Funding you earn now, next payment 03:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.028%
Price spread now: Bitget against Nado−0.316%7-day average −0.018% · 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−$95as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 3 days (all we have)−0.060%−$6 on $10k
+Price spread, last 7 days+0.176%+$18 · spread now −0.316%, 7d avg −0.018%
=Together, before fees+0.117%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.298% cheaper against Nado than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1764 | 0.0193 | pay 0.0024% / 1h | 15m 54s | $1.3M | $124K | 5x |
| Short | Bitget ZROUSDT | 1.1727 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.7M | $2.5M | 75x |
Nado ZRO-PERP
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$19.49
- Price spread: −0.316% → −0.018%
- −$29.79
- Slippage, 4 orders
- −$45.87
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.15
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; Bitget: live order book, 2 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, 3 min ago | 1.70 bp | 12.3 bp −$12 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.40 bp | 20.9 bp −$21 | 43.7 bp −$437 | 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 | −0.0288% | 1h | 1.1759 | −0.048% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0035% | 1h | 1.1764 | −0.003% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1755 | −0.077% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0075% | 4h | 1.1764 | −0.001% | $1.1M | $250K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1767 | +0.026% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1768 | +0.030% | $158K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1765 | +0.008% | $137K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1751 | −0.111% | $22.0M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1736 | −0.239% | $17.9M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1744 | −0.171% | $3.2M | $8.0M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1750 | −0.120% | $1.4M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1748 | −0.137% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1758 | −0.052% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1727 | −0.316% | $2.7M | $2.5M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1752 | −0.103% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1756 | −0.069% | $97K | $195K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1745 | −0.161% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | −0.120% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1764 | −0.001% | $99K | $846K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1751 | −0.114% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPlong | +0.0193% | 1h | 1.1764 | long leg | $1.3M | $124K | 5x | |
| Kraken Futures PF_ZROUSD | +0.0197% | 1h | 1.1764 | +0.001% | $259K | $407K | 25x | as long as short |
| Hyperliquid ZRO | +0.0204% | 1h | 1.1769 | +0.042% | $37.3M | $5.5M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1762 | −0.019% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0712% | 1h | 1.1747 | −0.149% | $784K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1830 | +0.560% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP