Funding you earn now, next payment 02:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.027%
Price spread now: Nado against Bitget−0.089%7-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−$73as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 7 days+0.284%+$28 · spread now −0.089%, 7d avg +0.019%
=Together, before fees+0.341%+ Points / potential airdropNado: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.108% cheaper against Bitget than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.019%). If the spread goes back, that is −$11 on $10k: about 2.8 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.057% in total) that is about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZROUSDT | 1.1702 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $2.7M | $2.4M | 75x |
| Short | Nado ZRO-PERP | 1.1692 | 0.0227 | get 0.0028% / 1h | 0m 43s | $1.3M | $124K | 5x |
Bitget ZROUSDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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
- $26.61
- Price spread: −0.089% → +0.019%
- −$10.79
- Slippage, 4 orders
- −$42.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$46.09
- Costs to cover
- 0.619%
- Break-even
- 19.1 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 2.57 bp | 21.5 bp −$21 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 1.71 bp | 10.5 bp −$10 | 27.0 bp −$270 | 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 | −0.0216% | 1h | 1.1693 | −0.079% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1711 | +0.074% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1707 | +0.043% | $20K | $5K | 10x | as long as short |
| Bybit ZROUSDT | +0.0041% | 4h | 1.1691 | −0.094% | $17.9M | $13.9M | 50x | as long as short |
| Gate ZRO_USDT | +0.0044% | 4h | 1.1710 | +0.068% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1727 | +0.217% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1723 | +0.179% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1725 | +0.197% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1707 | +0.043% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1702 | −0.003% | $21.9M | $29.7M | 75x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1699 | −0.026% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1705 | +0.026% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1707 | +0.043% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDTlong | +0.0100% | 4h | 1.1702 | long leg | $2.7M | $2.4M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1705 | +0.026% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1712 | +0.085% | $98K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1687 | −0.124% | $2.3M | $814K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | −0.103% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1703 | +0.009% | $91K | $836K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1702 | −0.004% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPshort | +0.0227% | 1h | 1.1692 | −0.089% | $1.3M | $124K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1714 | +0.102% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0371% | 1h | 1.1724 | +0.184% | $259K | $407K | 25x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1705 | +0.026% | $785K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1750 | +0.410% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP