Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Kalshi−0.211%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)+0.769%+$77 · spread now −0.211%, 7d avg −0.049%
=Funding pays, the price is against you. HTX is 0.162% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of −0.049%). If the spread goes back, that is −$16 on $10k: about 5.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,461 | 0 | get 0.0000% / 8h | 17m 30s | $1.5M | $4.5M | 2.2x |
| Short | HTX ZEC-USDT | 1,457.9 | 0.0100 | get 0.0100% / 8h | 4h 17m | $2.7M | $18.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kalshi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.211% → −0.049%
- −$16.19
- Slippage, 4 orders
- −$25.67
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$42.85
- Costs to cover
- 0.477%
- Break-even
- 21.3 days
Slippage from Kalshi: live order book, 1 min ago; HTX: live order book, 2 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, 1 min ago | 7.81 bp | 12.8 bp −$13 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 1.78 bp | 12.7 bp −$13 | 15.9 bp −$159 | 35.3 bp −$3,534 | 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 | −0.3166% | 1h | 1,462.9 | +0.130% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,459.6 | −0.091% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,461.4 | +0.034% | $29.4M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.7 | −0.083% | $411K | $38K | 5x | as long as short |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,461 | long leg | $1.5M | $4.5M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,458.7 | −0.157% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,459.4 | −0.107% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,459.4 | −0.107% | $292K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0069% / S −0.0020% | 1h | 1,459.3 | −0.113% | $410K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,460.2 | −0.052% | $8K | $7K | 5x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | +0.0088% | 1h | 1,460 | −0.064% | $616K | $1.3M | 25x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.8 | −0.077% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,460.2 | −0.053% | $11K | $857K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460 | −0.063% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,460.4 | −0.039% | $2.8M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,461.1 | +0.010% | $759.6M | $431.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,459.8 | −0.082% | $14.5M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.3 | −0.046% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,459.9 | −0.074% | $671.0M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.3 | −0.112% | $262.1M | $602.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,459.7 | −0.084% | $178.2M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458.4 | −0.175% | $397K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.2 | −0.255% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,459.6 | −0.094% | $50.6M | $174.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,459.9 | −0.073% | $214.9M | $773.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460 | −0.068% | $103.0M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.1 | −0.060% | $166.1M | $271.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459.8 | −0.077% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,460.3 | −0.045% | $47.9M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.7 | +0.053% | $569K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,460.6 | −0.027% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.9 | +0.068% | $405K | $939K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459 | −0.136% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459.8 | −0.079% | $365K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,459.2 | −0.118% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.5 | −0.168% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,461.7 | +0.049% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.4 | −0.110% | $234K | $3.4M | 10x | as long as short |
| HTX ZEC-USDTshort | +0.0100% | 8h | 1,457.9 | −0.211% | $2.7M | $18.4M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,459.5 | −0.100% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460 | −0.068% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,459.4 | −0.110% | $47K | $151K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0113% | 1h | 1,460.1 | −0.057% | $2.4M | $3.8M | 15x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,460.1 | −0.059% | $4.6M | $1.3M | 10x | as long as short |
| Lighter ZEC | +0.0264% | 1h | 1,461.2 | +0.017% | $19.2M | $46.0M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0276% | 1h | 1,459.3 | −0.111% | $18.1M | $45.0M | 25x | as long as short |
| Lighter RH ZEC | +0.0384% | 1h | 1,461.1 | +0.012% | $2.1M | $7.0M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,460 | −0.064% | $924K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,461.5 | +0.036% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,460.9 | −0.001% | $683K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,460.3 | −0.045% | $45K | $49K | 10x | as long as short |
Kalshi KXZECPERP
HTX ZEC-USDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
Phemex ZECUSDT
Extended ZEC-USD
Backpack ZEC_USDC_PERP
Phoenix ZEC
Lighter ZEC
Kraken Futures PF_ZECUSD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD