Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0199%/8h= −21.8% APRnext payment $0.25 per $10,000 · paid last 24h −0.048%
Price spread now: dYdX against Nado+0.159%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.159% dearer against Nado than usual: you sell high and buy low (spread +0.159% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZRO-PERP1.16690.0199pay 0.0025% / 1h27m 18s$1.3M$125K5x
ShortdYdX ZRO-USD1.16880get 0.0000% / 1h27m 18s$21K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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

Funding earned
−$41.74
Price spread: +0.159% → 0.000%
$15.95
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.79
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 1 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 1 min ago2.14 bp11.1 bp −$1143.8 bp −$438doesn't fitdoesn't fit
Sell dYdX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0424%1h1.1674+0.043%$7K$3K5xas long as short
dYdX ZRO-USDshort0.0000%1h1.1688+0.159%$21K$3K5x
Orderly PERP_ZRO_USDC+0.0035%4h1.1662−0.060%$20K$5K10xas long as short
Bybit ZROUSDT+0.0050%4h1.1659−0.086%$17.8M$14.0M50xas long as short
Gate ZRO_USDT+0.0054%4h1.1680+0.094%$1.3M$1.5M75xas long as short
BloFin ZRO-USDT+0.0058%4h1.1683+0.120%$1.1M$248K75xas long as short
Lighter ZRO+0.0096%1h1.1683+0.119%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1688+0.162%$37.0M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1684+0.129%$157K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1684+0.132%$136K$176K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZROUSDT+0.0100%4h1.1667−0.018%$21.8M$29.9M75xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1668−0.009%$3.2M$7.9M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1676+0.060%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1690+0.180%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1661−0.069%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.16690.000%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1692+0.197%$94K$195K20xas long as short
Variational Omni ZRO+0.0100%4h1.1727+0.497%$2.3M$811Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1740+0.608%$39K$672K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1682+0.111%$99K$849K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1660−0.078%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0198%1h1.1681+0.104%$257K$407K25xas long as short
Nado ZRO-PERPlong+0.0199%1h1.1669long leg$1.3M$125K5x
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1665−0.032%$3K100xas long as short
Extended ZRO-USD+0.0608%1h1.1662−0.057%$780K$591K10xas long as short
Injective ZRO/USDC PERP+0.1102%1h1.1750+0.694%$12K$260K12xas long as short