Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against SunX−0.188%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now −0.188%, 7d avg −0.082%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.106% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,455 | 0.0100 | pay 0.0100% / 8h | 4h 38m | $3K | $1.2M | 20x |
| Short | Kalshi KXZECPERP | 1,452.2 | 0 | get 0.0000% / 8h | 38m 06s | $1.5M | $4.5M | 2.2x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against SunX. 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
- Price spread: −0.188% → −0.082%
- −$10.6
- Slippage, 4 orders
- −$125.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$174.88
- Costs to cover
- 1.433%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Kalshi: live order book, 5 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 SunX live order book, 5 min ago | 29.02 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 7.38 bp | 12.4 bp −$12 | 17.4 bp −$174 | doesn't fit | 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 | −0.3166% | 1h | 1,450 | −0.342% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.4 | −0.245% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,451.5 | −0.237% | $29.2M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.2 | −0.257% | $409K | $39K | 5x | as long as short |
| Kalshi KXZECPERPshort | 0.0000% | 8h | 1,452.2 | −0.188% | $1.5M | $4.5M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,451.1 | −0.267% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,452.3 | −0.186% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0061% | 8h | 1,452.5 | −0.173% | $291K | $957K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0066% / S −0.0016% | 1h | 1,452.1 | −0.193% | $408K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,452.5 | −0.172% | $8K | $7K | 5x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,452.8 | −0.149% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,452.1 | −0.197% | $12K | $874K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,452.1 | −0.200% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,452.2 | −0.187% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.3 | −0.114% | $755.9M | $431.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,452.4 | −0.176% | $14.4M | $27.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,451.4 | −0.244% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,452.4 | −0.175% | $666.4M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,451.8 | −0.217% | $261.2M | $601.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,452.4 | −0.179% | $177.3M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,452.1 | −0.197% | $394K | $440K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,450.7 | −0.293% | $875K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,452.6 | −0.163% | $50.0M | $173.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,452.3 | −0.181% | $216.1M | $770.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.8 | −0.148% | $102.1M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.6 | −0.162% | $165.0M | $273.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.5 | −0.235% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.8 | −0.149% | $2.4M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,449.4 | −0.380% | $47.5M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,450.6 | −0.300% | $565K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.9 | −0.142% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,450.8 | −0.284% | $403K | $925K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452.4 | −0.175% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.9 | −0.210% | $365K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452.5 | −0.173% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.4 | −0.243% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,455 | long leg | $3K | $1.2M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.4 | −0.179% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451.8 | −0.214% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.8 | −0.217% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,452.1 | −0.198% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.7 | −0.222% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,450.5 | −0.309% | $4.6M | $1.3M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0278% | 1h | 1,452.2 | −0.193% | $18.0M | $44.9M | 25x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0328% | 1h | 1,453.2 | −0.119% | $608K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0336% | 1h | 1,453.4 | −0.106% | $19.1M | $45.9M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,452.3 | −0.180% | $919K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,453.2 | −0.120% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0488% | 1h | 1,453.9 | −0.071% | $2.0M | $6.9M | 10x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,450 | −0.343% | $738K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0675% | 1h | 1,451.6 | −0.233% | $44K | $49K | 10x | as long as short |
SunX ZEC-USDT
Kalshi KXZECPERP
Injective ZEC/USDC PERP
BloFin ZEC-USDT
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Phoenix ZEC
Kraken Futures PF_ZECUSD
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD