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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: dYdX against Kalshi−0.177%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$970.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 4 days (all we have)−0.274%−$27 · spread now −0.177%, 7d avg −0.023%
Together, before fees−0.126%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.155% cheaper against Kalshi than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,462.70get 0.0000% / 8h24m 04s$1.5M$4.5M2.2x
ShortdYdX ZEC-USD1,460.10get 0.0000% / 1h24m 04s$411K$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$0
Price spread: −0.177% → −0.023%
−$15.45
Slippage, 4 orders
−$76.82
Fee Kalshi: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$112.28
Costs to cover
0.968%
Break-even
never at this rate
Slippage from Kalshi: live order book, 4 min ago; dYdX: live order book, 35 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, 4 min ago7.58 bp12.6 bp −$1317.1 bp −$171doesn't fitdoesn't fit
Sell dYdX live order book, 35 min ago29.20 bp37.5 bp −$3790.2 bp −$902233.0 bp −$23.3K1396.0 bp −$698.0K

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−0.3166%1h1,460.6−0.140%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.9−0.120%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,460.7−0.137%$29.3M$71.1M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,460.1−0.177%$411K$38K5x
Kalshi KXZECPERPlong0.0000%8h1,462.7long leg$1.5M$4.5M2.2x
Perpl ZEC0.0000%43m1,460.8−0.130%$84K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.8−0.127%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,460.9−0.124%$292K$956K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0068% / S −0.0019%1h1,460.7−0.133%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,460.9−0.124%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,460.6−0.145%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.6−0.144%$11K$856K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.5−0.152%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.6−0.142%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.6−0.005%$760.2M$431.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.5−0.082%$14.5M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,460.8−0.130%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.5−0.081%$671.6M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,460.8−0.132%$263.6M$600.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,461.1−0.111%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.477%$396K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.2−0.373%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,461.4−0.088%$50.7M$174.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.4−0.088%$217.2M$772.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.4−0.088%$102.7M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.6−0.075%$166.5M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,461.2−0.101%$103.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,461.9−0.053%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,457.9−0.328%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8−0.472%$567K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,457.4−0.364%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457−0.390%$406K$927K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.7−0.135%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.6−0.142%$367K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.7−0.132%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460−0.182%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.9+0.012%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.3−0.096%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.8−0.200%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.8−0.127%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.9−0.122%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.1−0.110%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,458.1−0.312%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0191%1h1,461.8−0.058%$611K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,461.2−0.100%$18.1M$45.0M25xas long as short
Lighter ZEC+0.0288%1h1,462.3−0.024%$19.3M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,460.7−0.137%$924K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,463+0.019%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0456%1h1,462.7+0.004%$2.1M$7.0M10xas long as short
Arcus ZEC-USD+0.0626%1h1,461.7−0.067%$688K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,458.1−0.316%$45K$49K10xas long as short