Funding you earn now, next payment 21:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.065%
Price spread now: Nado against 01 Exchange−0.025%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Nado is 0.025% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1798 | 0.0176 | pay 0.0022% / 1h | 36m 38s | $7K | $3K | 5x |
| Short | Nado ZRO-PERP | 1.1795 | 0.0280 | get 0.0035% / 1h | 36m 38s | $1.3M | $134K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against 01 Exchange. 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
- $21.83
- Price spread: −0.025% → 0.000%
- −$2.51
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $5.33
- Costs to cover
- 0.140%
- Break-even
- 5.3 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 2 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 2 min ago | 2.97 bp | 12.7 bp −$13 | 29.7 bp −$297 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | −0.0217% | 4h | 1.1803 | +0.043% | $3.2M | $9.5M | 20x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0083% | 1h | 1.1805 | +0.056% | $247K | $582K | 25x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0031% | 4h | 1.1796 | −0.016% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1806 | +0.069% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0071% | 4h | 1.1807 | +0.077% | $1.1M | $267K | 75x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1803 | +0.043% | $37.5M | $7.8M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1798 | +0.001% | $158K | $165K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1795 | −0.026% | $143K | $210K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1794 | −0.033% | $22.3M | $35.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1786 | −0.101% | $18.1M | $16.8M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1790 | −0.067% | $1.3M | $2.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1788 | −0.084% | $18.3M | $3.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1783 | −0.126% | $2.5M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1791 | −0.058% | $2.7M | $2.7M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1794 | −0.033% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1796 | −0.016% | $89K | $209K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | −0.600% | $2.2M | $897K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1790 | −0.067% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1802 | +0.035% | $83K | $1.1M | 5x | as long as short |
| Extended ZRO-USD | +0.0104% | 1h | 1.1792 | −0.048% | $780K | $569K | 10x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1793 | −0.041% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSDlong | +0.0176% | 1h | 1.1798 | long leg | $7K | $3K | 5x | |
| Nado ZRO-PERPshort | +0.0280% | 1h | 1.1795 | −0.025% | $1.3M | $134K | 5x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1801 | +0.022% | $3K | — | 100x | as long as short |
| Lighter ZRO | +0.0952% | 1h | 1.1825 | +0.234% | $4.7M | $1.1M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1022% | 1h | 1.1860 | +0.526% | $12K | $121K | 12x | as long as short |
01 Exchange ZROUSD
OKX ZRO-USDT-SWAP
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Extended ZRO-USD
GMX ZRO/USD [ETH-USDC]
Lighter ZRO
Injective ZRO/USDC PERP