Funding you earn now, next payment 04:00 UTC−0.0102%/8h= −11.1% APRpaid last 24h −0.030%
Price spread now: Aster against Nado+0.121%7-day average +0.039% · 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−$94as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 3 days (all we have)−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.564%−$56 · spread now +0.121%, 7d avg +0.039%
=Together, before fees−0.626%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board−$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.081% dearer against Nado than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.039%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1709 | 0.0202 | pay 0.0025% / 1h | 20m 00s | $1.3M | $124K | 5x |
| Short | Aster ZROUSDT | 1.1724 | 0.0100 | get 0.0050% / 4h | 20m 00s | $158K | $151K | 10x |
Nado ZRO-PERP
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Nado. 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
- −$21.33
- Price spread: +0.121% → +0.039%
- $8.15
- Slippage, 4 orders
- −$87.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$115.21
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Aster: live order book, 36 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 Nado live order book, 4 min ago | 2.13 bp | 10.8 bp −$11 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Aster live order book, 36 min ago | 3.85 bp | 30.8 bp −$31 | doesn't fit | 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 | +0.0017% | 1h | 1.1716 | +0.057% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1712 | +0.022% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1732 | +0.192% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1724 | +0.121% | $158K | $151K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1720 | +0.090% | $136K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1714 | +0.035% | $22.0M | $29.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1703 | −0.055% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1714 | +0.039% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1710 | +0.005% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1716 | +0.056% | $19.2M | $2.7M | 125x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1723 | +0.116% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1711 | +0.013% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1713 | +0.030% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1715 | +0.047% | $96K | $217K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1699 | −0.091% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1760 | +0.432% | $39K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1716 | +0.056% | $100K | $851K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0104% | 1h | 1.1722 | +0.110% | $7K | $3K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1710 | +0.005% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0140% | 4h | 1.1716 | +0.056% | $1.1M | $249K | 75x | as long as short |
| Nado ZRO-PERPlong | +0.0202% | 1h | 1.1709 | long leg | $1.3M | $124K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1711 | +0.012% | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | +0.0350% | 1h | 1.1727 | +0.150% | $37.1M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0380% | 1h | 1.1725 | +0.129% | $258K | $398K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1770 | +0.517% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1192% | 1h | 1.1709 | −0.008% | $784K | $589K | 10x | as long as short |
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD