ZEC

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 +0.014%

Price spread now: OKX against Kalshi+0.110%52s7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

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

costs, in and out, $10k−$320.317% of the position

Long on Kalshi Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 7 days−0.129%−$13 · spread now +0.110%, 7d avg −0.037%

Together, before fees−0.248%−$25 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 OKX is 0.147% dearer against Kalshi than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.119%, so the current rate has only just turned in your favour. The two prices were read 52 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	1,456.8	0	get 0.0000% / 8h	1h 11m	$1.5M	$4.5M	2.2x
Short	OKX ZEC-USDT-SWAP	1,458.4	0.0100	get 0.0100% / 8h	5h 11m	$178.3M	$1.23B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.110%Rate

Funding earned: $21
Price spread: +0.110% → −0.037%: $14.66
Slippage, 4 orders: −$11.69
Fee Kalshi: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $3.97
Costs to cover: 0.317%
Break-even: 5.7 days

Slippage from Kalshi: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	5.25 bp	10.3 bp −$10	17.5 bp −$175	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.03 bp	6.2 bp −$6	9.8 bp −$98	19.0 bp −$1,900	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	−0.3244%	1h	1,456.6	−0.016%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0084%	8h	1,455.7	−0.078%	$29.4M	$70.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,457.5	+0.046%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,456.9	+0.010%	$410K	$42K	5x	as long as short
Kalshi KXZECPERPlong	0.0000%	8h	1,456.8	long leg	$1.5M	$4.5M	2.2x
Perpl ZEC	0.0000%	43m	1,456.8	−0.001%	$83K	$241K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.9	+0.073%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0052%	8h	1,458.4	+0.107%	$292K	$966K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0061% / S −0.0011%	1h	1,457.5	+0.050%	$409K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,458.4	+0.110%	$4.6M	$1.4M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,457.3	+0.032%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,457	+0.017%	$13K	$867K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,457.3	+0.037%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,457.5	+0.049%	$2.6M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,458.3	+0.104%	$757.8M	$434.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,457.4	+0.043%	$14.5M	$28.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,457.5	+0.051%	$1.7M	$2.5M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,457.8	+0.071%	$668.4M	$2.22B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,457.7	+0.062%	$264.6M	$605.0M	75x	as long as short
OKX ZEC-USDT-SWAPshort	+0.0100%	8h	1,458.4	+0.110%	$178.3M	$1.23B	50x
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,455.3	−0.102%	$396K	$437K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.5	+0.045%	$883K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,457.7	+0.061%	$50.2M	$175.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,457.5	+0.046%	$213.7M	$780.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,457.7	+0.062%	$102.2M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,457.5	+0.051%	$162.0M	$273.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,457.4	+0.039%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,462.2	+0.373%	$47.8M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,456.7	−0.007%	$567K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.6	−0.013%	$3.0M	$432K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,456.2	−0.042%	$410K	$911K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,456.6	−0.015%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,457	+0.014%	$369K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,457.8	+0.070%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,456.3	−0.031%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,460.2	+0.236%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,457.1	+0.018%	$233K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,455	−0.123%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,457.3	+0.034%	$3.8M	$5.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0101%	1h	1,458.2	+0.098%	$2.4M	$3.8M	15x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,456.9	+0.008%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,456.9	+0.006%	$47K	$153K	20x	as long as short
01 Exchange ZECUSD	+0.0144%	1h	1,457.6	+0.054%	$8K	$7K	5x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,457	+0.017%	$18.0M	$44.6M	25x	as long as short
Lighter ZEC	+0.0248%	1h	1,458.9	+0.144%	$19.1M	$46.7M	20x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,458.6	+0.122%	$714K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0368%	1h	1,459.1	+0.159%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,457.8	+0.068%	$834K	$1.0M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0414%	1h	1,458.1	+0.093%	$613K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,457.5	+0.051%	$3.7M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0690%	1h	1,458.7	+0.130%	$45K	$49K	10x	as long as short