Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.034%
Price spread now: Nado against KuCoin−0.109%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1321.325% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.068%+$7 on $10k
Price spread, last 7 days−0.358%−$36 · spread now −0.109%, 7d avg −0.020%
Together, before fees−0.290%+ Points / potential airdropNado: Active · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.089% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZROUSDTM1.17350.0100pay 0.0050% / 4h48m 31s$2.2M$2.2M50x
ShortNado ZRO-PERP1.17220.0107get 0.0013% / 1h48m 31s$1.3M$120K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against KuCoin. 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

Funding earned
$1.52
Price spread: −0.109% → −0.020%
−$8.94
Slippage, 4 orders
−$113.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$139.89
Costs to cover
1.325%
Break-even
651.2 days
Slippage from KuCoin: live order book, 1 min ago; Nado: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago6.41 bp49.9 bp −$50152.7 bp −$1,527doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago2.14 bp11.3 bp −$1127.1 bp −$271doesn't fitdoesn't fit

ZRO on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0240%1h1.1734−0.010%$4K$5K5xas long as short
Bybit ZROUSDT−0.0187%4h1.1713−0.187%$18.0M$10.4M50xas long as short
Kraken Futures PF_ZROUSD−0.0186%1h1.1692−0.368%$266K$173K25xas long as short
Variational Omni ZRO−0.0117%4h1.1676−0.499%$2.3M$570Kas long as short
Orderly PERP_ZRO_USDC−0.0040%4h1.1681−0.460%$20K$2K10xas long as short
ApeX Omni ZROUSDT−0.0008%1h1.1690−0.383%$39K$669K50xas long as short
dYdX ZRO-USD0.0000%1h1.1729−0.051%$21K$5K5xas long as short
Injective ZRO/USDC PERP+0.0033%1h1.1740+0.043%$12K$257K12xas long as short
OKX ZRO-USDT-SWAP+0.0038%4h1.1713−0.187%$3.2M$7.1M20xas long as short
BloFin ZRO-USDT+0.0082%4h1.1688−0.401%$1.0M$137K75xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZRO+0.0096%1h1.1749+0.119%$4.4M$1.1M5xas long as short
Aster ZROUSDT+0.0100%4h1.1728−0.061%$158K$117K10xas long as short
Pacifica ZRO+0.0100%1h1.1733−0.019%$136K$136K5xas long as short
Binance ZROUSDT+0.0100%4h1.1726−0.077%$21.9M$25.2M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1720−0.128%$1.3M$1.1M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1739+0.034%$9.5M$2.4M125xas long as short
KuCoin ZROUSDTMlong+0.0100%4h1.1735long leg$2.2M$2.2M50x
Bitget ZROUSDT+0.0100%4h1.1718−0.145%$2.8M$2.2M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1727−0.068%$25.0Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1705−0.256%$92K$218K20xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1728−0.060%$81K$720K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1676−0.506%$21K3xas long as short
Nado ZRO-PERPshort+0.0107%1h1.1722−0.109%$1.3M$120K5x
Hyperliquid ZRO+0.0124%1h1.1741+0.051%$37.1M$4.5M5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1686−0.421%$3K100xas long as short
Extended ZRO-USD+0.0616%1h1.1728−0.055%$798K$654K10xas long as short