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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,518.7 | 0 | get 0.0000% / 8h | 6h 15m | $1.7M | $4.6M | 2.2x |
| Short | Perpl ZEC | 1,519.2 | 0 | get 0.0000% / 43m | 38m 57s | $87K | $239K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kalshi live order book, 3 min ago | 8.09 bp | 13.1 bp −$13 | 19.3 bp −$193 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3243% | 1h | 1,488.7 | −1.976% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0149% | 8h | 1,515.1 | −0.235% | $30.5M | $74.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,516.2 | −0.162% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,516.2 | −0.165% | $421K | $36K | 5x | as long as short |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,518.7 | long leg | $1.7M | $4.6M | 2.2x | |
| Perpl ZECshort | 0.0000% | 43m | 1,519.2 | +0.036% | $87K | $239K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,519.4 | +0.045% | $5.4M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0066% | 8h | 1,516.5 | −0.140% | $303K | $923K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,519.8 | +0.076% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,507.5 | −0.738% | $4.8M | $1.3M | 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 | 1,519.6 | +0.059% | $145K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,519.5 | +0.058% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,518.5 | −0.011% | $794.1M | $434.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,515.1 | −0.234% | $14.7M | $29.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,517.5 | −0.074% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,514.9 | −0.247% | $702.8M | $2.24B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,514.4 | −0.283% | $277.4M | $615.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,515.1 | −0.233% | $182.3M | $1.30B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,502.6 | −1.058% | $411K | $488K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −2.594% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,517.1 | −0.104% | $54.7M | $178.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,515 | −0.240% | $230.5M | $776.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,515 | −0.242% | $104.4M | $54.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,515.3 | −0.221% | $167.0M | $278.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,514.2 | −0.294% | — | $114.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,494.7 | −1.580% | $48.9M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,492.9 | −1.694% | $562K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.9 | −0.839% | $3.1M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,502.9 | −1.042% | $416K | $928K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,512.2 | −0.424% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,519.7 | +0.068% | $373K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,518.6 | −0.005% | $167K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,516.6 | −0.134% | $463K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,519.3 | +0.042% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,517.6 | −0.072% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,516.6 | −0.138% | $2.6M | $19.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,516 | −0.175% | $4.0M | $4.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,516.8 | −0.121% | $63K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,520 | +0.084% | $14K | $847K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0104% / S −0.0076% | 1h | 1,519.1 | +0.027% | $406K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,514.8 | −0.254% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,517.8 | −0.058% | $46K | $153K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0142% | 1h | 1,517.7 | −0.061% | $18.5M | $46.0M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,519.2 | +0.037% | $950K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0176% | 1h | 1,517.9 | −0.053% | $2.1M | $7.3M | 10x | as long as short |
| Lighter ZEC | +0.0224% | 1h | 1,517.2 | −0.099% | $19.8M | $45.2M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0339% | 1h | 1,518.5 | −0.011% | $721K | $1.4M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0464% | 1h | 1,518.7 | +0.001% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,519.8 | +0.077% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,518.7 | 0.000% | $610K | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0589% | 1h | 1,498.5 | −1.330% | $51K | $60K | 10x | as long as short |
Kalshi KXZECPERP
Injective ZEC/USDC PERP
BloFin ZEC-USDT
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
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-USDT
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
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter RH ZEC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD