Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Kalshi+0.108%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 3 days (all we have)−0.162%−$16 · spread now +0.108%, 7d avg +0.080%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.027% dearer against Kalshi than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,468.4 | 0 | get 0.0000% / 8h | 2h 01m | $972K | $4.7M | 2.2x |
| Short | SunX ZEC-USDT | 1,470 | 0.0100 | get 0.0100% / 8h | 6h 01m | $3K | $1.2M | 20x |
Kalshi KXZECPERP
SunX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.108% → +0.080%
- $2.73
- Slippage, 4 orders
- −$123.6
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$117.86
- Costs to cover
- 1.416%
- Break-even
- 46.3 days
Slippage from Kalshi: live order book, 2 min ago; SunX: live order book, 2 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 | 7.04 bp | 12.0 bp −$12 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 29.04 bp | 67.7 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
ZEC on 50 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 | −0.3678% | 1h | 1,452 | −1.115% | $33K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.6 | +0.146% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0039% | 1h | 1,464.8 | −0.245% | $398K | $501K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,467.8 | −0.038% | $18.1M | $43.5M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.4 | −0.001% | $413K | $49K | 5x | as long as short |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,468.4 | long leg | $972K | $4.7M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,467 | −0.095% | $84K | $249K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.6 | −0.053% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0031% | 8h | 1,467.6 | −0.052% | $293K | $984K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,467.5 | −0.059% | $383K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,467.3 | −0.075% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,466.6 | −0.122% | $4.6M | $1.5M | 10x | as long as short |
| Variational Omni ZEC | +0.0072% | 8h | 1,466.6 | −0.121% | $47.9M | $32.6M | — | as long as short |
| OKX ZEC-USDT-SWAP | +0.0093% | 8h | 1,467.5 | −0.063% | $180.9M | $1.24B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.1 | −0.089% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,466.8 | −0.112% | $17K | $844K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467.4 | −0.071% | $60K | $41K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.5 | −0.060% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.6 | +0.014% | $764.9M | $434.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.063% | $14.8M | $29.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468 | −0.030% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.4 | −0.065% | $678.1M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.3 | −0.076% | $271.2M | $607.0M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.124% | $890K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,467.6 | −0.054% | $50.2M | $177.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.6 | −0.054% | $216.0M | $803.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.3 | −0.076% | $103.1M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.8 | −0.042% | $163.0M | $276.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467 | −0.093% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,466 | −0.163% | $570K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.2 | −0.014% | $3.0M | $430K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.3 | −0.144% | $426K | $884K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.1 | +0.113% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467 | −0.095% | $343K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.5 | −0.062% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.3 | −0.143% | $448K | $512K | 6.7x | as long as short |
| SunX ZEC-USDTshort | +0.0100% | 8h | 1,470 | +0.108% | $3K | $1.2M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.049% | $242K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467 | −0.095% | $2.5M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.2 | −0.014% | $3.9M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.8 | −0.044% | $2.8M | $7.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.3 | −0.075% | $48K | $155K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0160% | 1h | 1,468.4 | 0.000% | $611K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0224% | 1h | 1,469.2 | +0.058% | $19.2M | $48.3M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,469.3 | +0.064% | $692K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0296% | 1h | 1,469.6 | +0.083% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,468 | −0.030% | $851K | $1.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0415% | 1h | 1,467.9 | −0.036% | $2.4M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,469.3 | +0.063% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0733% | 1h | 1,468.8 | +0.030% | $43K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Variational Omni ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD