Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.038%
Price spread now: Extended against Kalshi−0.073%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.345% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,457.6 | 0 | get 0.0000% / 8h | 1h 27m | $1.5M | $5.1M | 2.2x |
| Short | Extended ZEC-USD | 1,456.5 | 0.0104 | get 0.0013% / 1h | 27m 46s | $2.8M | $7.7M | 10x |
Kalshi KXZECPERP
Extended ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kalshi. 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
- $21.84
- Price spread: −0.073% → −0.066%
- −$0.63
- Slippage, 4 orders
- −$19.5
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$13.29
- Costs to cover
- 0.345%
- Break-even
- 11.3 days
Slippage from Kalshi: live order book, 1 min ago; Extended: 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 Kalshi live order book, 1 min ago | 7.72 bp | 12.7 bp −$13 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.90 bp | 5.5 bp −$5 | 19.4 bp −$194 | 66.9 bp −$6,693 | 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 | −0.3244% | 1h | 1,455.5 | −0.142% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0082% | 8h | 1,456.6 | −0.064% | $29.1M | $71.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.7 | −0.061% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,455.8 | −0.122% | $410K | $44K | 5x | as long as short |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,457.6 | long leg | $1.5M | $5.1M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,456.1 | −0.099% | $83K | $243K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.6 | −0.064% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0044% | 8h | 1,456 | −0.111% | $291K | $979K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,456.6 | −0.064% | $409K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | +0.137% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0094% | 1h | 1,456.7 | −0.060% | $410K | $911K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.5 | −0.072% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,457.5 | −0.006% | $23K | $869K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.6 | −0.068% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.6 | −0.069% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.4 | −0.012% | $762.7M | $438.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.6 | −0.064% | $14.5M | $28.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,456.6 | −0.070% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.5 | −0.076% | $667.1M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,455.7 | −0.128% | $266.0M | $611.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,456.1 | −0.102% | $178.7M | $1.24B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,457.5 | −0.005% | $396K | $436K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.435% | $879K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.6 | −0.069% | $49.6M | $173.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.8 | −0.054% | $214.1M | $776.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.6 | −0.069% | $102.0M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.1 | −0.098% | $161.8M | $278.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456.6 | −0.065% | — | $97.5M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.2 | −0.029% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.2 | −0.229% | $47.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.2 | −0.302% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.3 | +0.047% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.2 | −0.026% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.6 | −0.067% | $331K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.1 | −0.034% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,454.9 | −0.181% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459 | +0.097% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,456.4 | −0.078% | $233K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456 | −0.110% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.9 | −0.048% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USDshort | +0.0104% | 1h | 1,456.5 | −0.073% | $2.8M | $7.7M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.2 | −0.097% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,457.7 | +0.009% | $8K | $7K | 5x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,457.5 | −0.003% | $19.0M | $46.5M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,456.3 | −0.090% | $18.0M | $44.6M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,458.2 | +0.043% | $709K | $8.5M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0303% | 1h | 1,456.9 | −0.049% | $613K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0344% | 1h | 1,458.5 | +0.062% | $2.0M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,456.8 | −0.052% | $831K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,458 | +0.027% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0698% | 1h | 1,455.8 | −0.124% | $45K | $49K | 10x | as long as short |
ApeX Omni ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Aevo ZEC-PERP
01 Exchange ZECUSD
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD