ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.018%

Price spread now: Kalshi against Bitget−0.098%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

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

costs, in and out, $10k−$430.425% of the position

Long on Bitget Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.098%, 7d avg +0.033%

Together, before fees+0.195%+$19 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 0.131% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.165%, 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	Bitget ZECUSDT	1,505.6	0.0100	pay 0.0100% / 8h	2h 19m	$169.2M	$273.3M	75x
Short	Kalshi KXZECPERP	1,504.1	0	get 0.0000% / 8h	6h 19m	$1.7M	$4.5M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Bitget. 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 BitgetbpFee KalshibpOrdersPrice spread, now −0.098%Rate

Funding earned: −$21
Price spread: −0.098% → +0.033%: −$13.1
Slippage, 4 orders: −$20.52
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$76.62
Costs to cover: 0.425%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago	0.03 bp	8.2 bp −$8	13.1 bp −$131	doesn't fit	doesn't fit
Sell Kalshi live order book, 4 min ago	8.27 bp	13.3 bp −$13	19.1 bp −$191	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	−0.3243%	1h	1,493	−0.836%	$34K	$273K	12x	as long as short
BloFin ZEC-USDT	−0.0108%	8h	1,493.9	−0.780%	$30.3M	$72.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,506.1	+0.033%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,506.8	+0.080%	$419K	$36K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,504.1	−0.098%	$1.7M	$4.5M	2.2x
Perpl ZEC	0.0000%	43m	1,508.1	+0.165%	$86K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,508.8	+0.210%	$5.4M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0064%	8h	1,507.5	+0.128%	$304K	$897K	20x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,506.3	+0.043%	$8K	$7K	5x	as long as short
Phoenix ZEC	+0.0092%	1h	1,475.1	−2.026%	$4.7M	$1.3M	10x	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	1,506.1	+0.032%	$143K	$1.7M	50x	as long as short
Bybit ZECUSDT	+0.0098%	8h	1,505.5	−0.009%	$273.1M	$608.3M	75x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,507.3	+0.114%	$62K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,508	+0.161%	$2.9M	$6.4M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,509.5	+0.259%	$789.4M	$430.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,507.4	+0.122%	$14.8M	$28.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,507.3	+0.116%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,507.2	+0.105%	$699.6M	$2.21B	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,505.9	+0.022%	$182.0M	$1.27B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,502.6	−0.199%	$403K	$488K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,479.3	−1.748%	$894K	$15K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,505.8	+0.012%	$54.7M	$176.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,506.2	+0.039%	$231.4M	$771.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,508.7	+0.203%	$106.1M	$53.5M	75x	as long as short
Bitget ZECUSDTlong	+0.0100%	8h	1,505.6	long leg	$169.2M	$273.3M	75x
BingX ZEC-USDT	+0.0100%	8h	1,505.3	−0.019%	—	$113.0M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,494.7	−0.726%	$48.9M	$32.5M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,479.1	−1.762%	$558K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,481.5	−1.603%	$3.0M	$462K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,481.5	−1.602%	$410K	$927K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,495.6	−0.664%	$55K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,508	+0.159%	$373K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,509.2	+0.240%	$166K	$183K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,507.5	+0.124%	$460K	$506K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,510	+0.290%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,510.5	+0.322%	$250K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,509.1	+0.231%	$2.6M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,510.5	+0.326%	$4.0M	$4.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,505.8	+0.014%	$13K	$847K	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0101% / S −0.0074%	1h	1,508.5	+0.195%	$399K	—	100x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,505.4	−0.014%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,508.6	+0.201%	$46K	$153K	20x	as long as short
Lighter RH ZEC	+0.0120%	1h	1,508.1	+0.163%	$2.2M	$7.2M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0142%	1h	1,510.5	+0.326%	$18.4M	$45.9M	25x	as long as short
RISEx ZEC/USDC	+0.0154%	1h	1,505.4	−0.014%	$947K	$1.1M	10x	as long as short
Lighter ZEC	+0.0200%	1h	1,508.5	+0.190%	$19.8M	$44.6M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0443%	1h	1,512.2	+0.436%	$2.4M	$3.7M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0496%	1h	1,512.9	+0.485%	$3.7M	$9.7M	50x	as long as short
Arcus ZEC-USD	+0.0508%	1h	1,505.6	+0.002%	$622K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0746%	1h	1,483.4	−1.477%	$49K	$58K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0896%	1h	1,510.3	+0.314%	$645K	$1.3M	25x	as long as short