Funding you earn now, next payment 01:00 UTC+0.0140%/8h= +15.4% APRnext payment +$0.18 per $10,000 · paid last 24h +0.024%
Price spread now: Nado against Polymarket Perps−0.066%7-day average −0.049% · 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−$46as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 3 days (all we have)+0.055%+$5 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.066%, 7d avg −0.049%
=Together, before fees+0.043%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZRO-USD | 1.1753 | 0.0100 | pay 0.0013% / 1h | 51m 21s | $91K | $830K | 5x |
| Short | Nado ZRO-PERP | 1.1745 | 0.0240 | get 0.0030% / 1h | 51m 21s | $1.3M | $123K | 5x |
Polymarket Perps ZRO-USD
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Polymarket Perps. 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
- $29.49
- Price spread: −0.066% → −0.049%
- −$1.71
- Slippage, 4 orders
- −$29.23
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$16.45
- Costs to cover
- 0.442%
- Break-even
- 10.9 days
Slippage from Polymarket Perps: live order book, 47 min ago; Nado: 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 Polymarket Perps live order book, 47 min ago | 1.27 bp | 5.5 bp −$5 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 1.70 bp | 17.0 bp −$17 | 39.8 bp −$398 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | −0.0298% | 4h | 1.1740 | −0.111% | $1.3M | $1.5M | 75x | as long as short |
| 01 Exchange ZROUSD | −0.0176% | 1h | 1.1745 | −0.066% | $7K | $3K | 5x | as long as short |
| ApeX Omni ZROUSDT | −0.0065% | 1h | 1.1780 | +0.230% | $37K | $688K | 50x | as long as short |
| dYdX ZRO-USD | +0.0002% | 1h | 1.1757 | +0.032% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1749 | −0.034% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0067% | 4h | 1.1771 | +0.153% | $1.1M | $256K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1757 | +0.036% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1751 | −0.014% | $37.2M | $5.9M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1762 | +0.073% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1750 | −0.026% | $136K | $172K | 5x | as long as short |
Gate ZRO_USDT
01 Exchange ZROUSD
ApeX Omni ZROUSDT
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1747 | −0.051% | $22.1M | $30.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1738 | −0.128% | $17.9M | $14.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1744 | −0.077% | $3.2M | $8.1M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1749 | −0.034% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1747 | −0.051% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1737 | −0.136% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1743 | −0.085% | — | $10.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1734 | −0.164% | $2.3M | $874K | — | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1753 | long leg | $91K | $830K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1750 | −0.025% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPshort | +0.0240% | 1h | 1.1745 | −0.066% | $1.3M | $123K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1750 | −0.028% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1767 | +0.117% | $252K | $412K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0478% | 1h | 1.1763 | +0.085% | $99K | $205K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1800 | +0.400% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1504% | 1h | 1.1747 | −0.053% | $784K | $589K | 10x | as long as short |
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD