Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.071%
Price spread now: Nado against OKX+0.072%7-day average −0.013% · 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−$45as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 3 days (all we have)+0.131%+$13 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.072%, 7d avg −0.013%
=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 +$1 a day on $10k at the current rate, and Nado is 0.084% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRO-USDT-SWAP | 1.1728 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $3.2M | $7.8M | 20x |
| Short | Nado ZRO-PERP | 1.1736 | 0.0148 | get 0.0019% / 1h | 1m 38s | $1.3M | $126K | 5x |
OKX ZRO-USDT-SWAP
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- $10.18
- Price spread: +0.072% → −0.013%
- $8.45
- Slippage, 4 orders
- −$36.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$34.71
- Costs to cover
- 0.533%
- Break-even
- 30.9 days
Slippage from OKX: live order book, 1 min ago; Nado: 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 OKX live order book, 1 min ago | 1.70 bp | 12.0 bp −$12 | 80.7 bp −$807 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.85 bp | 10.8 bp −$11 | 29.6 bp −$296 | 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 | +0.0006% | 1h | 1.1737 | +0.078% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0071% | 4h | 1.1734 | +0.051% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1751 | +0.200% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1749 | +0.179% | $37.3M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1738 | +0.089% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1734 | +0.053% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1724 | −0.036% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1726 | −0.017% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAPlong | +0.0100% | 4h | 1.1728 | long leg | $3.2M | $7.8M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | +0.017% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
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 | 1.1732 | +0.034% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1731 | +0.026% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1732 | +0.034% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1737 | +0.077% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1740 | +0.102% | $97K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1743 | +0.127% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | +0.188% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1732 | +0.034% | $99K | $821K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0104% | 4h | 1.1729 | +0.009% | $1.0M | $254K | 75x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1730 | +0.017% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0136% | 1h | 1.1732 | +0.038% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERPshort | +0.0148% | 1h | 1.1736 | +0.072% | $1.3M | $126K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1732 | +0.031% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0701% | 1h | 1.1740 | +0.100% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0832% | 1h | 1.1730 | +0.016% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1790 | +0.529% | $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
BloFin ZRO-USDT
Aevo ZRO-PERP
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP