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+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Kalshi−0.041%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.041%, 7d avg −0.041%
Together, before fees−0.244%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, 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 −0.244%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,515.60get 0.0000% / 8h3h 59m$1.6M$5.0M2.2x
ShortPacifica ZEC1,5150.0100get 0.0013% / 1h59m 45s$1.7M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.041% → −0.041%
$0
Slippage, 4 orders
−$17.51
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$14.52
Costs to cover
0.355%
Break-even
11.8 days
Slippage from Kalshi: live order book, 4 min ago; Pacifica: live order book, 4 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 ago6.39 bp11.4 bp −$1118.2 bp −$182doesn't fitdoesn't fit
Sell Pacifica live order book, 4 min ago1.12 bp5.8 bp −$6doesn't fitdoesn'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−0.3442%1h1,496.3−1.278%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,513.9−0.115%$62K$306K10xas long as short
Bulk ZEC-USD−0.0412%1h1,508.1−0.497%$776K$147K10xas long as short
BloFin ZEC-USDT−0.0163%8h1,515.2−0.031%$31.4M$77.0M75xas long as short
Aftermath Perps ZECUSD−0.0103%1h1,511.8−0.252%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,515.1−0.038%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,513.8−0.119%$421K$34K5xas long as short
Kalshi KXZECPERPlong0.0000%8h1,515.6long leg$1.6M$5.0M2.2x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,515.2−0.027%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0011%1h1,515.8+0.012%$18.3M$47.8M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0033%1h1,516.1+0.033%$692K$1.4M25xas long as short
Ondo Perps ZEC-USD.P+0.0070%1h1,510−0.372%$413K$552K5xas long as short
01 Exchange ZECUSD+0.0072%1h1,515.2−0.026%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,515.2−0.031%$305K$863K20xas long as short
Phoenix ZEC+0.0096%1h1,514.3−0.090%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,517+0.086%$2.1M$7.7M10xas long as short
Popdex ZECUSDT+0.0096%1h1,515.2−0.031%$177K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,515−0.044%$16K$897K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,515.1−0.037%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,515.3−0.021%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,515.8+0.011%$793.0M$447.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,514.7−0.063%$14.2M$31.1M75xas long as short
Pacifica ZECshort+0.0100%1h1,515−0.041%$1.7M$2.4M10x
Binance ZECUSDT+0.0100%8h1,515.4−0.015%$716.1M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,514.6−0.069%$273.2M$628.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,515.1−0.034%$183.4M$1.38B50xas long as short
Gate ZEC_USDT+0.0100%8h1,515−0.043%$59.9M$191.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,515.6−0.005%$271.3M$833.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,514.9−0.048%$103.6M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,515−0.042%$163.6M$294.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,515−0.044%$119.8Mas long as short
Variational Omni ZEC+0.0100%8h1,513.8−0.123%$50.0M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,510.8−0.317%$578K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,510.9−0.316%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,509.9−0.377%$416K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,514.1−0.103%$54K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,515.4−0.016%$376K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,515.4−0.017%$169K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,513.2−0.163%$462K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,517.7+0.133%$4K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515.5−0.010%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,515−0.046%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,516.4+0.051%$4.1M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,515.1−0.036%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,515.4−0.014%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,515.4−0.016%$962K$1.1M10xas long as short
Lighter ZEC+0.0128%1h1,516.8+0.078%$19.7M$47.1M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0151% / S −0.0151%1h1,515.2−0.029%$336K100xas long as short
Arcus ZEC-USD+0.0403%1h1,515.6−0.002%$596K$8.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,516.3+0.040%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0494%1h1,516.7+0.071%$2.4M$3.8M15xas long as short