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

ORCA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against Aster−0.110%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.110% cheaper against Aster than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORCAUSDT1.51170.0100pay 0.0050% / 4h5m 16s$44K$39K5x
ShortBitget ORCAUSDT1.51000.0100get 0.0050% / 4h5m 16s$669K$642K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$0
Price spread: −0.110% → 0.000%
−$10.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$30.98
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 50 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 Aster no order-book sample
Sell Bitget live order book, 50 min ago6.61 bp30.9 bp −$31107.9 bp −$1,079doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORCAUSD−0.0514%1h1.5089−0.184%$9K$13K10xas long as short
BingX ORCA-USDT+0.0070%4h1.5100−0.110%$6.6Mas long as short
Aster ORCAUSDTlong+0.0100%4h1.5117long leg$44K$39K5x
Binance ORCAUSDT+0.0100%4h1.5085−0.207%$3.5M$5.5M50xas long as short
Bybit ORCAUSDT+0.0100%4h1.5082−0.229%$2.0M$1.5M25xas long as short
Gate ORCA_USDT+0.0100%4h1.5117+0.003%$127K$38K25xas long as short
MEXC ORCA_USDT+0.0100%4h1.5090−0.176%$702K$125K20xas long as short
Bitget ORCAUSDTshort+0.0100%4h1.5100−0.110%$669K$642K25x
Extended ORCA-USD+0.0104%1h1.5084−0.216%$2K$128K5xas long as short
KuCoin ORCAUSDTM+0.0110%4h1.5113−0.024%$583K$198K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ORCA-USDT+0.0131%4h1.5100−0.110%$227K$60K50xas long as short
Variational Omni ORCA+0.0318%4h1.5089−0.183%$29K$10Kas long as short