ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.028%

Price spread now: Kalshi against Paradex+0.063%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Kalshi is 0.063% dearer against Paradex than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex ZEC-USD-PERP	1,489.4	0.0100	pay 0.0100% / 8h	56m 25s	$61K	$43K	10x
Short	Kalshi KXZECPERP	1,490.3	0	get 0.0000% / 8h	4h 56m	$1.5M	$4.7M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Paradex. 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 ParadexbpFee KalshibpOrdersPrice spread, now +0.063%Rate

Funding earned: −$20.95
Price spread: +0.063% → 0.000%: $6.28
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$28.67
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 2 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 2 min ago	7.67 bp	12.7 bp −$13	19.6 bp −$196	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.3442%	1h	1,491.5	+0.145%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,489.2	−0.014%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0144%	8h	1,488.1	−0.082%	$30.7M	$74.9M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,492.2	+0.188%	$6K	$1K	10x	as long as short
Aftermath Perps ZECUSD	−0.0027%	1h	1,491.5	+0.144%	$47K	$64K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0023%	1h	1,490.3	+0.063%	$406K	$552K	5x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,489	−0.022%	$414K	$35K	5x	as long as short
Kalshi KXZECPERPshort	0.0000%	8h	1,490.3	+0.063%	$1.5M	$4.7M	2.2x
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,491.3	+0.130%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0012%	1h	1,492.4	+0.201%	$18.1M	$46.6M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0082%	8h	1,491.4	+0.135%	$300K	$1.1M	20x	as long as short
Bulk ZEC-USD	+0.0085%	1h	1,492.9	+0.239%	$902K	$7K	10x	as long as short
01 Exchange ZECUSD	+0.0088%	1h	1,489.7	+0.024%	$8K	$7K	5x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,489.4	0.000%	$171K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,489.2	−0.009%	$12K	$879K	10x	as long as short
Paradex ZEC-USD-PERPlong	+0.0100%	8h	1,489.4	long leg	$61K	$43K	10x
Nado ZEC-PERP	+0.0100%	1h	1,489.8	+0.029%	$3.1M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,490.1	+0.049%	$777.7M	$448.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,490.1	+0.049%	$13.9M	$31.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,488.8	−0.039%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,491.2	+0.121%	$695.4M	$2.32B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,491.1	+0.115%	$267.3M	$629.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,491.9	+0.172%	$181.5M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,491.1	+0.116%	$55.1M	$181.4M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,490.6	+0.084%	$242.9M	$784.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,488.9	−0.035%	$102.5M	$57.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,491.7	+0.159%	$160.7M	$290.1M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,491.3	+0.128%	—	$118.1M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,489.9	+0.036%	$48.8M	$34.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,490.5	+0.079%	$570K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,490	+0.043%	$3.1M	$499K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,491.8	+0.165%	$411K	$943K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,489.5	+0.008%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,490	+0.043%	$356K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,491.1	+0.118%	$164K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,487.2	−0.144%	$454K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,491.4	+0.138%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,491.9	+0.167%	$254K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,489	−0.024%	$2.7M	$20.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,488.6	−0.053%	$4.0M	$5.0M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,491.7	+0.159%	$2.7M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,491.7	+0.156%	$43K	$151K	20x	as long as short
RISEx ZEC/USDC	+0.0128%	1h	1,489.4	0.000%	$938K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,490.5	+0.076%	$4.8M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0139% / S −0.0137%	1h	1,488.5	−0.060%	$392K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0145%	1h	1,492.5	+0.213%	$682K	$1.4M	25x	as long as short
Lighter ZEC	+0.0240%	1h	1,490	+0.043%	$19.6M	$44.8M	20x	as long as short
Lighter RH ZEC	+0.0240%	1h	1,489.8	+0.030%	$2.1M	$7.3M	10x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,490.4	+0.070%	$624K	$8.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,492.2	+0.189%	$3.7M	$10.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0422%	1h	1,488.5	−0.061%	$2.3M	$3.9M	15x	as long as short