Funding you earn now, next payment 07:00 UTC+0.0197%/8h= +21.5% APRpaid last 24h +0.028%
Price spread now: Nado against BloFin+0.110%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 3 days (all we have)+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.110%, 7d avg +0.020%
=Together, before fees+0.062%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.090% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.055% in total (about 5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRO-USDT | 1.1648 | 0.0069 | pay 0.0034% / 4h | 1h 33m | $1.0M | $201K | 75x |
| Short | Nado ZRO-PERP | 1.1661 | 0.0265 | get 0.0033% / 1h | 33m 04s | $1.3M | $127K | 5x |
BloFin ZRO-USDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BloFin. 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
- $41.3
- Price spread: +0.110% → +0.020%
- $9.02
- Slippage, 4 orders
- −$33.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$2.58
- Costs to cover
- 0.529%
- Break-even
- 7.4 days
Slippage from BloFin: live order book, 4 min ago; Nado: live order book, just now.
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 BloFin live order book, 4 min ago | 0.43 bp | 20.2 bp −$20 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell Nado live order book, just now | 2.57 bp | 12.6 bp −$13 | 29.1 bp −$291 | 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 | 0.0000% | 1h | 1.1666 | +0.159% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0047% | 1h | 1.1660 | +0.104% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDTlong | +0.0069% | 4h | 1.1648 | long leg | $1.0M | $201K | 75x | |
| Orderly PERP_ZRO_USDC | +0.0091% | 4h | 1.1657 | +0.077% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1681 | +0.281% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1671 | +0.197% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1666 | +0.154% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1655 | +0.060% | $137K | $172K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1660 | +0.103% | $21.8M | $29.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1655 | +0.060% | $17.9M | $13.4M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
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 | 1.1663 | +0.129% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | +0.017% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1659 | +0.094% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1658 | +0.086% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1655 | +0.060% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1658 | +0.086% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1666 | +0.155% | $95K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1635 | −0.112% | $2.3M | $800K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1670 | +0.189% | $39K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1667 | +0.163% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1655 | +0.059% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPshort | +0.0265% | 1h | 1.1661 | +0.110% | $1.3M | $127K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1659 | +0.097% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0515% | 1h | 1.1669 | +0.178% | $253K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0656% | 1h | 1.1656 | +0.065% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1700 | +0.446% | $12K | $261K | 12x | 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
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