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 23:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.021%
Price spread now: Nado against MEXC−0.266%51s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.052%+$5 on $10k
Price spread, last 7 days+0.650%+$65 · spread now −0.266%, 7d avg +0.009%
Together, before fees+0.702%+ Points / potential airdropNado: Active · farm board+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.275% cheaper against MEXC than usual: you would sell low and buy high (spread −0.266% now, against its 7-day average of +0.009%). If the spread goes back, that is −$28 on $10k: about 11 days of funding at the current rate (+$2 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.18100.0100pay 0.0050% / 4h1h 29m$19.1M$3.1M125x
ShortNado ZRO-PERP1.17790.0181get 0.0023% / 1h29m 44s$1.3M$124K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against MEXC. 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
$17.09
Price spread: −0.266% → +0.009%
−$27.52
Slippage, 4 orders
−$24.32
Fee MEXC: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$41.74
Costs to cover
0.313%
Break-even
24.1 days
Slippage from MEXC: live order book, 4 min ago; Nado: live order book, 4 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 MEXC live order book, 4 min ago0.85 bp4.6 bp −$541.6 bp −$41684.1 bp −$8,405531.8 bp −$265.9K
Sell Nado live order book, 4 min ago1.69 bp10.7 bp −$1136.0 bp −$360doesn't fitdoesn't fit

ZRO on 26 venues

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−0.0504%1h1.1798−0.102%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0040%4h1.1786−0.203%$21K$7K10xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1801−0.077%$250K$518K25xas long as short
BloFin ZRO-USDT+0.0062%4h1.1791−0.161%$1.1M$262K75xas long as short
Lighter ZRO+0.0096%1h1.1806−0.034%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1811+0.008%$37.5M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1802−0.069%$158K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1804−0.051%$137K$183K5xas long as short
Binance ZROUSDT+0.0100%4h1.1805−0.042%$22.2M$31.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1789−0.178%$18.0M$14.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1812+0.017%$3.2M$8.5M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1800−0.085%$1.3M$1.8M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1810long leg$19.1M$3.1M125x
KuCoin ZROUSDTM+0.0100%4h1.1807−0.025%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1805−0.042%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1804−0.051%$10.8Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1793−0.144%$100K$208K20xas long as short
Variational Omni ZRO+0.0100%4h1.1790−0.173%$2.3M$858Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1830+0.169%$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1793−0.144%$88K$904K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1780−0.254%$21K3xas long as short
dYdX ZRO-USD+0.0134%1h1.1800−0.085%$21K$2K5xas long as short
Nado ZRO-PERPshort+0.0181%1h1.1779−0.266%$1.3M$124K5x
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1791−0.157%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1880+0.593%$12K$218K12xas long as short
Extended ZRO-USD+0.2504%1h1.1804−0.053%$780K$541K10xas long as short