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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.028%
Price spread now: Polymarket Perps against Kalshi−0.057%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 7 days−0.038%−$4 · spread now −0.057%, 7d avg −0.051%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,466.60.0101pay 0.0101% / 8h6h 54m$1.5M$4.4M2.2x
ShortPolymarket Perps ZEC-USD1,465.80.0100get 0.0013% / 1h54m 55s$358K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$0.23
Price spread: −0.057% → −0.051%
−$0.51
Slippage, 4 orders
−$22.31
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$41.05
Costs to cover
0.403%
Break-even
never at this rate
Slippage from Kalshi: live order book, 4 min ago; Polymarket Perps: 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 ago6.75 bp14.9 bp −$1519.5 bp −$195doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 4 min ago2.05 bp7.3 bp −$710.0 bp −$100doesn'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−0.3243%1h1,467.4+0.054%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.1+0.031%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0072%8h1,465.8−0.055%$29.8M$70.7M75xas long as short
Ondo Perps ZEC-USD.P−0.0033%1h1,466.6−0.002%$398K$435K5xas long as short
dYdX ZEC-USD0.0000%1h1,466.8+0.013%$408K$37K5xas long as short
01 Exchange ZECUSD0.0000%1h1,466.1−0.038%$8K$7K5xas long as short
Perpl ZEC0.0000%43m1,466.1−0.037%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,466.3−0.021%$617K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466−0.043%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,465.6−0.070%$293K$900K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0092% / S −0.0044%1h1,465.8−0.055%$437K100xas long as short
Lighter RH ZEC+0.0096%1h1,467.5+0.058%$2.1M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,466−0.044%$173K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.9+0.020%$12K$799K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.4−0.013%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467+0.026%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,466.9+0.018%$764.1M$420.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.3−0.090%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,466.8+0.012%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,465−0.109%$675.7M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,464.4−0.152%$261.6M$586.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,464.9−0.121%$178.9M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,462.8−0.261%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,465.4−0.085%$52.6M$169.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.2−0.095%$218.7M$756.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.8−0.055%$103.2M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.6−0.070%$166.5M$267.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,465.1−0.102%$107.5Mas long as short
Variational Omni ZEC+0.0100%8h1,466.7+0.003%$48.1M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.6−0.003%$572K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.3+0.048%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.3+0.048%$405K$922K50xas long as short
StandX ZEC-USD+0.0100%1h1,467+0.027%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,465.8−0.057%$358K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,465.6−0.069%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465−0.113%$447K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.6+0.134%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,465.8−0.057%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.4−0.019%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,466.3−0.021%$3.9M$4.8M50xas long as short
Kalshi KXZECPERPlong+0.0101%8h1,466.6long leg$1.5M$4.4M2.2x
Lighter ZEC+0.0104%1h1,467.2+0.041%$19.4M$43.8M20xas long as short
Extended ZEC-USD+0.0104%1h1,465.3−0.092%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.6−0.072%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,467.5+0.056%$4.7M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0145%1h1,466.1−0.040%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,465.8−0.055%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,466.6−0.002%$927K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,467.8+0.079%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0508%1h1,468+0.091%$670K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0683%1h1,466.3−0.020%$45K$49K10xas long as short