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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:14 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Perpl against Kalshi+0.036%7-day average −0.066% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.241%+$24 · spread now +0.036%, 7d avg −0.066%
Together, before fees+0.232%+ Points / potential airdropPerpl: Active · farm board+$23 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: Perpl is 0.102% dearer against Kalshi than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,518.70get 0.0000% / 8h6h 15m$1.7M$4.6M2.2x
ShortPerpl ZEC1,519.20get 0.0000% / 43m38m 57s$87K$239K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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: +0.036% → −0.066%
$10.15
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$13.65
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: Kalshi: live order book, 3 min ago; Perpl: no order-book sample. Net counts fees only.

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 ago8.09 bp13.1 bp −$1319.3 bp −$193doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3243%1h1,488.7−1.976%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0149%8h1,515.1−0.235%$30.5M$74.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,516.2−0.162%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,516.2−0.165%$421K$36K5xas long as short
Kalshi KXZECPERPlong0.0000%8h1,518.7long leg$1.7M$4.6M2.2x
Perpl ZECshort0.0000%43m1,519.2+0.036%$87K$239K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,519.4+0.045%$5.4M150xas long as short
Orderly PERP_ZEC_USDC+0.0066%8h1,516.5−0.140%$303K$923K20xas long as short
01 Exchange ZECUSD+0.0072%1h1,519.8+0.076%$8K$7K5xas long as short
Phoenix ZEC+0.0092%1h1,507.5−0.738%$4.8M$1.3M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,519.6+0.059%$145K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,519.5+0.058%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,518.5−0.011%$794.1M$434.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,515.1−0.234%$14.7M$29.1M75xas long as short
Pacifica ZEC+0.0100%1h1,517.5−0.074%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,514.9−0.247%$702.8M$2.24B75xas long as short
Bybit ZECUSDT+0.0100%8h1,514.4−0.283%$277.4M$615.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,515.1−0.233%$182.3M$1.30B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.6−1.058%$411K$488K5xas long as short
Bulk ZEC-USD+0.0100%1h1,479.3−2.594%$894K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,517.1−0.104%$54.7M$178.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,515−0.240%$230.5M$776.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,515−0.242%$104.4M$54.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,515.3−0.221%$167.0M$278.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,514.2−0.294%$114.6Mas long as short
Variational Omni ZEC+0.0100%8h1,494.7−1.580%$48.9M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,492.9−1.694%$562K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.9−0.839%$3.1M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,502.9−1.042%$416K$928K50xas long as short
StandX ZEC-USD+0.0100%1h1,512.2−0.424%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,519.7+0.068%$373K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,518.6−0.005%$167K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,516.6−0.134%$463K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,519.3+0.042%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,517.6−0.072%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,516.6−0.138%$2.6M$19.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,516−0.175%$4.0M$4.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,516.8−0.121%$63K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,520+0.084%$14K$847K10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0104% / S −0.0076%1h1,519.1+0.027%$406K100xas long as short
Extended ZEC-USD+0.0104%1h1,514.8−0.254%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,517.8−0.058%$46K$153K20xas long as short
Kraken Futures PF_ZECUSD+0.0142%1h1,517.7−0.061%$18.5M$46.0M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,519.2+0.037%$950K$1.1M10xas long as short
Lighter RH ZEC+0.0176%1h1,517.9−0.053%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0224%1h1,517.2−0.099%$19.8M$45.2M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0339%1h1,518.5−0.011%$721K$1.4M25xas long as short
Backpack ZEC_USDC_PERP+0.0464%1h1,518.7+0.001%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,519.8+0.077%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,518.70.000%$610K$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0589%1h1,498.5−1.330%$51K$60K10xas long as short