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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment $0.66 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against Kalshi+0.098%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$380.376% of the position
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−0.088%−$9 · spread now +0.098%, 7d avg −0.034%
Together, before fees−0.253%−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.132% dearer against Kalshi than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of −0.034%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,463.70.0166pay 0.0166% / 8h7h 08m$1.5M$4.4M2.2x
ShortBitget ZECUSDT1,465.10.0100get 0.0100% / 8h3h 08m$166.4M$267.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$13.85
Price spread: +0.098% → −0.034%
$13.21
Slippage, 4 orders
−$15.64
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$38.27
Costs to cover
0.376%
Break-even
never at this rate
Slippage from Kalshi: live order book, just now; Bitget: live order book, 1 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 Kalshi live order book, just now6.04 bp11.0 bp −$1117.8 bp −$178doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago0.03 bp7.4 bp −$711.7 bp −$117doesn'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−0.3042%1h1,464.1+0.023%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.9+0.010%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,462.6−0.079%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,463.5−0.012%$407K$37K5xas long as short
Perpl ZEC0.0000%43m1,464+0.017%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.5+0.057%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,464.3+0.043%$293K$900K20xas long as short
Ondo Perps ZEC-USD.P+0.0070%1h1,462.1−0.110%$397K$436K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0089% / S −0.0040%1h1,464.6+0.060%$437K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0094%1h1,465+0.086%$617K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,464.6+0.059%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,465+0.088%$14K$801K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464+0.023%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.9+0.081%$2.9M$6.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.5+0.051%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,464.1+0.029%$1.7M$2.3M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.7+0.068%$674.1M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,464+0.020%$262.3M$586.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,464.6+0.057%$179.4M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.212%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,464.6+0.061%$52.2M$173.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.6+0.061%$219.1M$775.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.6+0.062%$103.2M$53.0M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,465.1+0.098%$166.4M$267.5M75x
BingX ZEC-USDC+0.0100%8h1,464+0.022%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4+0.048%$48.0M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.5−0.148%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.037%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.4−0.159%$404K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,464+0.020%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.7+0.068%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,464.6+0.059%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.4−0.021%$447K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,466.9+0.220%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.4+0.049%$234K$3.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.7−0.003%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.2+0.036%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,464.4+0.046%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,464.3+0.038%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,464.7+0.070%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,464.9+0.083%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,466+0.156%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0148%1h1,466.3+0.177%$764.1M$419.4M10xas long as short
Kalshi KXZECPERPlong+0.0166%8h1,463.7long leg$1.5M$4.4M2.2x
Lighter ZEC+0.0168%1h1,465.9+0.153%$19.3M$45.6M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,464.2+0.036%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0303%1h1,465.3+0.108%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,464.3+0.043%$18.0M$45.4M25xas long as short
Arcus ZEC-USD+0.0344%1h1,465.3+0.105%$677K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,465.9+0.152%$3.8M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0683%1h1,463.4−0.018%$45K$49K10xas long as short