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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against Kalshi−0.061%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 7 days+0.005%$0 · spread now −0.061%, 7d avg −0.046%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,4660get 0.0000% / 8h2h 40m$971K$5.1M2.2x
ShortKuCoin ZECUSDTM1,465.10.0100get 0.0100% / 8h6h 40m$103.1M$56.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.061% → −0.046%
−$1.49
Slippage, 4 orders
−$28.91
Fee Kalshi: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$31.4
Costs to cover
0.509%
Break-even
17.5 days
Slippage from Kalshi: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago9.77 bp14.8 bp −$1519.2 bp −$192doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago0.68 bp11.6 bp −$1218.0 bp −$180doesn'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−0.3678%1h1,467.9+0.134%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.8+0.122%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0054%1h1,467.1+0.077%$398K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,466.3+0.024%$18.0M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,467.2+0.086%$413K$57K5xas long as short
Kalshi KXZECPERPlong0.0000%8h1,466long leg$971K$5.1M2.2x
Perpl ZEC0.0000%43m1,466.5+0.039%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466.4+0.029%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.630%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0023%8h1,466.1+0.009%$47.8M$33.3Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,466.3+0.023%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,466.8+0.055%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,466.3+0.023%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,466.9+0.061%$4.6M$1.5M10xas long as short
Gate ZEC_USDT+0.0080%8h1,464.8−0.079%$49.7M$174.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0082%8h1,465.1−0.060%$180.7M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.3+0.020%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466−0.001%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.6+0.046%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.1+0.074%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,465.8−0.012%$762.8M$450.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.8−0.082%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,466.7+0.047%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.1−0.059%$679.4M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,464.9−0.073%$270.1M$628.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.1−0.058%$214.3M$795.0M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,465.1−0.061%$103.1M$56.1M75x
Bitget ZECUSDT+0.0100%8h1,465.2−0.053%$162.5M$286.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,465.3−0.048%$100.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5+0.240%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.456%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.125%$427K$906K50xas long as short
StandX ZEC-USD+0.0100%1h1,470+0.276%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466+0.002%$338K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.3+0.020%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.7−0.083%$456K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.5+0.174%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.3+0.020%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465−0.066%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,466+0.001%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.592%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,465−0.064%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.7−0.018%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0138%1h1,466.7+0.050%$603K$1.3M25xas long as short
Lighter RH ZEC+0.0216%1h1,466.9+0.061%$2.0M$7.1M10xas long as short
Lighter ZEC+0.0240%1h1,466.8+0.057%$19.1M$48.0M20xas long as short
Arcus ZEC-USD+0.0254%1h1,468+0.139%$695K$8.7M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,466.9+0.063%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,467.7+0.116%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0515%1h1,466+0.002%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0737%1h1,471.3+0.366%$44K$46K10xas long as short