Funding you earn now, next payment 05:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h +0.045%
Price spread now: RISEx against Kalshi−0.052%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 4 days (all we have)+0.299%+$30 on $10k
+Price spread, last 7 days+0.055%+$5 · spread now −0.052%, 7d avg −0.009%
=Funding pays, the price is against you. RISEx is 0.043% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,453 | 0 | get 0.0000% / 8h | 7h 42m | $1.5M | $4.4M | 2.2x |
| Short | RISEx ZEC/USDC | 1,452.3 | 0.0216 | get 0.0027% / 1h | 42m 00s | $918K | $1.1M | 10x |
Kalshi KXZECPERP
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $45.35
- Price spread: −0.052% → −0.009%
- −$4.25
- Slippage, 4 orders
- −$15.68
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $9.42
- Costs to cover
- 0.317%
- Break-even
- 5.5 days
Slippage from Kalshi: live order book, 1 min ago; RISEx: live order book, 2 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, 1 min ago | 6.53 bp | 11.5 bp −$12 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 1.31 bp | 4.3 bp −$4 | 8.9 bp −$89 | 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 | −0.3042% | 1h | 1,452 | −0.071% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.1 | +0.073% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,454.6 | +0.106% | $29.4M | $70.5M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.1 | +0.003% | $409K | $36K | 5x | as long as short |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,453 | long leg | $1.5M | $4.4M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | 1,451.1 | −0.131% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.4 | −0.110% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,451.3 | −0.120% | $290K | $943K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0080% / S −0.0030% | 1h | 1,451.3 | −0.121% | $432K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,452 | −0.068% | $173K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,452.2 | −0.056% | $15K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,452.4 | −0.040% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,452.5 | −0.038% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,451.5 | −0.109% | $14.6M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,452.8 | −0.016% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,451.6 | −0.098% | $666.8M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,450.9 | −0.145% | $260.8M | $599.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,451.7 | −0.089% | $178.2M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,450.5 | −0.174% | $394K | $432K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.9 | −0.009% | $878K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,451.4 | −0.112% | $50.7M | $170.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,451.6 | −0.098% | $216.9M | $767.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452 | −0.071% | $102.3M | $53.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451.7 | −0.089% | $165.0M | $270.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.7 | −0.094% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,450.4 | −0.178% | $47.6M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,451.6 | −0.097% | $565K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,453.1 | +0.003% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.7 | −0.089% | $401K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,453.7 | +0.047% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.8 | −0.085% | $352K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.4 | −0.112% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.2 | −0.197% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.6 | +0.109% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.5 | −0.103% | $232K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451 | −0.140% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,452 | −0.071% | $3.8M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,451.4 | −0.109% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.3 | −0.121% | $47K | $151K | 20x | as long as short |
| Lighter RH ZEC | +0.0112% | 1h | 1,453 | −0.004% | $2.1M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0113% | 1h | 1,452.9 | −0.006% | $755.8M | $428.7M | 10x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,452.9 | −0.011% | $4.6M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,452.4 | −0.044% | $8K | $7K | 5x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0129% | 1h | 1,451.9 | −0.081% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,453.1 | +0.002% | $19.1M | $44.8M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0194% | 1h | 1,451.9 | −0.078% | $613K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDCshort | +0.0216% | 1h | 1,452.3 | −0.052% | $918K | $1.1M | 10x | |
| Kraken Futures PF_ZECUSD | +0.0334% | 1h | 1,451.3 | −0.118% | $18.0M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,454.2 | +0.080% | $691K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,452.1 | −0.065% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0669% | 1h | 1,453.3 | +0.020% | $44K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter RH ZEC
Hyperliquid ZEC
Phoenix ZEC
01 Exchange ZECUSD
Backpack ZEC_USDC_PERP
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD