Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against Binance+0.182%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$388as in the Funding arb table
Net, price: spread back to 7d avg − costs−$387as in the Price arb table
costs, in and out, $10k−$3963.963% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.182%, 7d avg +0.089%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.093% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCAUSDT | 1.4915 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $3.4M | $5.6M | 50x |
| Short | KuCoin ORCAUSDTM | 1.4942 | 0.0100 | get 0.0050% / 4h | 1h 35m | $567K | $203K | 30x |
Binance ORCAUSDT
KuCoin ORCAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: +0.182% → +0.089%
- $9.28
- Slippage, 4 orders
- −$374.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$387.01
- Costs to cover
- 3.963%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 9 min ago.
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 Binance live order book, 2 min ago | 3.35 bp | 17.8 bp −$18 | 88.8 bp −$888 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 7.68 bp | 150.8 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0185% | 1h | 1.4911 | −0.023% | $9K | $10K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.4920 | +0.034% | — | $6.6M | — | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.4924 | +0.059% | $44K | $38K | 5x | as long as short |
| Binance ORCAUSDTlong | +0.0100% | 4h | 1.4915 | long leg | $3.4M | $5.6M | 50x | |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4959 | +0.296% | $125K | $36K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.4910 | −0.033% | $691K | $123K | 20x | as long as short |
| KuCoin ORCAUSDTMshort | +0.0100% | 4h | 1.4942 | +0.182% | $567K | $203K | 30x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4910 | −0.033% | $668K | $683K | 25x | as long as short |
| BloFin ORCA-USDT | +0.0101% | 4h | 1.4940 | +0.168% | $222K | $60K | 50x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.4911 | −0.023% | $4K | $102K | 5x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Aster ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
BloFin ORCA-USDT
Extended ORCA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.0719% | 4h | 1.4906 | −0.057% | $28K | $9K | — | as long as short |
| Bybit ORCAUSDT | +0.1033% | 4h | 1.4898 | −0.113% | $2.0M | $1.6M | 25x | as long as short |
Variational Omni ORCA
Bybit ORCAUSDT