Funding you earn now, next payment 22:00 UTC+0.0889%/8h= +97.3% APRpaid last 24h −5.698%
Price spread now: Aster against Kraken Futures−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ORCAUSD | 1.5118 | −0.0789 | get 0.0099% / 1h | 37m 10s | $9K | $15K | 10x |
| Short | Aster ORCAUSDT | 1.5115 | 0.0100 | get 0.0050% / 4h | 2h 37m | $44K | $45K | 5x |
Kraken Futures PF_ORCAUSD
Aster ORCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- $186.68
- Price spread: −0.014% → 0.000%
- −$1.43
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $167.26
- Costs to cover
- 0.180%
- Break-even
- 0.7 days
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and 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_ORCAUSDlong | −0.0789% | 1h | 1.5118 | long leg | $9K | $15K | 10x | |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5090 | −0.183% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTshort | +0.0100% | 4h | 1.5115 | −0.014% | $44K | $45K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5120 | +0.016% | $3.5M | $5.2M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5116 | −0.011% | $126K | $46K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5110 | −0.051% | $692K | $146K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.5136 | +0.121% | $580K | $204K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5110 | −0.051% | $708K | $507K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5118 | +0.004% | $3K | $155K | 5x | as long as short |
| BloFin ORCA-USDT | +0.0123% | 4h | 1.5110 | −0.051% | $234K | $58K | 50x | as long as short |
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDT
Extended ORCA-USD
BloFin ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1731% | 4h | 1.5080 | −0.249% | $2.1M | $1.3M | 25x | as long as short |
| Variational Omni ORCA | +0.1900% | 4h | 1.5083 | −0.232% | $29K | $11K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA