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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
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: Kalshi against KuCoin+0.064%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 7 days+0.081%+$8 · spread now +0.064%, 7d avg +0.046%
Together, before fees+0.165%+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.046%, 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 paid +0.084%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,469.90.0100pay 0.0100% / 8h7h 27m$104.7M$55.6M75x
ShortKalshi KXZECPERP1,470.80get 0.0000% / 8h3h 27m$959K$5.2M2.2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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: +0.064% → +0.046%
$1.82
Slippage, 4 orders
−$23.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$65.11
Costs to cover
0.459%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Kalshi: live order book, 1 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 KuCoin live order book, 2 min ago0.85 bp8.7 bp −$915.8 bp −$158doesn't fitdoesn't fit
Sell Kalshi live order book, 1 min ago7.50 bp12.6 bp −$1316.5 bp −$165doesn'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−0.3321%1h1,471.8+0.131%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,470.3+0.031%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0111%1h1,467.9−0.133%$399K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,469.8−0.002%$29.7M$73.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.053%$6K$2K10xas long as short
Variational Omni ZEC−0.0053%8h1,469−0.055%$47.6M$33.8Mas long as short
Bybit ZECUSDT−0.0007%8h1,469.6−0.018%$273.9M$634.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,470.8+0.064%$414K$103K5xas long as short
Kalshi KXZECPERPshort0.0000%8h1,470.8+0.064%$959K$5.2M2.2x
Perpl ZEC0.0000%43m1,469.6−0.015%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470+0.012%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,469.9+0.001%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.7−0.007%$293K$1.2M20xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,469.6−0.018%$181.9M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,473.1+0.224%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.9+0.005%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,470.2+0.024%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.7−0.009%$20K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471+0.080%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.7+0.061%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.4+0.105%$763.1M$455.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.9+0.006%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,470.8+0.063%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.5−0.022%$684.2M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.5+0.110%$699K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,470+0.007%$51.2M$179.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.2+0.026%$230.8M$826.3M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,469.9long leg$104.7M$55.6M75x
Bitget ZECUSDT+0.0100%8h1,470+0.011%$163.6M$292.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,469.7−0.013%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.8+0.067%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.9+0.073%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1+0.015%$430K$868K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.6+0.185%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470+0.010%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470+0.013%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.1−0.116%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.5+0.177%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.9+0.001%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.1+0.016%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.4+0.034%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7+0.126%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,469.9+0.004%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.9+0.006%$55K$168K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0138%1h1,470.7+0.059%$605K$1.3M25xas long as short
Lighter ZEC+0.0208%1h1,471.7+0.125%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.4+0.035%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.1+0.153%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0539%1h1,471.3+0.098%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0771%1h1,471.3+0.100%$44K$46K10xas long as short
Lighter RH ZEC+0.0792%1h1,471.9+0.139%$2.0M$8.1M10xas long as short