Funding you earn now, next payment 05:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h −0.051%
Price spread now: dYdX against Nado−0.124%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.124% cheaper against Nado than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1648 | 0.0207 | pay 0.0026% / 1h | 1m 33s | $1.3M | $124K | 5x |
| Short | dYdX ZRO-USD | 1.1633 | 0.0125 | get 0.0016% / 1h | 1m 33s | $21K | $4K | 5x |
Nado ZRO-PERP
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$17.2
- Price spread: −0.124% → 0.000%
- −$12.45
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$46.65
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 2 min ago; dYdX: no order-book sample. Net counts fees only.
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, 2 min ago | 2.14 bp | 11.3 bp −$11 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0055% | 4h | 1.1657 | +0.080% | $20K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1651 | +0.024% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1633 | −0.124% | $135K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1649 | +0.013% | $21.8M | $29.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1645 | −0.023% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1650 | +0.020% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1630 | −0.152% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1644 | −0.032% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1617 | −0.263% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1640 | −0.066% | $2.7M | $2.6M | 75x | as long as short |
Orderly PERP_ZRO_USDC
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | +0.0100% | 4h | 1.1647 | −0.006% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1645 | −0.023% | $93K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1698 | +0.436% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.363% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1666 | +0.157% | $99K | $832K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1647 | −0.008% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0114% | 4h | 1.1685 | +0.320% | $1.1M | $248K | 75x | as long as short |
| Lighter ZRO | +0.0120% | 1h | 1.1654 | +0.055% | $4.3M | $1.2M | 5x | as long as short |
| dYdX ZRO-USDshort | +0.0125% | 1h | 1.1633 | −0.124% | $21K | $4K | 5x | |
| Nado ZRO-PERPlong | +0.0207% | 1h | 1.1648 | long leg | $1.3M | $124K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1659 | +0.097% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0320% | 1h | 1.1658 | +0.089% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0465% | 1h | 1.1663 | +0.128% | $254K | $356K | 25x | as long as short |
| Hyperliquid ZRO | +0.0465% | 1h | 1.1635 | −0.109% | $36.9M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1008% | 1h | 1.1648 | −0.001% | $800K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1770 | +1.050% | $12K | $261K | 12x | as long as short |
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Lighter ZRO
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP