ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%

Price spread now: Binance against Kalshi−0.088%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on Kalshi Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 7 days−0.049%−$5 · spread now −0.088%, 7d avg −0.035%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.052% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.035%). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXZECPERP	1,470.7	0	get 0.0000% / 8h	3h 02m	$959K	$5.2M	2.2x
Short	Binance ZECUSDT	1,469.5	0.0100	get 0.0100% / 8h	7h 02m	$683.0M	$2.35B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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 KalshibpFee BinancebpOrdersPrice spread, now −0.088%Rate

Funding earned: $21
Price spread: −0.088% → −0.035%: −$5.23
Slippage, 4 orders: −$13.02
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$17.24
Costs to cover: 0.330%
Break-even: 12.7 days

Slippage from Kalshi: live order book, 1 min ago; Binance: live order book, 11 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 Kalshi live order book, 1 min ago	6.46 bp	11.5 bp −$11	15.8 bp −$158	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.03 bp	5.1 bp −$5	5.5 bp −$55	15.8 bp −$1,584	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	1,471.6	+0.061%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,470	−0.053%	$17.9M	$43.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0127%	1h	1,469.7	−0.071%	$400K	$516K	5x	as long as short
BloFin ZEC-USDT	−0.0115%	8h	1,469.5	−0.084%	$29.6M	$72.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.3	−0.032%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0015%	8h	1,469.6	−0.077%	$47.7M	$33.3M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.9	+0.010%	$414K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,470.7	−0.003%	$8K	$9K	5x	as long as short
Kalshi KXZECPERPlong	0.0000%	8h	1,470.7	long leg	$959K	$5.2M	2.2x
Perpl ZEC	0.0000%	43m	1,469.4	−0.092%	$84K	$405K	10x	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	1,470.1	−0.045%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0022%	8h	1,470.2	−0.035%	$294K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470.5	−0.016%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,469.9	−0.057%	$378K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0067%	8h	1,469.2	−0.106%	$181.1M	$1.29B	50x	as long as short
Gate ZEC_USDT	+0.0093%	8h	1,469.8	−0.067%	$50.4M	$182.3M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,469.5	−0.085%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,469.7	−0.070%	$12K	$843K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.3	−0.032%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,470.2	−0.034%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,469.9	−0.057%	$765.4M	$451.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,469.7	−0.073%	$14.9M	$31.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.6	−0.010%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDTshort	+0.0100%	8h	1,469.5	−0.088%	$683.0M	$2.35B	75x
Bybit ZECUSDT	+0.0100%	8h	1,469.3	−0.096%	$272.6M	$627.6M	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,471.8	+0.074%	$691K	$8.6M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,467.8	−0.199%	$893K	$21K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,469.9	−0.059%	$218.4M	$832.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470.2	−0.040%	$104.1M	$55.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,469.1	−0.110%	$163.5M	$289.2M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,469.7	−0.073%	—	$100.1M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,471.6	+0.056%	$573K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,471.2	+0.032%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.7	−0.069%	$427K	$882K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.4	−0.025%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,469.5	−0.084%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,469.8	−0.065%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.9	−0.127%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.5	+0.116%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,470.1	−0.043%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,470.3	−0.031%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,470.3	−0.031%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.2	−0.036%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.1	−0.047%	$53K	$162K	20x	as long as short
Lighter ZEC	+0.0216%	1h	1,470.8	+0.007%	$19.2M	$50.6M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0218%	1h	1,471.1	+0.027%	$605K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,470.8	+0.006%	$854K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,472.3	+0.105%	$3.7M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0507%	1h	1,470.3	−0.028%	$2.5M	$3.8M	15x	as long as short
Lighter RH ZEC	+0.0664%	1h	1,471.1	+0.025%	$2.1M	$8.5M	10x	as long as short
Aftermath Perps ZECUSD	+0.0746%	1h	1,470.6	−0.007%	$43K	$46K	10x	as long as short