Funding you earn now, next payment 11:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.035%
Price spread now: Nado against ApeX Omni−0.235%61s7-day average −0.019% · 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−$670.666% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.235%, 7d avg −0.019%
=Together, before fees+0.217%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.216% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.019%). If the spread goes back, that is −$22 on $10k: about 6.8 days of funding at the current rate (+$3 a day). The two prices were read 61 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 | ApeX Omni ZROUSDT | 1.1810 | 0.0100 | pay 0.0013% / 1h | 48m 20s | $40K | $670K | 50x |
| Short | Nado ZRO-PERP | 1.1782 | 0.0205 | get 0.0026% / 1h | 48m 20s | $1.3M | $121K | 5x |
ApeX Omni ZROUSDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX Omni. 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
- $22.07
- Price spread: −0.235% → −0.019%
- −$21.58
- Slippage, 4 orders
- −$49.61
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$66.13
- Costs to cover
- 0.666%
- Break-even
- 28.0 days
Slippage from ApeX Omni: live order book, 63 min ago; Nado: live order book, 3 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 ApeX Omni live order book, 63 min ago | 12.73 bp | 21.4 bp −$21 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
| 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 |
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 | −0.423% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0531% | 1h | 1.1791 | −0.157% | $268K | $211K | 25x | as long as short |
| 01 Exchange ZROUSD | −0.0112% | 1h | 1.1769 | −0.345% | $4K | $5K | 5x | as long as short |
| Bybit ZROUSDT | −0.0100% | 4h | 1.1772 | −0.322% | $18.1M | $11.7M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0023% | 4h | 1.1785 | −0.212% | $20K | $2K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0001% | 4h | 1.1782 | −0.237% | $3.2M | $7.4M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1792 | −0.149% | $21K | $5K | 5x | as long as short |
| Variational Omni ZRO | +0.0083% | 4h | 1.1785 | −0.207% | $2.3M | $732K | — | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1802 | −0.066% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1789 | −0.178% | $37.3M | $5.0M | 5x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
01 Exchange 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 | 1.1787 | −0.192% | $159K | $124K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1786 | −0.207% | $136K | $142K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1781 | −0.246% | $22.0M | $26.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | −0.254% | $1.3M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1772 | −0.322% | $9.5M | $2.4M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1786 | −0.203% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1781 | −0.246% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1779 | −0.262% | — | $25.2M | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1810 | long leg | $40K | $670K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1786 | −0.203% | $100K | $728K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1780 | −0.254% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0139% | 4h | 1.1797 | −0.110% | $1.1M | $142K | 75x | as long as short |
| Nado ZRO-PERPshort | +0.0205% | 1h | 1.1782 | −0.235% | $1.3M | $121K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1834 | +0.206% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0408% | 1h | 1.1784 | −0.224% | $802K | $654K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0568% | 1h | 1.1798 | −0.102% | $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
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP