Funding you earn now, next payment 01:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.024%
Price spread now: Nado against MEXC+0.123%51s7-day average +0.001% · you sell dearer than you buy
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−$340.343% of the position
Funding, last 3 days (all we have)+0.053%+$5 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.123%, 7d avg +0.001%
=Together, before fees+0.082%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.121% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.053% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1733 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $19.1M | $2.7M | 125x |
| Short | Nado ZRO-PERP | 1.1747 | 0.0302 | get 0.0038% / 1h | 0m 49s | $1.3M | $126K | 5x |
MEXC ZRO_USDT
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against MEXC. 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
- $42.34
- Price spread: +0.123% → +0.001%
- $12.13
- Slippage, 4 orders
- −$27.29
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $20.18
- Costs to cover
- 0.343%
- Break-even
- 3.7 days
Slippage from MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 0.42 bp | 8.0 bp −$8 | 43.1 bp −$431 | 79.8 bp −$7,977 | 433.2 bp −$216.6K |
| Sell Nado live order book, 3 min ago | 1.69 bp | 11.3 bp −$11 | 36.1 bp −$361 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0136% | 1h | 1.1729 | −0.034% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0007% | 4h | 1.1734 | +0.009% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1760 | +0.227% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1753 | +0.170% | $37.2M | $5.6M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1747 | +0.117% | $157K | $148K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1735 | +0.017% | $136K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1731 | −0.018% | $22.0M | $30.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1731 | −0.017% | $18.0M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1731 | −0.017% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | −0.026% | $1.3M | $1.5M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1733 | long leg | $19.1M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1744 | +0.094% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1737 | +0.034% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1732 | −0.009% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1729 | −0.030% | $2.3M | $841K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | +0.571% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1746 | +0.111% | $92K | $845K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1748 | +0.127% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0159% | 4h | 1.1732 | −0.009% | $1.1M | $255K | 75x | as long as short |
| dYdX ZRO-USD | +0.0166% | 1h | 1.1749 | +0.136% | $21K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1743 | +0.084% | $3K | — | 100x | as long as short |
| Nado ZRO-PERPshort | +0.0302% | 1h | 1.1747 | +0.123% | $1.3M | $126K | 5x | |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1756 | +0.194% | $252K | $407K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0367% | 1h | 1.1739 | +0.051% | $97K | $208K | 20x | as long as short |
| Extended ZRO-USD | +0.1104% | 1h | 1.1733 | −0.003% | $788K | $596K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1840 | +0.912% | $12K | $260K | 12x | as long as short |
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Extended ZRO-USD
Injective ZRO/USDC PERP