Funding you earn now, next payment 07:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.033%
Price spread now: Nado against Variational Omni−0.161%7-day average +0.026% · 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)+0.068%+$7 on $10k
+Price spread, last 7 days+0.306%+$31 · spread now −0.161%, 7d avg +0.026%
=Together, before fees+0.374%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.187% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of +0.026%). If the spread goes back, that is −$19 on $10k: about 4.1 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.068% in total) that is about 9.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRO | 1.1681 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $2.3M | $771K | — |
| Short | Nado ZRO-PERP | 1.1663 | 0.0253 | get 0.0032% / 1h | 2m 58s | $1.3M | $128K | 5x |
Variational Omni ZRO
Nado ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- $32.17
- Price spread: −0.161% → +0.026%
- −$18.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $6.44
- Costs to cover
- 0.070%
- Break-even
- 5.6 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Nado: live order book, 1 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 Variational Omni RFQ quote, 1 min ago | 3.60 bp | doesn't fit | 50.1 bp −$501 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 1.71 bp | 11.3 bp −$11 | 29.5 bp −$295 | 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 | +0.0027% | 1h | 1.1670 | −0.097% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0072% | 1h | 1.1662 | −0.169% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1650 | −0.269% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1677 | −0.038% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1665 | −0.141% | $37.0M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1668 | −0.115% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1663 | −0.158% | $137K | $171K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1652 | −0.248% | $21.8M | $29.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1644 | −0.321% | $17.8M | $13.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1657 | −0.209% | $3.2M | $7.7M | 20x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | −0.269% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1656 | −0.218% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1666 | −0.132% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1645 | −0.312% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1652 | −0.252% | — | $16.5M | — | as long as short |
| Variational Omni ZROlong | +0.0100% | 4h | 1.1681 | long leg | $2.3M | $771K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.073% | $39K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1666 | −0.132% | $99K | $817K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0101% | 4h | 1.1646 | −0.304% | $1.0M | $200K | 75x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1648 | −0.287% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0220% | 1h | 1.1657 | −0.209% | $95K | $216K | 20x | as long as short |
| Nado ZRO-PERPshort | +0.0253% | 1h | 1.1663 | −0.161% | $1.3M | $128K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1654 | −0.237% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0516% | 1h | 1.1666 | −0.133% | $254K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0768% | 1h | 1.1648 | −0.284% | $797K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1730 | +0.416% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP