ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%

Price spread now: Kalshi against MEXC−0.007%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$250.247% of the position

Long on MEXC Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.007%, 7d avg +0.032%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.039% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZEC_USDT	1,495.2	0.0100	pay 0.0100% / 8h	21m 36s	$238.7M	$802.4M	150x
Short	Kalshi KXZECPERP	1,495.1	0	get 0.0000% / 8h	4h 21m	$1.5M	$4.4M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee KalshibpOrdersPrice spread, now −0.007%Rate

Funding earned: −$21
Price spread: −0.007% → +0.032%: −$3.88
Slippage, 4 orders: −$14.71
Fee MEXC: 0 bp × 2 orders: $0
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$49.6
Costs to cover: 0.247%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Kalshi: 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 MEXC live order book, 3 min ago	0.07 bp	0.1 bp $0	0.1 bp −$1	5.0 bp −$503	60.7 bp −$30.3K
Sell Kalshi live order book, 2 min ago	7.29 bp	12.3 bp −$12	17.5 bp −$175	doesn't fit	doesn't fit

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	−0.3442%	1h	1,478.8	−1.093%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,493	−0.147%	$61K	$303K	10x	as long as short
BloFin ZEC-USDT	−0.0144%	8h	1,494.6	−0.036%	$31.1M	$75.5M	75x	as long as short
Aftermath Perps ZECUSD	−0.0105%	1h	1,494.3	−0.055%	$48K	$58K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,494.7	−0.029%	$6K	$1K	10x	as long as short
Bulk ZEC-USD	−0.0053%	1h	1,491.1	−0.269%	$858K	$48K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,495.1	−0.004%	$415K	$34K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,495.1	−0.007%	$1.5M	$4.4M	2.2x
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,494.2	−0.062%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0012%	1h	1,494.9	−0.016%	$17.9M	$47.0M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZEC-USD.P	+0.0043%	1h	1,493.6	−0.104%	$408K	$554K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0084%	8h	1,494.7	−0.034%	$301K	$864K	20x	as long as short
01 Exchange ZECUSD	+0.0088%	1h	1,496.1	+0.064%	$8K	$6K	5x	as long as short
Phoenix ZEC	+0.0096%	1h	1,494.2	−0.064%	$4.8M	$1.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,496	+0.058%	$182K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,495.3	+0.011%	$17K	$881K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,494.9	−0.020%	$62K	$20K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,494	−0.078%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,495.7	+0.036%	$781.4M	$438.9M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,494.3	−0.058%	$14.0M	$30.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,495.4	+0.014%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,494.8	−0.021%	$700.3M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,495	−0.009%	$267.9M	$616.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,495.3	+0.007%	$183.9M	$1.33B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,495.3	+0.011%	$56.6M	$185.2M	75x	as long as short
MEXC ZEC_USDTlong	+0.0100%	8h	1,495.2	long leg	$238.7M	$802.4M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,494.8	−0.021%	$102.7M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,495.4	+0.016%	$161.5M	$288.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,494.6	−0.040%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,492.9	−0.153%	$48.8M	$34.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,492.8	−0.157%	$572K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,492.1	−0.203%	$3.1M	$514K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,491.9	−0.218%	$411K	$945K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,494.4	−0.052%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,493.1	−0.138%	$357K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,494.1	−0.068%	$164K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,493.5	−0.112%	$456K	$469K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,496.3	+0.078%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,494.8	−0.023%	$253K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,493.4	−0.121%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,494.8	−0.024%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,495.6	+0.029%	$2.8M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,494.5	−0.043%	$43K	$151K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0109%	1h	1,495.3	+0.009%	$683K	$1.4M	25x	as long as short
Lighter RH ZEC	+0.0120%	1h	1,496.3	+0.074%	$2.1M	$7.4M	10x	as long as short
RISEx ZEC/USDC	+0.0128%	1h	1,496.2	+0.070%	$942K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0144% / S −0.0141%	1h	1,494.5	−0.046%	$332K	—	100x	as long as short
Lighter ZEC	+0.0208%	1h	1,496.6	+0.096%	$19.8M	$45.6M	20x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,496.6	+0.094%	$618K	$8.7M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,496.6	+0.096%	$3.7M	$9.9M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0538%	1h	1,494.8	−0.027%	$2.3M	$3.8M	15x	as long as short