Funding you earn now, next payment 22:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.020%
Price spread now: Nado against Aster−0.133%7-day average −0.036% · 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−$111as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.576%+$58 · spread now −0.133%, 7d avg −0.036%
=Together, before fees+0.626%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.097% cheaper against Aster than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.036%). If the spread goes back, that is −$10 on $10k: about 4.1 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 | Aster ZROUSDT | 1.1825 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $158K | $161K | 10x |
| Short | Nado ZRO-PERP | 1.1809 | 0.0180 | get 0.0022% / 1h | 37m 50s | $1.3M | $130K | 5x |
Aster ZROUSDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aster. 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
- $16.76
- Price spread: −0.133% → −0.036%
- −$9.73
- Slippage, 4 orders
- −$85.82
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$93.78
- Costs to cover
- 1.008%
- Break-even
- 46.2 days
Slippage from Aster: live order book, 48 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 Aster live order book, 48 min ago | 3.81 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 2.11 bp | 10.8 bp −$11 | 29.0 bp −$290 | 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 | −0.0376% | 1h | 1.1800 | −0.215% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0052% | 4h | 1.1814 | −0.092% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1819 | −0.047% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0033% | 4h | 1.1825 | +0.001% | $3.2M | $9.1M | 20x | as long as short |
| Bybit ZROUSDT | +0.0082% | 4h | 1.1824 | −0.008% | $18.1M | $15.9M | 50x | as long as short |
| BloFin ZRO-USDT | +0.0084% | 4h | 1.1809 | −0.134% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1818 | −0.061% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1802 | −0.197% | $2.3M | $879K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1842 | +0.145% | $37.6M | $6.9M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1825 | long leg | $158K | $161K | 10x |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
Bybit ZROUSDT
BloFin ZRO-USDT
Lighter ZRO
Variational Omni ZRO
Hyperliquid ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.0100% | 1h | 1.1814 | −0.091% | $144K | $195K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1829 | +0.035% | $22.4M | $33.9M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | −0.041% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1831 | +0.052% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1829 | +0.035% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1831 | +0.052% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1828 | +0.026% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1817 | −0.067% | $92K | $203K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | −0.126% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1816 | −0.075% | $87K | $991K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1811 | −0.114% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPshort | +0.0180% | 1h | 1.1809 | −0.133% | $1.3M | $130K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1822 | −0.020% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1820 | −0.038% | $250K | $577K | 25x | as long as short |
| Extended ZRO-USD | +0.0816% | 1h | 1.1829 | +0.035% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1850 | +0.212% | $12K | $145K | 12x | as long as short |
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP