Funding you earn now, next payment 02:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.027%
Price spread now: Variational Omni against Nado+0.002%7-day average −0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 7 days−0.259%−$26 · spread now +0.002%, 7d avg −0.032%
=Together, before fees−0.320%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.034% dearer against Nado than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.032%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 3 days (−0.061% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZRO-PERP | 1.1689 | 0.0228 | pay 0.0028% / 1h | 44m 42s | $1.3M | $126K | 5x |
| Short | Variational Omni ZRO | 1.1690 | 0.0100 | get 0.0050% / 4h | 2h 44m | $2.3M | $837K | — |
Nado ZRO-PERP
Variational Omni ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$26.84
- Price spread: +0.002% → −0.032%
- $3.4
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.44
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 4 min ago | 2.13 bp | 11.8 bp −$12 | 42.7 bp −$427 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.43 bp | doesn't fit | 46.8 bp −$468 | 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 | −0.0216% | 1h | 1.1674 | −0.129% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1693 | +0.032% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0014% | 4h | 1.1684 | −0.046% | $20K | $6K | 10x | as long as short |
| Gate ZRO_USDT | +0.0090% | 4h | 1.1680 | −0.081% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1712 | +0.191% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1708 | +0.159% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1704 | +0.125% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1696 | +0.055% | $136K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1696 | +0.055% | $21.9M | $29.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1685 | −0.038% | $17.9M | $14.1M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Gate 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 | 1.1699 | +0.082% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1698 | +0.073% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1688 | −0.012% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1683 | −0.055% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1683 | −0.055% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1692 | +0.022% | $96K | $213K | 20x | as long as short |
| Variational Omni ZROshort | +0.0100% | 4h | 1.1690 | +0.002% | $2.3M | $837K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | +0.347% | $39K | $684K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1692 | +0.022% | $92K | $841K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1675 | −0.123% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0132% | 4h | 1.1753 | +0.544% | $1.1M | $253K | 75x | as long as short |
| Nado ZRO-PERPlong | +0.0228% | 1h | 1.1689 | long leg | $1.3M | $126K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1691 | +0.012% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0372% | 1h | 1.1694 | +0.040% | $251K | $407K | 25x | as long as short |
| Extended ZRO-USD | +0.0992% | 1h | 1.1686 | −0.031% | $784K | $593K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1740 | +0.433% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP