Funding you earn now, next payment 07:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.033%
Price spread now: Polymarket Perps against Nado+0.115%7-day average +0.051% · 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−$34as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.115%, 7d avg +0.051%
=Together, before fees−0.109%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.063% dearer against Nado than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.051%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 3 days (−0.066% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1637 | 0.0252 | pay 0.0031% / 1h | 36m 04s | $1.3M | $127K | 5x |
| Short | Polymarket Perps ZRO-USD | 1.1650 | 0.0100 | get 0.0013% / 1h | 36m 04s | $99K | $817K | 5x |
Nado ZRO-PERP
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$31.88
- Price spread: +0.115% → +0.051%
- $6.34
- Slippage, 4 orders
- −$25.6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$66.14
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; Polymarket Perps: live order book, 32 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 | 2.14 bp | 11.8 bp −$12 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 32 min ago | 3.83 bp | 7.8 bp −$8 | 9.8 bp −$98 | 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 | −0.0008% | 1h | 1.1653 | +0.137% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0053% | 1h | 1.1660 | +0.202% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0091% | 4h | 1.1645 | +0.072% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1663 | +0.223% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1654 | +0.147% | $36.9M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1656 | +0.163% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1654 | +0.147% | $137K | $172K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1649 | +0.106% | $21.8M | $29.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1641 | +0.037% | $17.8M | $13.4M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1647 | +0.089% | $3.2M | $7.7M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid 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 | 1.1640 | +0.029% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1642 | +0.046% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1656 | +0.166% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1646 | +0.080% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1644 | +0.063% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1647 | +0.089% | $95K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1670 | +0.286% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | +0.373% | $39K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1650 | +0.115% | $99K | $817K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1643 | +0.054% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0106% | 4h | 1.1667 | +0.261% | $1.0M | $202K | 75x | as long as short |
| Nado ZRO-PERPlong | +0.0252% | 1h | 1.1637 | long leg | $1.3M | $127K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1645 | +0.068% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0516% | 1h | 1.1658 | +0.184% | $253K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0672% | 1h | 1.1643 | +0.053% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1710 | +0.630% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP