Funding you earn now, next payment 04:00 UTC+0.0643%/8h= +70.4% APRnext payment +$3.21 per $10,000 · paid last 24h +0.348%
Price spread now: Variational Omni against Bitget+0.354%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Variational Omni is 0.354% dearer against Bitget than usual: you sell high and buy low: +$35 more if the spread 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 | Bitget ORCAUSDT | 1.5090 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $674K | $600K | 25x |
| Short | Variational Omni ORCA | 1.5143 | 0.0743 | get 0.0371% / 4h | 2h 56m | $28K | $11K | — |
Bitget ORCAUSDT
Variational Omni ORCAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- $134.97
- Price spread: +0.354% → 0.000%
- $35.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $158.33
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 9 min ago; Variational Omni: no order-book sample. 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 Bitget live order book, 9 min ago | 6.57 bp | 26.7 bp −$27 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | −0.0481% | 1h | 1.5093 | +0.022% | $9K | $14K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5080 | −0.066% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0078% | 4h | 1.5100 | +0.066% | $227K | $59K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.5112 | +0.148% | $44K | $41K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5070 | −0.133% | $3.4M | $5.7M | 50x | as long as short |
| Bybit ORCAUSDT | +0.0100% | 4h | 1.5059 | −0.205% | $2.1M | $1.4M | 25x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5124 | +0.225% | $127K | $45K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5070 | −0.133% | $698K | $128K | 20x | as long as short |
| Bitget ORCAUSDTlong | +0.0100% | 4h | 1.5090 | long leg | $674K | $600K | 25x | |
| Extended ORCA-USD | +0.0104% | 1h | 1.5076 | −0.091% | $6K | $128K | 5x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Bybit ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Extended ORCA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORCAUSDTM | +0.0126% | 4h | 1.5121 | +0.205% | $579K | $210K | 30x | as long as short |
| Variational Omni ORCAshort | +0.0743% | 4h | 1.5143 | +0.354% | $28K | $11K | — |
KuCoin ORCAUSDTM