Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.17980.0176pay 0.0022% / 1h36m 38s$7K$3K5x
ShortNado ZRO-PERP1.17950.0280get 0.0035% / 1h36m 38s$1.3M$134K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Nado live order book, 2 min ago2.97 bp12.7 bp −$1329.7 bp −$297doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP−0.0217%4h1.1803+0.043%$3.2M$9.5M20xas long as short
Kraken Futures PF_ZROUSD−0.0083%1h1.1805+0.056%$247K$582K25xas long as short
Orderly PERP_ZRO_USDC−0.0031%4h1.1796−0.016%$21K$7K10xas long as short
dYdX ZRO-USD0.0000%1h1.1806+0.069%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0071%4h1.1807+0.077%$1.1M$267K75xas long as short
Hyperliquid ZRO+0.0100%1h1.1803+0.043%$37.5M$7.8M5xas long as short
Aster ZROUSDT+0.0100%4h1.1798+0.001%$158K$165K10xas long as short
Pacifica ZRO+0.0100%1h1.1795−0.026%$143K$210K5xas long as short
Binance ZROUSDT+0.0100%4h1.1794−0.033%$22.3M$35.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1786−0.101%$18.1M$16.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1790−0.067%$1.3M$2.1M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1788−0.084%$18.3M$3.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1783−0.126%$2.5M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1791−0.058%$2.7M$2.7M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1794−0.033%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1796−0.016%$89K$209K20xas long as short
Variational Omni ZRO+0.0100%4h1.1727−0.600%$2.2M$897Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1790−0.067%$37K$681K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1802+0.035%$83K$1.1M5xas long as short
Extended ZRO-USD+0.0104%1h1.1792−0.048%$780K$569K10xas long as short
Aevo ZRO-PERP+0.0104%1h1.1793−0.041%$21K3xas long as short
01 Exchange ZROUSDlong+0.0176%1h1.1798long leg$7K$3K5x
Nado ZRO-PERPshort+0.0280%1h1.1795−0.025%$1.3M$134K5x
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1801+0.022%$3K100xas long as short
Lighter ZRO+0.0952%1h1.1825+0.234%$4.7M$1.1M5xas long as short
Injective ZRO/USDC PERP+0.1022%1h1.1860+0.526%$12K$121K12xas long as short