ZEC

Alert

Funding spread now, next payment 15:00 UTC+0.0208%/8h

paid, last 24h+0.096%paid, last 7 days+0.033%to open and close $10k−$49

Long on Kalshi Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXZECPERP	1,510.3	0	get 0.0000% / 8h	4h 34m	$975K	$6.0M	2.2x
Short	Coinbase International ZEC-PERP-INTX	1,511.6	0.0208	get 0.0026% / 1h	34m 48s	$3.8M	$13.5M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee KalshibpFee Coinbase InternationalbpOrdersRate

Funding earned: $43.68
Slippage, 4 orders: −$29.23
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$5.55
Break-even: 7.9 days

Slippage from Kalshi: live order book, 5 min ago; Coinbase International: live order book, 6 min ago.

Price risk

price view

Price gap now: +0.083%
Avg gap 7d: +0.102%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 5 min ago	7.30 bp	12.3 bp −$12	18.1 bp −$181	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	2.84 bp	14.3 bp −$14	17.9 bp −$179	45.9 bp −$4,587	doesn't fit

ZEC on 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.5000%	1h	$34K	$72K	12x	as long as short
ApeX Omni ZECUSDT	−0.0325%	1h	$1.0M	$344K	50x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
01 Exchange ZECUSD	−0.0048%	1h	$9K	$14K	5x	as long as short
Aster ZECUSDT	−0.0028%	8h	$14.9M	$36.9M	75x	as long as short
Bitget ZECUSDT	−0.0017%	8h	$168.1M	$322.9M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0015%	8h	$272K	$1.7M	20x	as long as short
dYdX ZEC-USD	0.0000%	1h	$425K	$116K	5x	as long as short
Kalshi KXZECPERPlong	0.0000%	8h	$975K	$6.0M	2.2x
Perpl ZEC	0.0000%	43m	$78K	$496K	10x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	$577K	$819K	25x	as long as short
MEXC ZEC_USDT	+0.0003%	8h	$202.7M	$985.6M	150x	as long as short
OKX ZEC-USDT-SWAP	+0.0003%	8h	$188.8M	$1.65B	50x	as long as short
Phoenix ZEC	+0.0003%	1h	$4.9M	$1.4M	10x	as long as short
Binance ZECUSDT	+0.0004%	8h	$707.0M	$2.83B	75x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
BloFin ZEC-USDT	+0.0017%	8h	$32.0M	$81.0M	75x	as long as short
Bullet ZEC-USD	+0.0020%	1h	$51K	$115K	20x	as long as short
Bybit ZECUSDT	+0.0036%	8h	$295.6M	$755.4M	75x	as long as short
Gate ZEC_USDT	+0.0040%	8h	$52.4M	$216.4M	75x	as long as short
BingX ZEC-USDC	+0.0040%	8h	—	$6.9M	—	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$40K	$362K	20x	as long as short
Variational Omni ZEC	+0.0092%	8h	$49.3M	$33.6M	—	as long as short
RISEx ZEC/USDC	+0.0093%	1h	$876K	$2.8M	10x	as long as short
Katana Perps ZEC-USD	+0.0094%	8h	$23K	$1.2M	10x	as long as short
Lighter ZEC	+0.0096%	1h	$20.3M	$58.6M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	$1.7M	$8.0M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$196K	$2.2M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0098%	8h	$62K	$38K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.1M	$7.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$818.6M	$660.6M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.7M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	$316K	$681K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	$655K	$5.7M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$105.1M	$70.3M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.2M	$3.3M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$507K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$68K	$2.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$342K	$3.4M	10x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$498K	$245K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	$227K	$5.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.7M	$30.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.9M	$6.2M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$914K	$45K	10x	as long as short
Extended ZEC-USD	+0.0136%	1h	$3.4M	$4.6M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0171%	1h	$18.5M	$43.7M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0188% / S −0.0189%	1h	$366K	—	100x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0208%	1h	$3.8M	$13.5M	50x
Aftermath Perps ZECUSD	+0.0517%	1h	$39K	$21K	10x	as long as short