Funding you earn now, next payment 05:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h +0.031%
Price spread now: Nado against Bitget+0.075%7-day average +0.013% · 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−$51as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 3 days (all we have)+0.060%+$6 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.075%, 7d avg +0.013%
=Together, before fees+0.056%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.062% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZROUSDT | 1.1749 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $2.7M | $2.6M | 75x |
| Short | Nado ZRO-PERP | 1.1758 | 0.0229 | get 0.0029% / 1h | 26m 25s | $1.3M | $125K | 5x |
Bitget ZROUSDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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
- $27.01
- Price spread: +0.075% → +0.013%
- $6.22
- Slippage, 4 orders
- −$38.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$24.49
- Costs to cover
- 0.577%
- Break-even
- 13.3 days
Slippage from Bitget: live order book, 1 min ago; Nado: 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 Bitget live order book, 1 min ago | 2.98 bp | 18.4 bp −$18 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 1.70 bp | 11.6 bp −$12 | 25.5 bp −$255 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0049% | 4h | 1.1758 | +0.077% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0060% | 4h | 1.1756 | +0.060% | $1.1M | $250K | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1762 | +0.112% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1758 | +0.074% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1754 | +0.043% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1746 | −0.026% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1759 | +0.085% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1750 | +0.009% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1755 | +0.051% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1757 | +0.068% | $2.4M | $2.0M | 50x | as long as short |
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTMShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZROUSDTlong | +0.0100% | 4h | 1.1749 | long leg | $2.7M | $2.6M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1754 | +0.043% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1752 | +0.026% | $98K | $222K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1759 | +0.089% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | +0.009% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1766 | +0.145% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1755 | +0.052% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0110% | 1h | 1.1754 | +0.042% | $21K | $4K | 5x | as long as short |
| Lighter ZRO | +0.0128% | 1h | 1.1780 | +0.267% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERPshort | +0.0229% | 1h | 1.1758 | +0.075% | $1.3M | $125K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1752 | +0.029% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0352% | 1h | 1.1764 | +0.124% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0461% | 1h | 1.1766 | +0.141% | $257K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0580% | 1h | 1.1772 | +0.200% | $37.4M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1136% | 1h | 1.1751 | +0.018% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1810 | +0.519% | $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
dYdX ZRO-USD
Lighter ZRO
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP