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 SunX−0.174%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.174%, 7d avg −0.081%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.093% cheaper against SunX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,473.8 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $3K | $1.2M | 20x |
| Short | Kalshi KXZECPERP | 1,471.2 | 0 | get 0.0000% / 8h | 3h 57m | $957K | $5.6M | 2.2x |
SunX ZEC-USDT
Kalshi KXZECPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against SunX. 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: −0.174% → −0.081%
- −$9.32
- Slippage, 4 orders
- −$124.81
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$173.13
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 6 min ago | 29.03 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 7.27 bp | 12.3 bp −$12 | 16.7 bp −$167 | 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 | −0.3321% | 1h | 1,473.2 | −0.037% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,471.3 | −0.166% | $17.9M | $43.8M | 25x | as long as short |
| Phemex ZECUSDT | −0.0301% | 8h | 1,471.4 | −0.157% | $3.8M | $5.4M | 50x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,469.8 | −0.271% | $29.6M | $74.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.4 | −0.089% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0063% | 8h | 1,469.3 | −0.303% | $47.6M | $34.4M | — | as long as short |
| Ondo Perps ZEC-USD.P | −0.0025% | 1h | 1,468.7 | −0.343% | $399K | $515K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471.6 | −0.144% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERPshort | 0.0000% | 8h | 1,471.2 | −0.174% | $957K | $5.6M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,472.5 | −0.087% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Phemex ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
Ondo Perps ZEC-USD.P
dYdX ZEC-USD
Perpl ZECShow 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 | 1,472.9 | −0.061% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,472.2 | −0.104% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | −0.203% | $4.7M | $1.6M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,473.3 | −0.034% | $8K | $8K | 5x | as long as short |
| ApeX Omni ZECUSDT | +0.0028% | 1h | 1,470.5 | −0.222% | $431K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,472.1 | −0.111% | $181.9M | $1.34B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,472.9 | −0.057% | $372K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.5 | −0.083% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,473.1 | −0.045% | $12K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.3 | −0.102% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.2 | −0.037% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.8 | +0.003% | $764.1M | $473.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.3 | −0.101% | $15.0M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.7 | −0.074% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.7 | −0.075% | $684.1M | $2.45B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,472.1 | −0.114% | $274.9M | $648.7M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.6 | −0.014% | $698K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | −0.204% | $895K | $33K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,472.8 | −0.067% | $51.3M | $177.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.6 | −0.080% | $229.0M | $818.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.1 | −0.111% | $104.7M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.6 | −0.078% | $163.9M | $300.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,472.3 | −0.102% | — | $101.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470 | −0.251% | $549K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.6 | −0.212% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.6 | −0.146% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472 | −0.119% | $334K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.6 | −0.081% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.8 | −0.201% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,473.8 | long leg | $3K | $1.2M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.183% | $242K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.7 | −0.204% | $2.5M | $22.5M | 75x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.5 | −0.087% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472 | −0.116% | $28K | $201K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,473.8 | +0.006% | $19.2M | $50.2M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0220% | 1h | 1,472.3 | −0.096% | $614K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,473 | −0.049% | $840K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,473.7 | −0.002% | $3.8M | $10.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0496% | 1h | 1,472.1 | −0.111% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0624% | 1h | 1,474.2 | +0.031% | $2.0M | $7.9M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0780% | 1h | 1,473.1 | −0.044% | $46K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
01 Exchange ZECUSD
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD