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 −0.012%

Price spread now: Kalshi against Aster+0.012%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Aster Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.055%+$5 on $10k

Price spread, last 7 days+0.028%+$3 · spread now +0.012%, 7d avg +0.051%

Together, before fees+0.083%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.039% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.051%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.055%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZECUSDT	1,460.4	0.0100	pay 0.0100% / 8h	4h 17m	$14.5M	$28.0M	75x
Short	Kalshi KXZECPERP	1,460.6	0	get 0.0000% / 8h	17m 11s	$1.5M	$4.5M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aster. 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 AsterbpFee KalshibpOrdersPrice spread, now +0.012%Rate

Funding earned: −$21
Price spread: +0.012% → +0.051%: −$3.88
Slippage, 4 orders: −$17.68
Fee Aster: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$60.55
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from Aster: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	0.75 bp	5.2 bp −$5	6.0 bp −$60	19.2 bp −$1,920	90.4 bp −$45.2K
Sell Kalshi live order book, 1 min ago	7.81 bp	12.8 bp −$13	17.2 bp −$172	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	1,460.7	+0.024%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,459.6	−0.051%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0069%	8h	1,460.3	−0.008%	$29.5M	$71.1M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,459.7	−0.043%	$411K	$38K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,460.6	+0.012%	$1.5M	$4.5M	2.2x
Perpl ZEC	0.0000%	43m	1,459.6	−0.056%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,460.2	−0.013%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,460.1	−0.016%	$292K	$952K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0069% / S −0.0020%	1h	1,460.2	−0.014%	$410K	—	100x	as long as short
01 Exchange ZECUSD	+0.0080%	1h	1,460.2	−0.012%	$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	1,459.8	−0.037%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,460.2	−0.013%	$11K	$857K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,460	−0.024%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,460.4	+0.001%	$2.8M	$6.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,461.6	+0.083%	$759.8M	$431.8M	10x	as long as short
Aster ZECUSDTlong	+0.0100%	8h	1,460.4	long leg	$14.5M	$28.0M	75x
Pacifica ZEC	+0.0100%	1h	1,460.3	−0.006%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,460.3	−0.003%	$671.2M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,459.7	−0.044%	$262.1M	$602.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,460.2	−0.014%	$178.2M	$1.23B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,458.4	−0.135%	$397K	$442K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.2	−0.216%	$880K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,460.1	−0.020%	$50.6M	$174.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,460.3	−0.003%	$215.1M	$773.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,460.5	+0.008%	$103.0M	$54.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,460.5	+0.006%	$166.1M	$271.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,459.9	−0.030%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,460.3	−0.005%	$47.9M	$32.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,461.7	+0.093%	$569K	$8.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,460.6	+0.013%	$3.0M	$437K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,461.9	+0.108%	$405K	$939K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,459	−0.096%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,459.8	−0.039%	$365K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,460	−0.023%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,459.2	−0.077%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,462.5	+0.146%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,460.3	−0.003%	$234K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,457.9	−0.171%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,460	−0.029%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,460.2	−0.010%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,460.1	−0.020%	$47K	$151K	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0122%	1h	1,461.2	+0.054%	$2.4M	$3.8M	15x	as long as short
Phoenix ZEC	+0.0123%	1h	1,460.1	−0.019%	$4.6M	$1.3M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0156%	1h	1,461	+0.042%	$617K	$1.3M	25x	as long as short
Lighter ZEC	+0.0264%	1h	1,461.6	+0.082%	$19.2M	$46.0M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0276%	1h	1,460.1	−0.020%	$18.1M	$45.0M	25x	as long as short
Lighter RH ZEC	+0.0384%	1h	1,461.7	+0.094%	$2.1M	$7.0M	10x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,460	−0.024%	$924K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,462	+0.111%	$3.8M	$9.1M	50x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,460.9	+0.039%	$683K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0682%	1h	1,461	+0.041%	$45K	$49K	10x	as long as short