Funding you earn now, next payment 06:00 UTC−0.0145%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.051%
Price spread now: dYdX against Nado−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.039% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1740 | 0.0152 | pay 0.0019% / 1h | 6m 49s | $1.3M | $126K | 5x |
| Short | dYdX ZRO-USD | 1.1735 | 0.0007 | get 0.0001% / 1h | 6m 49s | $21K | $5K | 5x |
Nado ZRO-PERP
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$30.38
- Price spread: −0.039% → 0.000%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$51.26
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 2 min ago; dYdX: no order-book sample. 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 Nado live order book, 2 min ago | 1.28 bp | 9.1 bp −$9 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 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-USDshort | +0.0007% | 1h | 1.1735 | −0.039% | $21K | $5K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0070% | 4h | 1.1741 | +0.009% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1765 | +0.215% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1761 | +0.178% | $37.3M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1749 | +0.078% | $159K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1731 | −0.073% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1743 | +0.024% | $22.0M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1737 | −0.025% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1740 | +0.001% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | +0.001% | $1.3M | $1.5M | 75x | as long as short |
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_USDT | +0.0100% | 4h | 1.1744 | +0.035% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1740 | +0.001% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1741 | +0.009% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1743 | +0.026% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1752 | +0.103% | $97K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1710 | −0.251% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | −0.170% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1750 | +0.086% | $99K | $821K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1745 | +0.047% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0136% | 4h | 1.1739 | −0.008% | $1.0M | $254K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0136% | 1h | 1.1749 | +0.079% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERPlong | +0.0152% | 1h | 1.1740 | long leg | $1.3M | $126K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1744 | +0.034% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0700% | 1h | 1.1749 | +0.078% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0896% | 1h | 1.1741 | +0.010% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1780 | +0.341% | $12K | $261K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP