Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: dYdX against Kalshi−0.074%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1161.160% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.074%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.051% cheaper against Kalshi than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,466.9 | 0 | get 0.0000% / 8h | 2h 40m | $971K | $5.1M | 2.2x |
| Short | dYdX ZEC-USD | 1,465.8 | 0 | get 0.0000% / 1h | 40m 05s | $413K | $57K | 5x |
Kalshi KXZECPERP
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $0
- Price spread: −0.074% → −0.023%
- −$5.09
- Slippage, 4 orders
- −$95.98
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$121.07
- Costs to cover
- 1.160%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 4 min ago; dYdX: live order book, 29 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, 4 min ago | 9.77 bp | 14.8 bp −$15 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 29 min ago | 37.15 bp | 42.2 bp −$42 | 43.9 bp −$439 | 86.0 bp −$8,599 | 179.0 bp −$89.5K |
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 | −0.3678% | 1h | 1,467.9 | +0.074% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,465.1 | −0.122% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0060% | 1h | 1,467.1 | +0.017% | $398K | $516K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,467.1 | +0.015% | $18.0M | $43.6M | 25x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,465.8 | −0.074% | $413K | $57K | 5x | |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,466.9 | long leg | $971K | $5.1M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,464.2 | −0.183% | $83K | $264K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464.5 | −0.164% | $5.2M | — | 150x | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.569% | $29.6M | $73.3M | 75x | as long as short |
| Variational Omni ZEC | +0.0023% | 8h | 1,466.1 | −0.051% | $47.8M | $33.3M | — | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
BloFin ZEC-USDT
Variational Omni ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,465 | −0.127% | $292K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,465.1 | −0.118% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,464.2 | −0.182% | $383K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,466.9 | +0.001% | $4.6M | $1.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0077% | 8h | 1,466.9 | +0.003% | $49.7M | $174.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0084% | 8h | 1,468.4 | +0.105% | $180.9M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,464.4 | −0.166% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.2 | −0.183% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464.7 | −0.148% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,465.5 | −0.093% | $2.5M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.8 | +0.065% | $763.8M | $451.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.6 | −0.018% | $14.8M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.4 | −0.097% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.3 | +0.030% | $680.4M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.050% | $270.6M | $628.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.7 | −0.012% | $215.7M | $795.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.4 | −0.031% | $103.2M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.6 | +0.122% | $162.9M | $286.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,466.9 | 0.000% | — | $100.1M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.5 | +0.179% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.7 | +0.395% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,467.8 | +0.065% | $427K | $906K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.8 | −0.004% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464.5 | −0.160% | $338K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,464.2 | −0.184% | $127K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.8 | −0.209% | $456K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,467.4 | +0.039% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,466.2 | −0.046% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,464.6 | −0.151% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.1 | +0.018% | $3.9M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.6 | +0.531% | $897K | $17K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.1 | −0.054% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,465 | −0.127% | $48K | $167K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0222% | 1h | 1,466.1 | −0.054% | $603K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0224% | 1h | 1,468.1 | +0.083% | $19.1M | $48.0M | 20x | as long as short |
| Lighter RH ZEC | +0.0232% | 1h | 1,468.1 | +0.085% | $2.0M | $7.1M | 10x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,466.7 | −0.008% | $698K | $8.7M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,465.5 | −0.091% | $851K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,466.4 | −0.031% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0497% | 1h | 1,467.2 | +0.027% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0737% | 1h | 1,470.2 | +0.232% | $43K | $46K | 10x | as long as short |
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Lighter RH ZEC
Arcus ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD