Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.079%
Price spread now: Aster against BloFin+0.020%92s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.020% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORCA-USDT | 1.5120 | 0.0067 | pay 0.0033% / 4h | 2h 39m | $235K | $58K | 50x |
| Short | Aster ORCAUSDT | 1.5123 | 0.0100 | get 0.0050% / 4h | 2h 39m | $44K | $45K | 5x |
BloFin ORCA-USDT
Aster ORCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- $6.94
- Price spread: +0.020% → 0.000%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$11.01
- Costs to cover
- 0.200%
- Break-even
- 18.1 days
Slippage unknown: BloFin: live order book, 43 min ago; Aster: 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 BloFin live order book, 43 min ago | 6.62 bp | 12.6 bp −$13 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | −0.0789% | 1h | 1.5126 | +0.037% | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDTlong | +0.0067% | 4h | 1.5120 | long leg | $235K | $58K | 50x | |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5100 | −0.132% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTshort | +0.0100% | 4h | 1.5123 | +0.020% | $44K | $45K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5112 | −0.053% | $3.5M | $5.2M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5116 | −0.026% | $127K | $45K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5110 | −0.066% | $692K | $146K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.5122 | +0.013% | $579K | $203K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5090 | −0.198% | $707K | $507K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5110 | −0.066% | $3K | $155K | 5x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDT
Extended ORCA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1631% | 4h | 1.5083 | −0.245% | $2.1M | $1.3M | 25x | as long as short |
| Variational Omni ORCA | +0.1900% | 4h | 1.5083 | −0.248% | $29K | $11K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA