Funding you earn now, next payment 23:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%
Price spread now: Nado against ApeX Omni−0.039%61s7-day average −0.005% · 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—prices read too far apart to compare
costs, in and out, $10k−$640.636% of the position
Funding, last 3 days (all we have)+0.054%+$5 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now −0.039%, 7d avg −0.005%
=Together, before fees+0.006%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.034% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of −0.005%). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day). The two prices were read 61 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 | ApeX Omni ZROUSDT | 1.1820 | 0.0100 | pay 0.0013% / 1h | 32m 19s | $37K | $681K | 50x |
| Short | Nado ZRO-PERP | 1.1815 | 0.0175 | get 0.0022% / 1h | 32m 19s | $1.3M | $124K | 5x |
ApeX Omni ZROUSDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX Omni. 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
- $15.71
- Price spread: −0.039% → −0.005%
- −$3.4
- Slippage, 4 orders
- −$46.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$51.26
- Costs to cover
- 0.636%
- Break-even
- 29.8 days
Slippage from ApeX Omni: live order book, 51 min ago; Nado: live order book, 1 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 ApeX Omni live order book, 51 min ago | 8.44 bp | 24.4 bp −$24 | 121.8 bp −$1,218 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 1.69 bp | 10.7 bp −$11 | 36.0 bp −$360 | doesn't fit | doesn't fit |
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 | −0.0512% | 1h | 1.1818 | −0.021% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0041% | 4h | 1.1821 | +0.008% | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1830 | +0.086% | $251K | $517K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1827 | +0.059% | $4.4M | $1.5M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0097% | 4h | 1.1835 | +0.127% | $1.1M | $263K | 75x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1835 | +0.127% | $37.6M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1832 | +0.101% | $158K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1825 | +0.045% | $138K | $182K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1818 | −0.020% | $22.2M | $31.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1809 | −0.093% | $18.0M | $14.8M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Kraken Futures PF_ZROUSD
Lighter ZRO
BloFin ZRO-USDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1818 | −0.017% | $3.2M | $8.5M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | +0.085% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1819 | −0.008% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1832 | +0.102% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1828 | +0.068% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1819 | −0.008% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1836 | +0.135% | $100K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1815 | −0.041% | $2.3M | $859K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1820 | long leg | $37K | $681K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1830 | +0.085% | $88K | $904K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1814 | −0.054% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0143% | 1h | 1.1832 | +0.102% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERPshort | +0.0175% | 1h | 1.1815 | −0.039% | $1.3M | $124K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1822 | +0.016% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1880 | +0.508% | $12K | $218K | 12x | as long as short |
| Extended ZRO-USD | +0.2504% | 1h | 1.1818 | −0.019% | $784K | $541K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD