ORCA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.1% APRnext payment +$1.33 per $10,000 · paid last 24h +0.332%

Price spread now: Variational Omni against KuCoin−0.145%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Variational Omni is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 44 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ORCAUSDTM	1.4922	0.0100	pay 0.0050% / 4h	2h 20m	$581K	$203K	30x
Short	Variational Omni ORCA	1.4900	0.0366	get 0.0183% / 4h	2h 20m	$28K	$9K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.145%Rate

Funding earned: $55.79
Price spread: −0.145% → 0.000%: −$14.48
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $29.31
Costs to cover: 0.120%
Break-even: 3.3 days

Slippage unknown: KuCoin: live order book, 38 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 KuCoin live order book, 38 min ago	7.68 bp	230.9 bp −$231	doesn't fit	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	−0.0006%	1h	1.4897	−0.168%	$9K	$10K	10x	as long as short
BingX ORCA-USDT	+0.0070%	4h	1.4920	−0.013%	—	$6.6M	—	as long as short
BloFin ORCA-USDT	+0.0090%	4h	1.4940	+0.121%	$223K	$60K	50x	as long as short
Aster ORCAUSDT	+0.0100%	4h	1.4942	+0.132%	$44K	$38K	5x	as long as short
Binance ORCAUSDT	+0.0100%	4h	1.4943	+0.139%	$3.4M	$5.6M	50x	as long as short
Gate ORCA_USDT	+0.0100%	4h	1.4912	−0.067%	$124K	$37K	25x	as long as short
MEXC ORCA_USDT	+0.0100%	4h	1.4940	+0.121%	$691K	$124K	20x	as long as short
KuCoin ORCAUSDTMlong	+0.0100%	4h	1.4922	long leg	$581K	$203K	30x
Bitget ORCAUSDT	+0.0100%	4h	1.4940	+0.121%	$653K	$671K	25x	as long as short
Extended ORCA-USD	+0.0104%	1h	1.4906	−0.110%	$3K	$105K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ORCAshort	+0.0366%	4h	1.4900	−0.145%	$28K	$9K	—
Bybit ORCAUSDT	+0.0450%	4h	1.4935	+0.087%	$2.0M	$1.5M	25x	as long as short