Funding you earn now, next payment 22:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.020%
Price spread now: Aster against Nado+0.106%48s7-day average +0.033% · 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—prices read too far apart to compare
costs, in and out, $10k−$1001.002% of the position
Funding, last 3 days (all we have)−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−0.382%−$38 · spread now +0.106%, 7d avg +0.033%
=Together, before fees−0.430%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.073% dearer against Nado than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.033%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 3 days (−0.048% in total) that is about 4.8 days. The two prices were read 48 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 | Nado ZRO-PERP | 1.1746 | 0.0227 | pay 0.0028% / 1h | 49m 45s | $1.3M | $131K | 5x |
| Short | Aster ZROUSDT | 1.1759 | 0.0100 | get 0.0050% / 4h | 2h 49m | $157K | $162K | 10x |
Nado ZRO-PERP
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Nado. 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
- −$26.61
- Price spread: +0.106% → +0.033%
- $7.33
- Slippage, 4 orders
- −$85.2
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$119.49
- Costs to cover
- 1.002%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Aster: live order book, 36 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 Nado live order book, 4 min ago | 2.12 bp | 8.8 bp −$9 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell Aster live order book, 36 min ago | 3.81 bp | 30.3 bp −$30 | doesn't fit | 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 | −0.0224% | 1h | 1.1730 | −0.142% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0069% | 4h | 1.1746 | −0.004% | $18.0M | $16.3M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0039% | 4h | 1.1749 | +0.022% | $21K | $7K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0004% | 4h | 1.1750 | +0.030% | $3.2M | $9.2M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1761 | +0.120% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1764 | +0.149% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.267% | $2.2M | $893K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1772 | +0.218% | $37.4M | $7.1M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1759 | +0.106% | $157K | $162K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1755 | +0.071% | $143K | $197K | 5x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
Lighter ZRO
Variational Omni ZRO
Hyperliquid ZRO
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1755 | +0.076% | $22.3M | $34.4M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.055% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1754 | +0.064% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1747 | +0.005% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1748 | +0.013% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1750 | +0.030% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1753 | +0.056% | $92K | $209K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.201% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1755 | +0.073% | $86K | $1.0M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1758 | +0.098% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0157% | 4h | 1.1738 | −0.072% | $1.1M | $264K | 75x | as long as short |
| Nado ZRO-PERPlong | +0.0227% | 1h | 1.1746 | long leg | $1.3M | $131K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1753 | +0.052% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0319% | 1h | 1.1750 | +0.029% | $249K | $575K | 25x | as long as short |
| Extended ZRO-USD | +0.0816% | 1h | 1.1746 | −0.004% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1790 | +0.371% | $12K | $145K | 12x | as long as short |
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
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP