Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.034%
Price spread now: BingX against Nado−0.024%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 7 days+0.273%+$27 · spread now −0.024%, 7d avg 0.000%
=Together, before fees+0.205%+ Points / potential airdropNado: Active · farm board+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.025% cheaper against Nado than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1670 | 0.0100 | pay 0.0012% / 1h | 12m 58s | $1.3M | $125K | 5x |
| Short | BingX ZRO-USDT | 1.1667 | 0.0100 | get 0.0050% / 4h | 12m 58s | — | $21.7M | — |
Nado ZRO-PERP
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0
- Price spread: −0.024% → 0.000%
- −$2.47
- Slippage, 4 orders
- −$22.3
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.77
- Costs to cover
- 0.393%
- Break-even
- 4291876473905057.5 days
Slippage from Nado: live order book, 1 min ago; BingX: live order book, 6 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, 1 min ago | 2.57 bp | 10.4 bp −$10 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.15 bp | 9.4 bp −$9 | 12.9 bp −$129 | 25.1 bp −$2,507 | 49.0 bp −$24.5K |
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 | +0.0006% | 1h | 1.1676 | +0.051% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0016% | 1h | 1.1676 | +0.048% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0085% | 4h | 1.1676 | +0.053% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1688 | +0.157% | $4.3M | $1.2M | 5x | as long as short |
| Nado ZRO-PERPlong | +0.0100% | 1h | 1.1670 | long leg | $1.3M | $125K | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1678 | +0.070% | $37.0M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1666 | −0.036% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1672 | +0.020% | $137K | $165K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1666 | −0.036% | $21.8M | $28.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1656 | −0.119% | $17.8M | $13.0M | 50x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1662 | −0.067% | $3.2M | $7.6M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1660 | −0.084% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1667 | −0.024% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1664 | −0.050% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1658 | −0.102% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1667 | −0.024% | — | $21.7M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1669 | −0.007% | $94K | $213K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1620 | −0.430% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1630 | −0.341% | $39K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1677 | +0.061% | $99K | $811K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1670 | +0.002% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0131% | 4h | 1.1673 | +0.027% | $1.0M | $198K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1641 | −0.244% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0431% | 1h | 1.1682 | +0.100% | $254K | $294K | 25x | as long as short |
| Extended ZRO-USD | +0.0520% | 1h | 1.1666 | −0.030% | $797K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1271% | 1h | 1.1710 | +0.344% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP