Funding you earn now, next payment 07:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%
Price spread now: Nado against Polymarket Perps−0.161%122s7-day average −0.052% · 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—prices read too far apart to compare
costs, in and out, $10k−$390.391% of the position
Funding, last 3 days (all we have)+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.161%, 7d avg −0.052%
=Together, before fees+0.148%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.109% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of −0.052%). If the spread goes back, that is −$11 on $10k: about 3.4 days of funding at the current rate (+$3 a day). The two prices were read 122 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZRO-USD | 1.1717 | 0.0100 | pay 0.0013% / 1h | 49m 20s | $99K | $819K | 5x |
| Short | Nado ZRO-PERP | 1.1698 | 0.0207 | get 0.0026% / 1h | 49m 20s | $1.3M | $126K | 5x |
Polymarket Perps ZRO-USD
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Polymarket Perps. 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
- $22.51
- Price spread: −0.161% → −0.052%
- −$10.91
- Slippage, 4 orders
- −$24.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$27.51
- Costs to cover
- 0.391%
- Break-even
- 15.6 days
Slippage from Polymarket Perps: live order book, 19 min ago; Nado: live order book, 4 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 Polymarket Perps live order book, 19 min ago | 3.83 bp | 7.9 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 2.13 bp | 13.3 bp −$13 | 29.8 bp −$298 | 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 | −0.0024% | 1h | 1.1720 | +0.024% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0086% | 4h | 1.1704 | −0.111% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1741 | +0.203% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1722 | +0.043% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1721 | +0.037% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1717 | −0.002% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1708 | −0.078% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1705 | −0.102% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1707 | −0.085% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1720 | +0.026% | $1.3M | $1.4M | 75x | as long as short |
01 Exchange ZROUSD
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 | 1.1708 | −0.077% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1723 | +0.051% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1707 | −0.085% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1722 | +0.043% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1693 | −0.208% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | −0.316% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1717 | long leg | $99K | $819K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1701 | −0.133% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0111% | 1h | 1.1728 | +0.095% | $21K | $5K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0112% | 1h | 1.1737 | +0.171% | $96K | $221K | 20x | as long as short |
| BloFin ZRO-USDT | +0.0131% | 4h | 1.1693 | −0.205% | $1.1M | $202K | 75x | as long as short |
| Nado ZRO-PERPshort | +0.0207% | 1h | 1.1698 | −0.161% | $1.3M | $126K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1705 | −0.099% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0513% | 1h | 1.1734 | +0.144% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0816% | 1h | 1.1713 | −0.035% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1750 | +0.282% | $12K | $261K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP