Funding you earn now, next payment 22:00 UTC+0.2165%/8h= +237.0% APRnext payment +$2.71 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against Nado−0.038%7-day average −0.037% · 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−$1,009as in the Price arb table
costs, in and out, $10k−$1,00910.093% of the position
Funding, last 3 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.416%−$42 · spread now −0.038%, 7d avg −0.037%
=Together, before fees−0.438%+ Points / potential airdropNado: Active · Extended: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$65 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.023% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1817 | 0.0179 | pay 0.0022% / 1h | 1m 57s | $1.3M | $130K | 5x |
| Short | Extended ZRO-USD | 1.1813 | 0.2344 | get 0.0293% / 1h | 1m 57s | $784K | $539K | 10x |
Nado ZRO-PERP
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $454.56
- Price spread: −0.038% → −0.037%
- −$0.07
- Slippage, 4 orders
- −$997.29
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$554.8
- Costs to cover
- 10.093%
- Break-even
- 15.5 days
Slippage from Nado: live order book, 2 min ago; Extended: live order book, 21 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, 2 min ago | 1.27 bp | 11.8 bp −$12 | 43.1 bp −$431 | doesn't fit | doesn't fit |
| Sell Extended live order book, 21 min ago | 12.59 bp | 29.2 bp −$29 | 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 | −0.0432% | 1h | 1.1814 | −0.028% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0055% | 4h | 1.1822 | +0.043% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0076% | 1h | 1.1814 | −0.021% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0090% | 4h | 1.1814 | −0.025% | $1.1M | $264K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1818 | +0.006% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1831 | +0.119% | $37.5M | $6.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1833 | +0.132% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1819 | +0.014% | $139K | $191K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1809 | −0.068% | $22.2M | $32.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1809 | −0.068% | $18.1M | $15.3M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1808 | −0.076% | $3.2M | $8.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | +0.026% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1815 | −0.017% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1828 | +0.093% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1813 | −0.034% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1813 | −0.034% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1826 | +0.076% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1792 | −0.212% | $2.2M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | +0.026% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1827 | +0.085% | $88K | $913K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1829 | +0.100% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPlong | +0.0179% | 1h | 1.1817 | long leg | $1.3M | $130K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1830 | +0.111% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1831 | +0.121% | $251K | $566K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1850 | +0.279% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2344% | 1h | 1.1813 | −0.038% | $784K | $539K | 10x |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP