Funding you earn now, next payment 23:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.020%
Price spread now: Nado against Gate+0.003%7-day average −0.016% · 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−$73as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 7 days+0.310%+$31 · spread now +0.003%, 7d avg −0.016%
=Together, before fees+0.360%+ Points / potential airdropNado: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1810 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $1.3M | $1.8M | 75x |
| Short | Nado ZRO-PERP | 1.1810 | 0.0135 | get 0.0017% / 1h | 58m 43s | $1.3M | $129K | 5x |
Gate ZRO_USDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Gate. 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
- $7.3
- Price spread: +0.003% → −0.016%
- $1.87
- Slippage, 4 orders
- −$52.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$65.3
- Costs to cover
- 0.745%
- Break-even
- 69.6 days
Slippage from Gate: live order book, 4 min ago; Nado: live order book, 5 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 Gate live order book, 4 min ago | 4.23 bp | 29.5 bp −$29 | 60.3 bp −$603 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 1.27 bp | 8.4 bp −$8 | 27.2 bp −$272 | 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 | −0.0576% | 1h | 1.1790 | −0.173% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0057% | 4h | 1.1811 | +0.008% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1816 | +0.050% | $21K | $2K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1807 | −0.025% | $250K | $566K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1802 | −0.065% | $4.5M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1818 | +0.068% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1801 | −0.074% | $138K | $190K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1801 | −0.075% | $22.2M | $32.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1792 | −0.152% | $18.0M | $15.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1794 | −0.135% | $3.2M | $8.7M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Kraken Futures PF_ZROUSD
Lighter 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_USDTlong | +0.0100% | 4h | 1.1810 | long leg | $1.3M | $1.8M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1800 | −0.085% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1815 | +0.042% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1812 | +0.017% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1802 | −0.068% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1814 | +0.034% | $95K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1806 | −0.037% | $2.3M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | 0.000% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1821 | +0.093% | $88K | $911K | 5x | as long as short |
| Hyperliquid ZRO | +0.0101% | 1h | 1.1816 | +0.051% | $37.5M | $6.4M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1805 | −0.042% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPshort | +0.0135% | 1h | 1.1810 | +0.003% | $1.3M | $129K | 5x | |
| BloFin ZRO-USDT | +0.0139% | 4h | 1.1797 | −0.110% | $1.1M | $262K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2416% | 1h | 1.1820 | +0.087% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1840 | +0.254% | $12K | $196K | 12x | as long as short |
| Extended ZRO-USD | +0.2192% | 1h | 1.1799 | −0.093% | $784K | $539K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Hyperliquid ZRO
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD