Funding you earn now, next payment 07:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.032%
Price spread now: Gate against Nado−0.045%7-day average +0.026% · 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−$85as in the Price arb table
costs, in and out, $10k−$780.781% of the position
Funding, last 3 days (all we have)−0.062%−$6 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.045%, 7d avg +0.026%
=Together, before fees−0.093%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.071% cheaper against Nado than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1675 | 0.0243 | pay 0.0030% / 1h | 54m 47s | $1.3M | $126K | 5x |
| Short | Gate ZRO_USDT | 1.1670 | 0.0100 | get 0.0050% / 4h | 1h 54m | $1.3M | $1.4M | 75x |
Nado ZRO-PERP
Gate ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$30.08
- Price spread: −0.045% → +0.026%
- −$7.1
- Slippage, 4 orders
- −$56.1
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$115.29
- Costs to cover
- 0.781%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Gate: 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 | 2.55 bp | 13.0 bp −$13 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.28 bp | 25.8 bp −$26 | 58.3 bp −$583 | 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 | 0.0000% | 1h | 1.1668 | −0.065% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | 0.0000% | 1h | 1.1667 | −0.068% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0078% | 4h | 1.1677 | +0.015% | $20K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0085% | 4h | 1.1674 | −0.011% | $1.0M | $202K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1690 | +0.126% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1682 | +0.058% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1679 | +0.036% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1667 | −0.071% | $137K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1662 | −0.114% | $21.8M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1664 | −0.096% | $17.9M | $13.6M | 50x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1670 | −0.045% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDTshort | +0.0100% | 4h | 1.1670 | −0.045% | $1.3M | $1.4M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1662 | −0.114% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1682 | +0.058% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1671 | −0.037% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1671 | −0.037% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1680 | +0.041% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1677 | +0.015% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | +0.383% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1683 | +0.066% | $99K | $819K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1670 | −0.045% | $21K | — | 3x | as long as short |
| Nado ZRO-PERPlong | +0.0243% | 1h | 1.1675 | long leg | $1.3M | $126K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1677 | +0.011% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0515% | 1h | 1.1686 | +0.088% | $253K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0856% | 1h | 1.1667 | −0.073% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1730 | +0.469% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP