ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0123%/8h= −13.5% APRnext payment −$0.15 per $10,000 · paid last 24h +0.102%

Price spread now: Nado against 01 Exchange+0.039%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.039% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ZROUSD	1.1700	0.0336	pay 0.0042% / 1h	9m 28s	$7K	$3K	5x
Short	Nado ZRO-PERP	1.1704	0.0213	get 0.0027% / 1h	9m 28s	$1.3M	$124K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against 01 Exchange. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee NadobpOrdersPrice spread, now +0.039%Rate

Funding earned: −$25.86
Price spread: +0.039% → 0.000%: $3.86
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$36
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 4 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Nado live order book, 4 min ago	2.13 bp	11.8 bp −$12	27.8 bp −$278	doesn't fit	doesn't fit

01 Exchange: 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	+0.0051%	4h	1.1690	−0.084%	$20K	$5K	10x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1705	+0.041%	$158K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1707	+0.060%	$136K	$178K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1687	−0.109%	$21.9M	$29.4M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1685	−0.126%	$17.9M	$13.6M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1689	−0.092%	$3.2M	$7.9M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1690	−0.084%	$1.3M	$1.5M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1694	−0.050%	$19.2M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1702	+0.019%	$2.3M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1691	−0.075%	$2.7M	$2.5M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZRO-USDT	+0.0100%	4h	1.1689	−0.092%	—	$16.6M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1701	+0.010%	$96K	$221K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1715	+0.133%	$2.3M	$809K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1760	+0.515%	$39K	$677K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1703	+0.027%	$99K	$844K	5x	as long as short
Lighter ZRO	+0.0104%	1h	1.1732	+0.275%	$4.4M	$1.2M	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1690	−0.084%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0126%	4h	1.1729	+0.250%	$1.1M	$250K	75x	as long as short
dYdX ZRO-USD	+0.0133%	1h	1.1699	−0.008%	$21K	$4K	5x	as long as short
Nado ZRO-PERPshort	+0.0213%	1h	1.1704	+0.039%	$1.3M	$124K	5x
GMX ZRO/USD [ETH-USDC]	L +0.0293% / S −0.2341%	1h	1.1688	−0.098%	$3K	—	100x	as long as short
01 Exchange ZROUSDlong	+0.0336%	1h	1.1700	long leg	$7K	$3K	5x
Kraken Futures PF_ZROUSD	+0.0463%	1h	1.1713	+0.115%	$256K	$355K	25x	as long as short
Hyperliquid ZRO	+0.0535%	1h	1.1713	+0.113%	$37.2M	$5.5M	5x	as long as short
Extended ZRO-USD	+0.1040%	1h	1.1694	−0.053%	$804K	$625K	10x	as long as short
Injective ZRO/USDC PERP	+0.1363%	1h	1.1800	+0.856%	$12K	$261K	12x	as long as short