Funding you earn now, next payment 05:00 UTC+0.0123%/8h= +13.4% APRpaid last 24h +0.031%
Price spread now: Nado against Bybit+0.014%7-day average +0.022% · 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−$57as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 3 days (all we have)+0.063%+$6 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now +0.014%, 7d avg +0.022%
=Together, before fees+0.168%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1771 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $18.0M | $13.9M | 50x |
| Short | Nado ZRO-PERP | 1.1773 | 0.0223 | get 0.0028% / 1h | 44m 43s | $1.3M | $124K | 5x |
Bybit ZROUSDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- $25.73
- Price spread: +0.014% → +0.022%
- −$0.8
- Slippage, 4 orders
- −$38.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$31.44
- Costs to cover
- 0.564%
- Break-even
- 15.6 days
Slippage from Bybit: live order book, 4 min ago; Nado: live order book, 4 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 Bybit live order book, 4 min ago | 2.13 bp | 17.6 bp −$18 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 2.12 bp | 10.8 bp −$11 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0031% | 1h | 1.1777 | +0.055% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0047% | 4h | 1.1779 | +0.068% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0055% | 4h | 1.1772 | +0.008% | $1.1M | $250K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1795 | +0.207% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1780 | +0.073% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1774 | +0.023% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1779 | +0.068% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1771 | long leg | $18.0M | $13.9M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1777 | +0.051% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.093% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1774 | +0.025% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1766 | −0.042% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1774 | +0.025% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1775 | +0.034% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1770 | −0.009% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.008% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1777 | +0.051% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1775 | +0.034% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0114% | 1h | 1.1774 | +0.025% | $98K | $220K | 20x | as long as short |
| Nado ZRO-PERPshort | +0.0223% | 1h | 1.1773 | +0.014% | $1.3M | $124K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1776 | +0.043% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0296% | 1h | 1.1782 | +0.093% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1785 | +0.122% | $259K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0502% | 1h | 1.1795 | +0.204% | $37.4M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1775 | +0.032% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1820 | +0.416% | $12K | $261K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP