ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.58 per $10,000 · paid last 24h −0.020%

Price spread now: Kalshi against OKX−0.022%52s7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.324% of the position

Long on OKX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 7 days+0.105%+$11 · spread now −0.022%, 7d avg +0.037%

Together, before fees+0.232%+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kalshi is 0.059% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZEC-USDT-SWAP	1,459.3	0.0058	pay 0.0058% / 8h	2h 09m	$174.2M	$1.36B	50x
Short	Kalshi KXZECPERP	1,458.9	0	get 0.0000% / 8h	6h 09m	$934K	$5.7M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against OKX. 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 OKXbpFee KalshibpOrdersPrice spread, now −0.022%Rate

Funding earned: −$12.17
Price spread: −0.022% → +0.037%: −$5.88
Slippage, 4 orders: −$12.39
Fee OKX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$50.44
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Kalshi: live order book, 4 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 OKX live order book, 5 min ago	0.03 bp	6.3 bp −$6	10.7 bp −$107	18.1 bp −$1,806	doesn't fit
Sell Kalshi live order book, 4 min ago	5.42 bp	10.4 bp −$10	14.8 bp −$148	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	−0.3476%	1h	1,433.1	−1.789%	$33K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0086%	8h	1,459	−0.017%	$28.9M	$75.4M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,459	−0.021%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,458.8	−0.030%	$17.7M	$44.7M	25x	as long as short
Bybit ZECUSDT	−0.0020%	8h	1,458.2	−0.075%	$269.2M	$677.3M	75x	as long as short
Variational Omni ZEC	−0.0004%	8h	1,455.9	−0.228%	$45.6M	$33.4M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,458.4	−0.057%	$411K	$106K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,458.9	−0.022%	$934K	$5.7M	2.2x
Perpl ZEC	0.0000%	43m	1,458.6	−0.047%	$83K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,459.9	+0.041%	$594K	$1.3M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,459.4	+0.010%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,459	−0.019%	$293K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0016% / S +0.0074%	1h	1,459.4	+0.009%	$558K	—	100x	as long as short
Ondo Perps ZEC-USD.P	+0.0035%	1h	1,455.9	−0.230%	$395K	$514K	5x	as long as short
01 Exchange ZECUSD	+0.0040%	1h	1,459.4	+0.009%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAPlong	+0.0058%	8h	1,459.3	long leg	$174.2M	$1.36B	50x
Gate ZEC_USDT	+0.0062%	8h	1,458.7	−0.037%	$49.3M	$191.1M	75x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,459.1	−0.010%	$15K	$865K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,460.6	+0.091%	$18.9M	$54.7M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,459	−0.017%	$173K	$2.0M	50x	as long as short
Aster ZECUSDT	+0.0098%	8h	1,458.9	−0.022%	$15.4M	$33.9M	75x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,459	−0.017%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,459.6	+0.022%	$2.5M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,459.9	+0.045%	$755.1M	$493.3M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,459.5	+0.019%	$1.6M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,459	−0.017%	$667.3M	$2.53B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,459	−0.017%	$219.1M	$899.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,459.3	0.000%	$103.2M	$57.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,459	−0.018%	$161.5M	$312.2M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,458.1	−0.080%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,459.4	+0.010%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,456.9	−0.160%	$489K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,458	−0.084%	$3.0M	$492K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,457.2	−0.138%	$428K	$815K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,459.6	+0.023%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,459	−0.017%	$344K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,458.9	−0.024%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,457.8	−0.098%	$445K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,461.1	+0.130%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,459	−0.017%	$221K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,459	−0.017%	$2.4M	$24.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,459	−0.017%	$3.8M	$5.4M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,456.7	−0.175%	$897K	$26K	10x	as long as short
Phoenix ZEC	+0.0103%	1h	1,458.5	−0.049%	$4.6M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,459.4	+0.013%	$3.3M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,459.1	−0.011%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,459.7	+0.030%	$847K	$1.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,461	+0.121%	$3.7M	$11.6M	50x	as long as short
Aftermath Perps ZECUSD	+0.0480%	1h	1,458.6	−0.042%	$40K	$34K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,460.1	+0.059%	$746K	$8.0M	10x	as long as short
Lighter RH ZEC	+0.0592%	1h	1,461	+0.120%	$2.0M	$8.5M	10x	as long as short