Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against Aster−0.089%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORCAUSDT | 1.4896 | 0.0100 | pay 0.0050% / 4h | 24m 21s | $44K | $38K | 5x |
| Short | Binance ORCAUSDT | 1.4883 | 0.0100 | get 0.0050% / 4h | 24m 21s | $3.4M | $5.4M | 50x |
Aster ORCAUSDT
Binance ORCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $0
- Price spread: −0.089% → 0.000%
- −$8.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.94
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 13 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 3.36 bp | 15.9 bp −$16 | 64.1 bp −$641 | doesn't fit | doesn't fit |
Aster: 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.
ORCA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ORCA-USDT | +0.0070% | 4h | 1.4890 | −0.041% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTlong | +0.0100% | 4h | 1.4896 | long leg | $44K | $38K | 5x | |
| Binance ORCAUSDTshort | +0.0100% | 4h | 1.4883 | −0.089% | $3.4M | $5.4M | 50x | |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4892 | −0.027% | $124K | $36K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.4880 | −0.108% | $686K | $123K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.4902 | +0.040% | $563K | $200K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4880 | −0.108% | $673K | $659K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.4881 | −0.101% | $6K | $208K | 5x | as long as short |
| Kraken Futures PF_ORCAUSD | +0.0112% | 1h | 1.4872 | −0.162% | $9K | $8K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0122% | 4h | 1.4880 | −0.108% | $223K | $60K | 50x | as long as short |
BingX ORCA-USDT
Gate ORCA_USDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDT
Extended ORCA-USD
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1000% | 4h | 1.4858 | −0.256% | $2.0M | $1.5M | 25x | as long as short |
| Variational Omni ORCA | +0.1041% | 4h | 1.4857 | −0.261% | $28K | $9K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA