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: MEXC against Aster−0.163%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.163% cheaper against Aster than usual: you would sell low and buy high, −$16 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 | 1.5105 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $44K | $41K | 5x |
| Short | MEXC ORCA_USDT | 1.5080 | 0.0100 | get 0.0050% / 4h | 2h 08m | $702K | $131K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.163% → 0.000%
- −$16.29
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$28.29
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 52 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 MEXC live order book, 52 min ago | 3.30 bp | 11.6 bp −$12 | 36.8 bp −$368 | 280.7 bp −$28.1K | 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 11 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 | −0.0482% | 1h | 1.5071 | −0.224% | $9K | $14K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5070 | −0.229% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTlong | +0.0100% | 4h | 1.5105 | long leg | $44K | $41K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5100 | −0.030% | $3.4M | $5.5M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5111 | +0.042% | $127K | $45K | 25x | as long as short |
| MEXC ORCA_USDTshort | +0.0100% | 4h | 1.5080 | −0.163% | $702K | $131K | 20x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5090 | −0.097% | $680K | $608K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5078 | −0.173% | $4K | $128K | 5x | as long as short |
| Bybit ORCAUSDT | +0.0171% | 4h | 1.5072 | −0.216% | $2.1M | $1.5M | 25x | as long as short |
| KuCoin ORCAUSDTM | +0.0266% | 4h | 1.5106 | +0.009% | $581K | $206K | 30x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.0578% | 4h | 1.5107 | +0.018% | $29K | $12K | — | as long as short |
Aster ORCAUSDT
MEXC ORCA_USDT
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
Bybit ORCAUSDT
KuCoin ORCAUSDTM
Variational Omni ORCA