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: Kalshi against KuCoin−0.076%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

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

Long on KuCoin Short on Kalshi

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+0.196%+$20 · spread now −0.076%, 7d avg +0.045%

Together, before fees+0.276%+$28 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 0.121% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, 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	KuCoin ZECUSDTM	1,508.2	0.0100	pay 0.0100% / 8h	4h 44m	$106.1M	$50.9M	75x
Short	Kalshi KXZECPERP	1,507	0	get 0.0000% / 8h	44m 00s	$1.5M	$4.9M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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 KuCoinbpFee KalshibpOrdersPrice spread, now −0.076%Rate

Funding earned: −$21
Price spread: −0.076% → +0.045%: −$12.14
Slippage, 4 orders: −$21.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$76.57
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Kalshi: live order book, 3 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 KuCoin live order book, 3 min ago	1.20 bp	12.3 bp −$12	18.5 bp −$185	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	6.54 bp	11.6 bp −$12	16.6 bp −$166	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	−1.479%	$36K	$267K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,505.2	−0.195%	$63K	$296K	10x	as long as short
Aftermath Perps ZECUSD	−0.0244%	1h	1,500.3	−0.522%	$47K	$76K	10x	as long as short
BloFin ZEC-USDT	−0.0178%	8h	1,503.5	−0.307%	$32.1M	$72.2M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0146%	1h	1,499.8	−0.555%	$407K	$481K	5x	as long as short
ApeX Omni ZECUSDT	−0.0101%	1h	1,494.7	−0.894%	$408K	$959K	50x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,499.7	−0.560%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,506.1	−0.140%	$415K	$29K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,505.8	−0.156%	$8K	$6K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,507	−0.076%	$1.5M	$4.9M	2.2x

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,507.6	−0.038%	$5.3M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0055%	8h	1,507.3	−0.056%	$304K	$652K	20x	as long as short
Phoenix ZEC	+0.0064%	1h	1,498.7	−0.628%	$4.8M	$1.3M	10x	as long as short
RISEx ZEC/USDC	+0.0083%	1h	1,505.8	−0.160%	$910K	$1.3M	10x	as long as short
Aster ZECUSDT	+0.0086%	8h	1,508.4	+0.016%	$14.4M	$25.3M	75x	as long as short
Lighter ZEC	+0.0096%	1h	1,508.1	−0.002%	$20.2M	$37.7M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,509.4	+0.080%	$2.1M	$7.1M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,506.3	−0.127%	$170K	$1.3M	50x	as long as short
Katana Perps ZEC-USD	+0.0099%	8h	1,505	−0.208%	$24K	$861K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,506.6	−0.105%	$62K	$14K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,506.8	−0.094%	$3.1M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,509.2	+0.068%	$796.8M	$419.2M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,506.7	−0.098%	$1.5M	$2.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,508.6	+0.031%	$704.7M	$2.12B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,508.3	+0.009%	$276.3M	$578.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,508.2	+0.003%	$185.7M	$1.26B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,506.4	−0.119%	$593K	$8.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,498.8	−0.621%	$776K	$182K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,508.3	+0.007%	$65.2M	$163.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,508.6	+0.030%	$181.9M	$801.4M	150x	as long as short
KuCoin ZECUSDTMlong	+0.0100%	8h	1,508.2	long leg	$106.1M	$50.9M	75x
Bitget ZECUSDT	+0.0100%	8h	1,508.5	+0.021%	$164.8M	$270.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,508.1	−0.007%	—	$118.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,509	+0.058%	$2.2M	$3.6M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,497.2	−0.725%	$49.5M	$32.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,494.4	−0.914%	$546K	$8.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,499	−0.609%	$3.1M	$649K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,502.9	−0.351%	$112K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,507.3	−0.058%	$370K	$1.4M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,507.6	−0.035%	$170K	$188K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,506.9	−0.086%	$393K	$494K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,509.7	+0.101%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,506.9	−0.086%	$258K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,505.3	−0.194%	$2.7M	$20.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,508.6	+0.026%	$4.1M	$4.7M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,508.3	+0.012%	$2.7M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,506.6	−0.102%	$37K	$163K	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0177%	1h	1,507.6	−0.038%	$18.6M	$45.2M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0206% / S −0.0227%	1h	1,507.5	−0.042%	$350K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0253%	1h	1,508	−0.008%	$697K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0392%	1h	1,509.7	+0.102%	$4.0M	$9.4M	50x	as long as short