ZEC

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 +0.012%

Price spread now: Aster against Kalshi+0.039%51s7-day average −0.054% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.376% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.065%−$6 on $10k

Price spread, last 7 days−0.171%−$17 · spread now +0.039%, 7d avg −0.054%

Together, before fees−0.236%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.092% dearer against Kalshi than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 5 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXZECPERP	1,475.1	0	get 0.0000% / 8h	4h 54m	$901K	$5.6M	2.2x
Short	Aster ZECUSDT	1,475.6	0.0100	get 0.0100% / 8h	54m 29s	$15.7M	$32.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now +0.039%Rate

Funding earned: $21
Price spread: +0.039% → −0.054%: $9.22
Slippage, 4 orders: −$19.59
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.37
Costs to cover: 0.376%
Break-even: 9.5 days

Slippage from Kalshi: live order book, 4 min ago; Aster: live order book, 5 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 Kalshi live order book, 4 min ago	4.14 bp	9.1 bp −$9	14.0 bp −$140	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	1.09 bp	5.2 bp −$5	8.8 bp −$88	21.0 bp −$2,098	180.0 bp −$90.0K

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	−0.3089%	1h	1,475.9	+0.055%	$34K	$275K	12x	as long as short
ApeX Omni ZECUSDT	−0.0365%	1h	1,474	−0.069%	$432K	$827K	50x	as long as short
Ondo Perps ZEC-USD.P	−0.0312%	1h	1,473.5	−0.105%	$400K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0224%	1h	1,475.3	+0.018%	$18.0M	$45.0M	25x	as long as short
BloFin ZEC-USDT	−0.0111%	8h	1,475	−0.004%	$29.4M	$75.9M	75x	as long as short
Bybit ZECUSDT	−0.0083%	8h	1,474.8	−0.019%	$273.7M	$665.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,475.8	+0.054%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0037%	8h	1,473.4	−0.111%	$47.0M	$33.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,475	−0.005%	$415K	$104K	5x	as long as short
Kalshi KXZECPERPlong	0.0000%	8h	1,475.1	long leg	$901K	$5.6M	2.2x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,475.5	+0.032%	$84K	$404K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,476	+0.065%	$616K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,475.8	+0.051%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0010%	8h	1,475.3	+0.020%	$295K	$1.4M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0038% / S +0.0009%	1h	1,475.7	+0.046%	$367K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0040%	8h	1,475.3	+0.019%	$180.4M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0046%	8h	1,475.5	+0.031%	$50.5M	$183.8M	75x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,476	+0.065%	$8K	$8K	5x	as long as short
SoDEX ZEC-USD	+0.0068%	1h	1,475.1	+0.004%	$227K	$4.5M	10x	as long as short
Phoenix ZEC	+0.0075%	1h	1,475.4	+0.024%	$4.7M	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0093%	1h	1,475.3	+0.014%	$128K	$159K	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,475.4	+0.022%	$177K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,475.9	+0.056%	$12K	$828K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,475.5	+0.031%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,476	+0.065%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,476.7	+0.112%	$766.4M	$473.4M	10x	as long as short
Aster ZECUSDTshort	+0.0100%	8h	1,475.6	+0.039%	$15.7M	$32.8M	75x
Pacifica ZEC	+0.0100%	1h	1,476	+0.062%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,475.4	+0.024%	$682.6M	$2.47B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,476	+0.065%	$713K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471.1	−0.266%	$908K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,475.4	+0.023%	$223.5M	$829.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,475.6	+0.035%	$104.3M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,475.5	+0.031%	$163.0M	$303.6M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,475.4	+0.026%	—	$102.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,473.3	−0.117%	$515K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,474.7	−0.023%	$3.0M	$482K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,475.4	+0.021%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,475.4	+0.024%	$348K	$1.9M	10x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.6	−0.099%	$449K	$503K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.5	+0.163%	$3K	$1.2M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,474.4	−0.042%	$2.5M	$23.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,475.3	+0.020%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,476	+0.066%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,475	0.000%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,476.2	+0.075%	$837K	$1.2M	10x	as long as short
Lighter ZEC	+0.0136%	1h	1,477.1	+0.137%	$19.1M	$52.1M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,477.6	+0.176%	$3.8M	$11.4M	50x	as long as short
Lighter RH ZEC	+0.0528%	1h	1,477.6	+0.176%	$2.0M	$8.2M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0608%	1h	1,476.2	+0.079%	$2.4M	$3.7M	15x	as long as short
Aftermath Perps ZECUSD	+0.0626%	1h	1,474.3	−0.053%	$46K	$47K	10x	as long as short