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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against edgeX+0.112%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.208%−$21 on $10k
Price spread, last 7 days+0.045%+$4 · spread now +0.112%, 7d avg +0.091%
Together, before fees−0.163%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.021% dearer against edgeX than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of +0.091%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,471.40.0100pay 0.0050% / 4h14m 31s$512K$9.2M20x
ShortKalshi KXZECPERP1,473.10get 0.0000% / 8h4h 14m$960K$5.6M2.2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against edgeX. 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: +0.112% → +0.091%
$2.1
Slippage, 4 orders
−$13.45
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$51.35
Costs to cover
0.324%
Break-even
never at this rate
Slippage from edgeX: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 5 min ago0.37 bp5.1 bp −$510.2 bp −$102doesn't fitdoesn't fit
Sell Kalshi live order book, 4 min ago6.25 bp11.2 bp −$1117.1 bp −$171doesn'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−0.3089%1h1,472.9+0.103%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0253%1h1,470.7−0.049%$399K$520K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.1+0.044%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0113%8h1,471.4+0.001%$274.5M$651.7M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,472+0.036%$29.6M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.9+0.097%$6K$2K10xas long as short
Variational Omni ZEC−0.0059%8h1,471.5+0.002%$47.5M$34.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.3+0.127%$415K$104K5xas long as short
Kalshi KXZECPERPshort0.0000%8h1,473.1+0.112%$960K$5.6M2.2x
Perpl ZEC0.0000%43m1,471.5+0.007%$84K$407K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.1+0.042%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,472.1+0.042%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,471.7+0.018%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.6+0.144%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0030%1h1,471.5+0.002%$431K$843K50xas long as short
OKX ZEC-USDT-SWAP+0.0042%8h1,471.7+0.019%$181.3M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,473+0.104%$51.1M$187.5M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.9+0.034%$372K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0067%1h1,472.6+0.081%$614K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,474.1+0.179%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.9+0.031%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,472.3+0.057%$21K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.2+0.117%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.7+0.156%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.2+0.188%$763.6M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.6+0.079%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,473.4+0.135%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472+0.036%$683.4M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.6+0.147%$697K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.5+0.141%$896K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.6+0.077%$221.3M$843.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.2+0.120%$104.7M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472+0.039%$163.4M$301.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.9+0.100%$101.9Mas long as short
edgeX ZECUSDClong+0.0100%4h1,471.4long leg$512K$9.2M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,472.3+0.057%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,472.4+0.063%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.7+0.019%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.5+0.005%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.1−0.090%$458K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.9+0.165%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.9+0.031%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.7+0.019%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.2+0.122%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.5+0.076%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.8+0.027%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472.9+0.101%$826K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0407%1h1,473.9+0.168%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.9+0.165%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0464%1h1,474.8+0.229%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0758%1h1,473.2+0.119%$46K$47K10xas long as short