Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.002%
Price spread now: Kalshi against gTrade (Gains Network)+0.048%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$2942.936% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.007%−$1 on $10k
Price spread, last 7 days−0.138%−$14 · spread now +0.048%, 7d avg +0.034%
Together, before fees−0.145%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,485.7L +0.0007% / S −0.0006%pay 0.0001% / 1h51m 30s$5.3M150x
ShortKalshi KXZECPERP1,486.40get 0.0000% / 8h5h 51m$1.6M$4.6M2.2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against gTrade (Gains Network). 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

Funding earned
−$1.44
Price spread: +0.048% → +0.034%
$1.4
Slippage, 4 orders
−$273.57
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$293.61
Costs to cover
2.936%
Break-even
never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Kalshi: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.06 bp135.1 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell Kalshi live order book, 2 min ago6.72 bp11.7 bp −$1217.7 bp −$177doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3684%1h1,491.6+0.394%$34K$273K12xas long as short
ApeX Omni ZECUSDT−0.0140%1h1,485.70.000%$411K$932K50xas long as short
BloFin ZEC-USDT−0.0123%8h1,485.7−0.001%$30.6M$73.7M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.332%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,485.1−0.043%$18.0M$46.4M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,485.8+0.007%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,484.9−0.054%$413K$35K5xas long as short
Kalshi KXZECPERPshort0.0000%8h1,486.4+0.048%$1.6M$4.6M2.2x
Perpl ZEC0.0000%43m1,484.4−0.090%$61K$293K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,485.7long leg$5.3M150x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0072%8h1,485.1−0.042%$298K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,483.1−0.177%$157K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,485.5−0.012%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,482.5−0.215%$14.1M$30.6M75xas long as short
Pacifica ZEC+0.0100%1h1,484.6−0.073%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,483.1−0.178%$690.7M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,483.1−0.180%$269.1M$626.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,483−0.180%$179.8M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,487+0.086%$405K$507K5xas long as short
Gate ZEC_USDT+0.0100%8h1,482.4−0.222%$53.9M$179.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,482.2−0.238%$229.3M$773.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.5−0.083%$102.0M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,483.1−0.178%$160.1M$287.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,481.5−0.287%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,485.5−0.014%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,493.6+0.531%$48.8M$33.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,488.1+0.163%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.4−0.022%$3.1M$477K10xas long as short
StandX ZEC-USD+0.0100%1h1,486.2+0.032%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,482.6−0.210%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,485.3−0.028%$164K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,484.6−0.077%$453K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,487.7+0.133%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,485.2−0.036%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,484.4−0.087%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,485.4−0.022%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,482−0.254%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,482.9−0.192%$11K$862K10xas long as short
Hyperliquid ZEC+0.0104%1h1,486+0.019%$773.3M$437.9M10xas long as short
Extended ZEC-USD+0.0104%1h1,481.9−0.256%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,485.2−0.036%$45K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0120% / S −0.0104%1h1,485.5−0.012%$430K100xas long as short
01 Exchange ZECUSD+0.0120%1h1,483.1−0.176%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,482.7−0.204%$927K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,490.8+0.344%$4.7M$1.4M10xas long as short
Arcus ZEC-USD+0.0221%1h1,485.8+0.005%$621K$8.6M10xas long as short
Aftermath Perps ZECUSD+0.0251%1h1,490.8+0.341%$48K$63K10xas long as short
Lighter ZEC+0.0256%1h1,486.1+0.025%$19.4M$45.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0267%1h1,486.3+0.036%$707K$1.4M25xas long as short
Lighter RH ZEC+0.0296%1h1,484.3−0.096%$2.1M$7.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,488+0.153%$3.6M$9.9M50xas long as short