ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%

Price spread now: Nado against Aevo−0.043%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Nado is 0.043% cheaper against Aevo than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZRO-PERP	1.1825	0.0104	pay 0.0013% / 1h	34m 38s	$21K	—	3x
Short	Nado ZRO-PERP	1.1820	0.0166	get 0.0021% / 1h	34m 38s	$1.3M	$124K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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 AevobpFee NadobpOrdersPrice spread, now −0.043%Rate

Funding earned: $13.01
Price spread: −0.043% → 0.000%: −$4.3
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$14.29
Costs to cover: 0.230%
Break-even: 14.7 days

Slippage unknown: Aevo: no order-book sample; Nado: live order book, 4 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 Aevo no order-book sample	—	—	—	—	—
Sell Nado live order book, 4 min ago	2.11 bp	10.0 bp −$10	28.5 bp −$285	doesn't fit	doesn't fit

Aevo: 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.

ZRO on 26 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
01 Exchange ZROUSD	−0.0536%	1h	1.1816	−0.074%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDC	−0.0046%	4h	1.1831	+0.051%	$21K	$7K	10x	as long as short
Kraken Futures PF_ZROUSD	+0.0059%	1h	1.1840	+0.131%	$251K	$517K	25x	as long as short
BloFin ZRO-USDT	+0.0089%	4h	1.1802	−0.195%	$1.1M	$262K	75x	as long as short
Lighter ZRO	+0.0096%	1h	1.1828	+0.023%	$4.4M	$1.5M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1844	+0.161%	$37.6M	$6.2M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1834	+0.080%	$158K	$154K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1829	+0.032%	$138K	$182K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1825	0.000%	$22.2M	$31.7M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1814	−0.093%	$18.1M	$14.8M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1830	+0.042%	$3.2M	$8.5M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1830	+0.042%	$1.3M	$1.8M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1823	−0.017%	$19.1M	$3.1M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1833	+0.068%	$2.9M	$1.8M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1830	+0.042%	$2.7M	$2.4M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1826	+0.008%	—	$10.8M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1834	+0.076%	$100K	$208K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1815	−0.083%	$2.3M	$859K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1850	+0.211%	$37K	$681K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1838	+0.110%	$89K	$904K	5x	as long as short
Aevo ZRO-PERPlong	+0.0104%	1h	1.1825	long leg	$21K	—	3x
dYdX ZRO-USD	+0.0141%	1h	1.1831	+0.050%	$21K	$2K	5x	as long as short
Nado ZRO-PERPshort	+0.0166%	1h	1.1820	−0.043%	$1.3M	$124K	5x
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1832	+0.059%	$3K	—	100x	as long as short
Injective ZRO/USDC PERP	+0.0980%	1h	1.1870	+0.381%	$12K	$218K	12x	as long as short
Extended ZRO-USD	+0.2504%	1h	1.1822	−0.023%	$784K	$541K	10x	as long as short