Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.027%
Price spread now: Gate against Nado−0.379%50s7-day average +0.023% · 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—prices read too far apart to compare
costs, in and out, $10k−$780.782% of the position
Funding, last 3 days (all we have)−0.057%−$6 on $10k
+Price spread, last 7 days+0.194%+$19 · spread now −0.379%, 7d avg +0.023%
=Together, before fees+0.137%+ Points / potential airdropNado: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.401% cheaper against Nado than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1724 | 0.0100 | pay 0.0012% / 1h | 55m 38s | $1.3M | $124K | 5x |
| Short | Gate ZRO_USDT | 1.1680 | 0.0032 | get 0.0016% / 4h | 1h 55m | $1.3M | $1.5M | 75x |
Nado ZRO-PERP
Gate ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$14.28
- Price spread: −0.379% → +0.023%
- −$40.1
- Slippage, 4 orders
- −$56.23
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$132.61
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago | 2.56 bp | 12.3 bp −$12 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.29 bp | 30.3 bp −$30 | 69.5 bp −$695 | doesn't fit | doesn't fit |
ZRO on 25 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 | −0.0512% | 1h | 1.1686 | −0.326% | $7K | $3K | 5x | as long as short |
| ApeX Omni ZROUSDT | −0.0341% | 1h | 1.1650 | −0.634% | $39K | $675K | 50x | as long as short |
| Bybit ZROUSDT | −0.0023% | 4h | 1.1678 | −0.396% | $17.9M | $13.9M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1702 | −0.191% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDTshort | +0.0032% | 4h | 1.1680 | −0.379% | $1.3M | $1.5M | 75x | |
| Orderly PERP_ZRO_USDC | +0.0034% | 4h | 1.1729 | +0.039% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1709 | −0.129% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERPlong | +0.0100% | 1h | 1.1724 | long leg | $1.3M | $124K | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1707 | −0.148% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1706 | −0.153% | $158K | $150K | 10x | as long as short |
01 Exchange ZROUSD
ApeX Omni ZROUSDT
Bybit ZROUSDT
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.0100% | 1h | 1.1688 | −0.310% | $136K | $169K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1685 | −0.332% | $21.9M | $29.6M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1684 | −0.344% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1683 | −0.353% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1693 | −0.268% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1680 | −0.379% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1684 | −0.344% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1726 | +0.014% | $95K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1720 | −0.037% | $2.3M | $813K | — | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1740 | +0.133% | $92K | $834K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1715 | −0.080% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0197% | 1h | 1.1741 | +0.138% | $259K | $406K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1739 | +0.128% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0976% | 1h | 1.1684 | −0.346% | $785K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1700 | −0.208% | $12K | $260K | 12x | as long as short |
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP