Funding you earn now, next payment 05:00 UTC−0.0168%/8h= −18.3% APRpaid last 24h −0.027%
Price spread now: BloFin against Nado−0.005%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−$54as in the Price arb table
costs, in and out, $10k−$550.551% of the position
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now −0.005%, 7d avg −0.019%
=Together, before fees−0.250%+ Points / potential airdropNado: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1773 | 0.0223 | pay 0.0028% / 1h | 44m 59s | $1.3M | $124K | 5x |
| Short | BloFin ZRO-USDT | 1.1772 | 0.0055 | get 0.0027% / 4h | 3h 44m | $1.1M | $250K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Nado. 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
- −$35.19
- Price spread: −0.005% → −0.019%
- $1.42
- Slippage, 4 orders
- −$36.13
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.89
- Costs to cover
- 0.551%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; BloFin: 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 Nado live order book, 4 min ago | 2.12 bp | 11.9 bp −$12 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.85 bp | 18.7 bp −$19 | 31.7 bp −$317 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0031% | 1h | 1.1777 | +0.042% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0047% | 4h | 1.1779 | +0.054% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDTshort | +0.0055% | 4h | 1.1772 | −0.005% | $1.1M | $250K | 75x | |
| Lighter ZRO | +0.0096% | 1h | 1.1795 | +0.194% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1780 | +0.059% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1774 | +0.010% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1774 | +0.008% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1771 | −0.014% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1777 | +0.037% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.107% | $1.3M | $1.5M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1774 | +0.012% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1766 | −0.056% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1774 | +0.012% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1774 | +0.012% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1770 | −0.023% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.022% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1777 | +0.037% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1775 | +0.020% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0114% | 1h | 1.1774 | +0.012% | $98K | $220K | 20x | as long as short |
| Nado ZRO-PERPlong | +0.0223% | 1h | 1.1773 | long leg | $1.3M | $124K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1776 | +0.030% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0296% | 1h | 1.1782 | +0.079% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1785 | +0.108% | $259K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0497% | 1h | 1.1791 | +0.156% | $37.4M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1775 | +0.019% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1820 | +0.403% | $12K | $261K | 12x | as long as short |
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP