Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Aster against Extended+0.039%7-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
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.039% dearer against Extended than usual: you sell high and buy low, +$4 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 | Extended ORCA-USD | 1.5105 | 0.0104 | pay 0.0013% / 1h | 10m 33s | $4K | $128K | 5x |
| Short | Aster ORCAUSDT | 1.5111 | 0.0100 | get 0.0050% / 4h | 2h 10m | $44K | $41K | 5x |
Extended ORCA-USD
Aster ORCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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: +0.039% → 0.000%
- $3.91
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$9.93
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 55 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 Extended live order book, 55 min ago | 6.80 bp | 35.8 bp −$36 | 236.5 bp −$2,365 | 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 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 | −0.0480% | 1h | 1.5129 | +0.160% | $9K | $14K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5090 | −0.100% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTshort | +0.0100% | 4h | 1.5111 | +0.039% | $44K | $41K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5106 | +0.008% | $3.4M | $5.5M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5119 | +0.092% | $127K | $45K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5100 | −0.034% | $703K | $131K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5100 | −0.034% | $681K | $608K | 25x | as long as short |
| Extended ORCA-USDlong | +0.0104% | 1h | 1.5105 | long leg | $4K | $128K | 5x | |
| Bybit ORCAUSDT | +0.0214% | 4h | 1.5091 | −0.094% | $2.1M | $1.5M | 25x | as long as short |
| KuCoin ORCAUSDTM | +0.0276% | 4h | 1.5142 | +0.244% | $582K | $206K | 30x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Bybit ORCAUSDT
KuCoin ORCAUSDTMShow 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 | +0.014% | $29K | $12K | — | as long as short |
Variational Omni ORCA