Funding you earn now, next payment 11:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.034%
Price spread now: Bitget against Nado+0.013%7-day average −0.013% · 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−$56as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 4 days (all we have)−0.065%−$7 on $10k
+Price spread, last 7 days+0.291%+$29 · spread now +0.013%, 7d avg −0.013%
=Together, before fees+0.225%+ Points / potential airdropNado: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.026% dearer against Nado than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.013%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 4 days (−0.065% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1839 | 0.0274 | pay 0.0034% / 1h | 55m 14s | $1.4M | $121K | 5x |
| Short | Bitget ZROUSDT | 1.1841 | 0.0100 | get 0.0050% / 4h | 1h 55m | $2.8M | $2.3M | 75x |
Nado ZRO-PERP
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$36.57
- Price spread: +0.013% → −0.013%
- $2.64
- Slippage, 4 orders
- −$39.84
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.76
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from Nado: live order book, 1 min ago; Bitget: 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 Nado live order book, 1 min ago | 2.11 bp | 10.2 bp −$10 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.80 bp | 19.8 bp −$20 | 47.0 bp −$470 | doesn't fit | doesn't fit |
ZRO on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERP | −0.0774% | 1h | 1.1760 | −0.671% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0529% | 1h | 1.1838 | −0.011% | $269K | $211K | 25x | as long as short |
| 01 Exchange ZROUSD | −0.0040% | 1h | 1.1835 | −0.036% | $4K | $5K | 5x | as long as short |
| Bybit ZROUSDT | −0.0036% | 4h | 1.1823 | −0.139% | $18.1M | $11.7M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0020% | 4h | 1.1836 | −0.029% | $20K | $2K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1837 | −0.022% | $21K | $5K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0010% | 4h | 1.1832 | −0.063% | $3.2M | $7.5M | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1854 | +0.126% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1848 | +0.073% | $37.5M | $5.0M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1844 | +0.037% | $160K | $124K | 10x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
01 Exchange ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.0100% | 1h | 1.1832 | −0.063% | $137K | $143K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1833 | −0.054% | $22.1M | $26.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | −0.079% | $1.4M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1834 | −0.046% | $9.5M | $2.4M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1840 | +0.005% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1841 | +0.013% | $2.8M | $2.3M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1833 | −0.054% | — | $25.2M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1817 | −0.189% | $2.3M | $733K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | −0.164% | $40K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1836 | −0.029% | $101K | $728K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1835 | −0.037% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0142% | 4h | 1.1832 | −0.063% | $1.0M | $142K | 75x | as long as short |
| Nado ZRO-PERPlong | +0.0274% | 1h | 1.1839 | long leg | $1.4M | $121K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1840 | +0.006% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0336% | 1h | 1.1836 | −0.025% | $807K | $650K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0781% | 1h | 1.1838 | −0.012% | $94K | $215K | 20x | as long as short |
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP