Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.025%
Price spread now: KuCoin against Extended+0.167%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$427as in the Price arb table
costs, in and out, $10k−$4334.332% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.167%, 7d avg +0.106%
=Together, before fees+0.104%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.061% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORCA-USD | 1.5086 | 0.0104 | pay 0.0013% / 1h | 27m 07s | $3K | $155K | 5x |
| Short | KuCoin ORCAUSDTM | 1.5111 | 0.0100 | get 0.0050% / 4h | 2h 27m | $577K | $204K | 30x |
Extended ORCA-USD
KuCoin ORCAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.167% → +0.106%
- $6.13
- Slippage, 4 orders
- −$416.22
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$427.93
- Costs to cover
- 4.332%
- Break-even
- never at this rate
Slippage from Extended: live order book, 58 min ago; KuCoin: live order book, 55 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 Extended live order book, 58 min ago | 6.76 bp | 37.3 bp −$37 | 265.6 bp −$2,656 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 7.92 bp | 71.5 bp −$71 | 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 | −0.0790% | 1h | 1.5096 | +0.069% | $9K | $15K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5070 | −0.105% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0081% | 4h | 1.5080 | −0.038% | $234K | $58K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.5096 | +0.071% | $44K | $44K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5086 | −0.001% | $3.5M | $5.3M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5093 | +0.048% | $127K | $46K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5080 | −0.038% | $691K | $147K | 20x | as long as short |
| KuCoin ORCAUSDTMshort | +0.0100% | 4h | 1.5111 | +0.167% | $577K | $204K | 30x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5080 | −0.038% | $707K | $507K | 25x | as long as short |
| Extended ORCA-USDlong | +0.0104% | 1h | 1.5086 | long leg | $3K | $155K | 5x |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1933% | 4h | 1.5066 | −0.131% | $2.1M | $1.3M | 25x | as long as short |
| Variational Omni ORCA | +0.1945% | 4h | 1.5068 | −0.116% | $29K | $11K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA