Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.010%
Price spread now: Kalshi against GRVT+0.045%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 7 days+0.095%+$10 · spread now +0.045%, 7d avg +0.035%
Together, before fees−0.057%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEC_USDT_Perp1,472.80.0100pay 0.0100% / 8h48m 20s$3.0M$466K10x
ShortKalshi KXZECPERP1,473.40get 0.0000% / 8h4h 48m$902K$5.6M2.2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against GRVT. 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

Funding earned
−$21
Price spread: +0.045% → +0.035%
$1.03
Slippage, 4 orders
−$20.54
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$59.51
Costs to cover
0.395%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; Kalshi: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago1.90 bp6.4 bp −$68.4 bp −$8417.5 bp −$1,75032776.2 bp −$16.39M
Sell Kalshi live order book, 5 min ago8.34 bp13.3 bp −$1317.3 bp −$173doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,473.7+0.061%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0278%1h1,471.3−0.100%$399K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.4+0.043%$17.9M$44.5M25xas long as short
ApeX Omni ZECUSDT−0.0190%1h1,472.5−0.022%$432K$830K50xas long as short
BloFin ZEC-USDT−0.0105%8h1,473.3+0.035%$29.5M$75.6M75xas long as short
Bybit ZECUSDT−0.0091%8h1,470.6−0.149%$273.3M$657.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.5+0.047%$6K$2K10xas long as short
Variational Omni ZEC−0.0040%8h1,471.8−0.066%$46.8M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,473.1+0.021%$415K$104K5xas long as short
Kalshi KXZECPERPshort0.0000%8h1,473.4+0.045%$902K$5.6M2.2x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.2−0.105%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,471.9−0.056%$614K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.8−0.068%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,471.2−0.107%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.1+0.020%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,471−0.119%$180.5M$1.34B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,471.3−0.103%$8K$8K5xas long as short
Gate ZEC_USDT+0.0044%8h1,471.3−0.100%$50.6M$184.3M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0011%1h1,471.6−0.077%$366K100xas long as short
Lighter ZEC+0.0096%1h1,473.6+0.057%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1−0.112%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.2−0.104%$11K$829K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.3−0.097%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.2−0.042%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.7−0.005%$764.3M$473.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.1−0.113%$15.5M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,472.5−0.016%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.3−0.098%$681.6M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.8+0.004%$716K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472−0.052%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.3−0.101%$220.5M$831.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471−0.118%$104.0M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.1−0.112%$162.8M$302.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470−0.186%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.5−0.015%$512K$9.3M20xas long as short
GRVT ZEC_USDT_Perplong+0.0100%8h1,472.8long leg$3.0M$466K10x
StandX ZEC-USD+0.0100%1h1,474.5+0.114%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471−0.121%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.2−0.108%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.8−0.204%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.2+0.028%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.2+0.029%$226K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.4−0.027%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.7+0.060%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.5−0.089%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3−0.100%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.6−0.078%$834K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0422%1h1,474.1+0.087%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476+0.217%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0520%1h1,474+0.080%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0649%1h1,473.2+0.029%$46K$47K10xas long as short