4.5M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee KalshibpOrdersPrice spread, now −0.121%Rate

Funding earned: −$21
Price spread: −0.121% → +0.051%: −$17.22
Slippage, 4 orders: −$20.62
Fee Aster: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$76.83
Costs to cover: 0.386%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Kalshi: live order book, 3 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 Aster live order book, 4 min ago	0.03 bp	7.6 bp −$8	9.9 bp −$99	23.1 bp −$2,311	doesn't fit
Sell Kalshi live order book, 3 min ago	6.07 bp	11.1 bp −$11	17.3 bp −$173	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	−0.3166%	1h	1,449.6	+0.097%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,448.7	+0.034%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0078%	8h	1,447.1	−0.077%	$29.2M	$70.3M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,448.2	−0.002%	$408K	$40K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,446.4	−0.121%	$1.5M	$4.5M	2.2x
Perpl ZEC	0.0000%	43m	1,448.6	+0.030%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,448.9	+0.049%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0058%	8h	1,448.3	+0.010%	$290K	$958K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0064% / S −0.0014%	1h	1,448.8	+0.045%	$407K	—	100x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,448.1	−0.007%	$8K	$7K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,448.3	+0.005%	$172K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,447.8	−0.028%	$10K	$874K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,449.2	+0.073%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,447.7	−0.033%	$2.5M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,448.9	+0.050%	$753.7M	$434.3M	10x	as long as short
Aster ZECUSDTlong	+0.0100%	8h	1,448.2	long leg	$14.4M	$27.7M	75x
Pacifica ZEC	+0.0100%	1h	1,448.7	+0.035%	$1.6M	$2.5M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,447.5	−0.049%	$663.9M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,446.9	−0.091%	$261.2M	$602.6M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,447.4	−0.053%	$176.9M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,448.7	+0.036%	$394K	$443K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,449.4	+0.087%	$876K	$23K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,448.2	+0.001%	$49.9M	$172.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,448	−0.010%	$214.6M	$767.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,448.2	+0.001%	$101.9M	$54.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,448	−0.015%	$163.1M	$273.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,446.8	−0.096%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,448.8	+0.043%	$2.5M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,447.2	−0.071%	$47.4M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,449.2	+0.073%	$564K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,448.8	+0.041%	$3.0M	$424K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,448.4	+0.016%	$407K	$913K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,447.9	−0.021%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,448	−0.012%	$365K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,448.5	+0.023%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,447.4	−0.055%	$442K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,451.3	+0.217%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,448.1	−0.008%	$232K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,447.5	−0.048%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,448.3	+0.008%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,448.2	+0.003%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,448	−0.016%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,450.6	+0.168%	$4.6M	$1.3M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0279%	1h	1,447.9	−0.022%	$17.9M	$44.8M	25x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0324%	1h	1,449.2	+0.069%	$608K	$1.3M	25x	as long as short
Lighter ZEC	+0.0368%	1h	1,449.6	+0.098%	$19.0M	$45.8M	20x	as long as short
Lighter RH ZEC	+0.0384%	1h	1,449.8	+0.110%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,448.5	+0.022%	$829K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,450.3	+0.144%	$3.7M	$8.9M	50x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,450	+0.127%	$730K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0680%	1h	1,449.7	+0.105%	$44K	$49K	10x	as long as short