ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Kalshi+0.104%49s7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.434% of the position

Long on Kalshi Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 7 days−0.224%−$22 · spread now +0.104%, 7d avg −0.045%

Together, before fees−0.304%−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.149% dearer against Kalshi than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXZECPERP	1,507	0	get 0.0000% / 8h	43m 26s	$1.5M	$4.9M	2.2x
Short	KuCoin ZECUSDTM	1,508.6	0.0100	get 0.0100% / 8h	4h 43m	$106.1M	$50.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Kalshi. 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 KalshibpFee KuCoinbpOrdersPrice spread, now +0.104%Rate

Funding earned: $21
Price spread: +0.104% → −0.045%: $14.93
Slippage, 4 orders: −$21.44
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7.51
Costs to cover: 0.434%
Break-even: 9.5 days

Slippage from Kalshi: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago	6.54 bp	11.5 bp −$12	21.0 bp −$210	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.20 bp	8.0 bp −$8	11.8 bp −$118	doesn't fit	doesn't fit

ZEC on 51 exchanges

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	−0.3418%	1h	1,485.9	−1.403%	$36K	$267K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,507.9	+0.056%	$63K	$296K	10x	as long as short
Aftermath Perps ZECUSD	−0.0241%	1h	1,501.8	−0.346%	$47K	$76K	10x	as long as short
BloFin ZEC-USDT	−0.0178%	8h	1,503.5	−0.231%	$32.1M	$72.2M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0133%	1h	1,499.8	−0.479%	$407K	$481K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,499.7	−0.484%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,509.1	+0.138%	$416K	$29K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,508	+0.062%	$8K	$6K	5x	as long as short
Kalshi KXZECPERPlong	0.0000%	8h	1,507	long leg	$1.5M	$4.9M	2.2x
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,509.3	+0.149%	$5.4M	—	150x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	+0.0031%	1h	1,503.2	−0.255%	$410K	$960K	50x	as long as short
Orderly PERP_ZEC_USDC	+0.0055%	8h	1,508.8	+0.115%	$305K	$652K	20x	as long as short
Phoenix ZEC	+0.0064%	1h	1,498.7	−0.552%	$4.8M	$1.3M	10x	as long as short
RISEx ZEC/USDC	+0.0083%	1h	1,507.6	+0.041%	$912K	$1.3M	10x	as long as short
Aster ZECUSDT	+0.0087%	8h	1,509.2	+0.145%	$14.4M	$25.3M	75x	as long as short
Lighter ZEC	+0.0096%	1h	1,510.8	+0.253%	$20.1M	$37.9M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,510.4	+0.223%	$2.1M	$7.1M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,508.2	+0.076%	$169K	$1.3M	50x	as long as short
Katana Perps ZEC-USD	+0.0099%	8h	1,507.4	+0.022%	$24K	$862K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,508.6	+0.107%	$62K	$14K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,509.4	+0.157%	$3.1M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,509.8	+0.184%	$796.9M	$419.4M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,509.8	+0.183%	$1.5M	$2.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,509.6	+0.168%	$705.1M	$2.12B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,509.1	+0.138%	$276.4M	$577.5M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,509	+0.133%	$186.1M	$1.26B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,508.6	+0.107%	$595K	$8.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,498.8	−0.545%	$776K	$182K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,509.1	+0.138%	$65.2M	$163.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,509.1	+0.135%	$180.2M	$801.9M	150x	as long as short
KuCoin ZECUSDTMshort	+0.0100%	8h	1,508.6	+0.104%	$106.1M	$50.9M	75x
Bitget ZECUSDT	+0.0100%	8h	1,508.8	+0.117%	$164.9M	$270.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,509	+0.131%	—	$118.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,509	+0.134%	$2.2M	$3.6M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,497.2	−0.649%	$49.5M	$32.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,500.3	−0.444%	$548K	$8.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,506.2	−0.054%	$3.1M	$659K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,502.9	−0.275%	$112K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,508.7	+0.111%	$371K	$1.4M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,509.5	+0.168%	$170K	$188K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,506.9	−0.010%	$393K	$494K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,509.7	+0.177%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,506.9	−0.010%	$258K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,505.3	−0.117%	$2.7M	$20.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,508.6	+0.102%	$4.1M	$4.7M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,507.9	+0.058%	$2.7M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,506.6	−0.026%	$37K	$163K	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0177%	1h	1,507.6	+0.039%	$18.6M	$45.2M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0206% / S −0.0228%	1h	1,509.4	+0.159%	$350K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0253%	1h	1,508	+0.068%	$697K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0392%	1h	1,509.7	+0.178%	$4.0M	$9.4M	50x	as long as short