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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.038%
Price spread now: Kalshi against Extended+0.073%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 7 days−0.018%−$2 · spread now +0.073%, 7d avg +0.066%
Together, before fees−0.125%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,456.50.0104pay 0.0013% / 1h27m 58s$2.8M$7.7M10x
ShortKalshi KXZECPERP1,457.60get 0.0000% / 8h1h 27m$1.5M$5.1M2.2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Extended. 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
−$21.84
Price spread: +0.073% → +0.066%
$0.64
Slippage, 4 orders
−$19.5
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$55.7
Costs to cover
0.345%
Break-even
never at this rate
Slippage from Extended: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago0.90 bp3.6 bp −$47.6 bp −$7652.2 bp −$5,217doesn't fit
Sell Kalshi live order book, 1 min ago7.72 bp12.7 bp −$1317.8 bp −$178doesn'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−0.3244%1h1,455.5−0.069%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0082%8h1,456.6+0.009%$29.1M$71.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.7+0.012%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,455.8−0.049%$410K$44K5xas long as short
Kalshi KXZECPERPshort0.0000%8h1,457.6+0.073%$1.5M$5.1M2.2x
Perpl ZEC0.0000%43m1,456.1−0.026%$83K$243K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.6+0.009%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0044%8h1,456−0.039%$291K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,456.6+0.008%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,459.6+0.209%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT+0.0094%1h1,456.7+0.012%$410K$911K50xas long as short
Popdex ZECUSDT+0.0096%1h1,456.5+0.001%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.5+0.066%$23K$869K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.6+0.005%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6+0.004%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458+0.102%$763.0M$438.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.4−0.007%$14.5M$28.3M75xas long as short
Pacifica ZEC+0.0100%1h1,456.6+0.003%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.9+0.024%$667.3M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.5−0.004%$266.1M$611.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.7+0.016%$178.7M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.5+0.068%$396K$436K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.363%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.6+0.005%$49.6M$173.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.8+0.018%$214.1M$776.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.1+0.038%$102.0M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.9+0.023%$161.9M$278.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.8+0.017%$97.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.2+0.044%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.2−0.157%$47.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.2−0.230%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.3+0.120%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,457.2+0.047%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.6+0.006%$331K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.1+0.039%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.9−0.109%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459+0.170%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.4−0.006%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456−0.037%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.9+0.025%$3.8M$5.1M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,456.5long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,456.2−0.024%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0128%1h1,457.7+0.082%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,456.3−0.017%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0216%1h1,457.9+0.093%$19.0M$46.5M20xas long as short
Arcus ZEC-USD+0.0277%1h1,458.2+0.116%$709K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0303%1h1,456.9+0.024%$613K$1.3M25xas long as short
Lighter RH ZEC+0.0344%1h1,458.5+0.134%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,456.8+0.021%$831K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,458+0.100%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0698%1h1,455.8−0.051%$45K$49K10xas long as short