Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against Aster−0.103%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.103% cheaper against Aster than usual: you would sell low and buy high, −$10 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 | 1.5094 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $44K | $44K | 5x |
| Short | Extended ORCA-USD | 1.5078 | 0.0104 | get 0.0013% / 1h | 17m 01s | $3K | $155K | 5x |
Aster ORCAUSDT
Extended ORCA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.103% → 0.000%
- −$10.32
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.48
- Costs to cover
- 0.130%
- Break-even
- 194.3 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago | 6.86 bp | 34.4 bp −$34 | 262.6 bp −$2,626 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0791% | 1h | 1.5083 | −0.072% | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0060% | 4h | 1.5070 | −0.157% | $232K | $58K | 50x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5080 | −0.091% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTlong | +0.0100% | 4h | 1.5094 | long leg | $44K | $44K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5080 | −0.091% | $3.5M | $5.3M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5096 | +0.015% | $127K | $47K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5070 | −0.157% | $692K | $147K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.5095 | +0.009% | $577K | $204K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5080 | −0.091% | $705K | $506K | 25x | as long as short |
| Extended ORCA-USDshort | +0.0104% | 1h | 1.5078 | −0.103% | $3K | $155K | 5x |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.2010% | 4h | 1.5078 | −0.106% | $29K | $11K | — | as long as short |
| Bybit ORCAUSDT | +0.2083% | 4h | 1.5052 | −0.276% | $2.1M | $1.3M | 25x | as long as short |
Variational Omni ORCA
Bybit ORCAUSDT