ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0178%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.050%

Price spread now: Nado against dYdX−0.046%7-day average — · you buy dearer than you sell

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

Long on dYdX 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

Funding pays, the price is against you. Nado is 0.046% cheaper against dYdX than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZRO-USD	1.1601	0.0010	pay 0.0001% / 1h	38m 07s	$21K	$4K	5x
Short	Nado ZRO-PERP	1.1596	0.0188	get 0.0023% / 1h	38m 07s	$1.3M	$125K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now −0.046%Rate

Funding earned: $37.3
Price spread: −0.046% → 0.000%: −$4.64
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $15.66
Costs to cover: 0.170%
Break-even: 4.1 days

Slippage unknown: dYdX: no order-book sample; Nado: live order book, just now. 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 dYdX no order-book sample	—	—	—	—	—
Sell Nado live order book, just now	2.58 bp	11.6 bp −$12	29.2 bp −$292	doesn't fit	doesn't fit

dYdX: 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
dYdX ZRO-USDlong	+0.0010%	1h	1.1601	long leg	$21K	$4K	5x
01 Exchange ZROUSD	+0.0024%	1h	1.1607	+0.054%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDC	+0.0037%	4h	1.1598	−0.028%	$20K	$5K	10x	as long as short
Backpack ZRO_USDC_PERP	+0.0087%	1h	1.1602	+0.007%	$97K	$218K	20x	as long as short
Lighter ZRO	+0.0096%	1h	1.1617	+0.140%	$4.3M	$1.2M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1599	−0.019%	$156K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1592	−0.078%	$135K	$178K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1599	−0.020%	$21.7M	$29.8M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1588	−0.114%	$17.7M	$13.9M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1602	+0.007%	$3.1M	$7.9M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1590	−0.096%	$1.3M	$1.5M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1598	−0.028%	$19.0M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1592	−0.079%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1590	−0.096%	$2.6M	$2.6M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1593	−0.071%	—	$16.4M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1567	−0.292%	$2.2M	$811K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1570	−0.269%	$39K	$673K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1608	+0.059%	$95K	$855K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1595	−0.053%	$20K	—	3x	as long as short
BloFin ZRO-USDT	+0.0109%	4h	1.1596	−0.045%	$1.1M	$246K	75x	as long as short
Nado ZRO-PERPshort	+0.0188%	1h	1.1596	−0.046%	$1.3M	$125K	5x
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1597	−0.036%	$3K	—	100x	as long as short
Kraken Futures PF_ZROUSD	+0.0384%	1h	1.1605	+0.034%	$255K	$404K	25x	as long as short
Hyperliquid ZRO	+0.0418%	1h	1.1611	+0.085%	$36.8M	$5.5M	5x	as long as short
Injective ZRO/USDC PERP	+0.1186%	1h	1.1650	+0.421%	$12K	$260K	12x	as long as short
Extended ZRO-USD	+0.1224%	1h	1.1595	−0.052%	$776K	$590K	10x	as long as short