Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: Kalshi against Polymarket Perps−0.070%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days+0.165%+$16 · spread now −0.070%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.120% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, 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 | Polymarket Perps ZEC-USD | 1,456.4 | 0.0100 | pay 0.0013% / 1h | 53m 25s | $354K | $1.8M | 10x |
| Short | Kalshi KXZECPERP | 1,455.4 | 0 | get 0.0000% / 8h | 7h 53m | $1.5M | $4.5M | 2.2x |
Polymarket Perps ZEC-USD
Kalshi KXZECPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Polymarket Perps. 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: −0.070% → +0.050%
- −$12
- Slippage, 4 orders
- −$17.94
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$68.94
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Kalshi: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 1.38 bp | 7.4 bp −$7 | 10.5 bp −$105 | 29.2 bp −$2,917 | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 6.59 bp | 11.6 bp −$12 | 17.4 bp −$174 | 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 | −0.3042% | 1h | 1,456 | −0.027% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455.8 | −0.043% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,456.4 | −0.002% | $29.6M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,455.7 | −0.049% | $410K | $37K | 5x | as long as short |
| Kalshi KXZECPERPshort | 0.0000% | 8h | 1,455.4 | −0.070% | $1.5M | $4.5M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,455.8 | −0.043% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.1 | +0.048% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0064% | 8h | 1,457 | +0.041% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0072% / S −0.0024% | 1h | 1,456.9 | +0.033% | $409K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,455.9 | −0.033% | $174K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,456 | −0.026% | $10K | $858K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.1 | −0.023% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.1 | −0.020% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456 | −0.025% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,456.1 | −0.022% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.1 | +0.049% | $669.2M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.5 | +0.003% | $261.4M | $600.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,457 | +0.041% | $178.2M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,454.1 | −0.158% | $395K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.164% | $878K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.9 | +0.034% | $50.5M | $170.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457 | +0.044% | $213.4M | $764.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.2 | −0.014% | $102.7M | $53.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.2 | +0.052% | $165.7M | $270.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456.9 | +0.034% | — | $105.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454 | −0.163% | $47.7M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,454.5 | −0.133% | $566K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,455.1 | −0.088% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,455.5 | −0.062% | $404K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.8 | −0.109% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USDlong | +0.0100% | 1h | 1,456.4 | long leg | $354K | $1.8M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.9 | +0.037% | $161K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,453.1 | −0.224% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.8 | +0.024% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.5 | −0.132% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.8 | −0.181% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,455.1 | −0.089% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.1 | +0.047% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.2 | +0.054% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,456 | −0.029% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,457.7 | +0.087% | $4.6M | $1.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0158% | 1h | 1,457.8 | +0.096% | $758.3M | $428.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0160% | 1h | 1,457.1 | +0.049% | $2.1M | $7.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0172% | 1h | 1,454.9 | −0.104% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0176% | 1h | 1,457.1 | +0.049% | $19.2M | $44.7M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,456 | −0.024% | $922K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0218% | 1h | 1,455.1 | −0.091% | $614K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,454.4 | −0.139% | $18.0M | $45.1M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,457.5 | +0.079% | $686K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,456.8 | +0.028% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0678% | 1h | 1,457.2 | +0.052% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Phoenix ZEC
Hyperliquid ZEC
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Lighter ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD