Funding you earn now, next payment 11:00 UTC+0.0317%/8h= +34.7% APRnext payment +$0.40 per $10,000 · paid last 24h +0.103%
Price spread now: Nado against 01 Exchange+0.110%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Nado is 0.110% dearer against 01 Exchange than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1769 | −0.0112 | get 0.0014% / 1h | 48m 36s | $4K | $5K | 5x |
| Short | Nado ZRO-PERP | 1.1782 | 0.0205 | get 0.0026% / 1h | 48m 36s | $1.3M | $121K | 5x |
01 Exchange ZROUSD
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against 01 Exchange. 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
- $66.59
- Price spread: +0.110% → 0.000%
- $11.02
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $63.61
- Costs to cover
- 0.140%
- Break-even
- 0.3 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 3 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 3 min ago | 2.54 bp | 10.9 bp −$11 | 29.1 bp −$291 | doesn't fit | doesn't fit |
01 Exchange: 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 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 | −0.079% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0530% | 1h | 1.1805 | +0.300% | $269K | $211K | 25x | as long as short |
| 01 Exchange ZROUSDlong | −0.0112% | 1h | 1.1769 | long leg | $4K | $5K | 5x | |
| Bybit ZROUSDT | −0.0100% | 4h | 1.1763 | −0.054% | $18.0M | $11.7M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0022% | 4h | 1.1793 | +0.201% | $20K | $2K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0003% | 4h | 1.1775 | +0.048% | $3.2M | $7.4M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1792 | +0.197% | $21K | $5K | 5x | as long as short |
| Variational Omni ZRO | +0.0083% | 4h | 1.1785 | +0.138% | $2.3M | $732K | — | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1802 | +0.280% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1789 | +0.167% | $37.3M | $5.0M | 5x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
Variational Omni ZRO
Lighter ZRO
Hyperliquid ZROShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZROUSDT | +0.0100% | 4h | 1.1785 | +0.137% | $159K | $124K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1786 | +0.138% | $136K | $142K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1770 | +0.006% | $22.0M | $26.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1790 | +0.176% | $1.3M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1779 | +0.082% | $9.5M | $2.4M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1795 | +0.218% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1771 | +0.014% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1783 | +0.116% | — | $25.2M | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.346% | $40K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1786 | +0.142% | $100K | $728K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1794 | +0.206% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0139% | 4h | 1.1797 | +0.235% | $1.1M | $142K | 75x | as long as short |
| Nado ZRO-PERPshort | +0.0205% | 1h | 1.1782 | +0.110% | $1.3M | $121K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1834 | +0.553% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0400% | 1h | 1.1784 | +0.125% | $802K | $654K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0568% | 1h | 1.1798 | +0.244% | $93K | $215K | 20x | as long as short |
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
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