Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.046%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.046%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.036% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORCA_USDT | 1.5100 | 0.0100 | pay 0.0050% / 4h | 8m 43s | $704K | $141K | 20x |
| Short | Gate ORCA_USDT | 1.5107 | 0.0100 | get 0.0050% / 4h | 8m 43s | $127K | $46K | 25x |
MEXC ORCA_USDT
Gate ORCA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- Price spread: +0.046% → +0.011%
- $3.58
- Slippage, 4 orders
- −$78.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.16
- Costs to cover
- 0.977%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 62 min ago; Gate: live order book, 62 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 MEXC live order book, 62 min ago | 3.32 bp | 9.9 bp −$10 | 32.1 bp −$321 | 405.1 bp −$40.5K | doesn't fit |
| Sell Gate live order book, 62 min ago | 9.30 bp | 44.4 bp −$44 | 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 | −0.0441% | 1h | 1.5101 | +0.010% | $9K | $14K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5110 | +0.066% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0084% | 4h | 1.5090 | −0.066% | $228K | $60K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.5106 | +0.038% | $44K | $44K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5109 | +0.057% | $3.5M | $5.5M | 50x | as long as short |
| Gate ORCA_USDTshort | +0.0100% | 4h | 1.5107 | +0.046% | $127K | $46K | 25x | |
| MEXC ORCA_USDTlong | +0.0100% | 4h | 1.5100 | long leg | $704K | $141K | 20x | |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.5121 | +0.139% | $581K | $207K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5090 | −0.066% | $685K | $570K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5106 | +0.037% | $3K | $155K | 5x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
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 | +0.1076% | 4h | 1.5073 | −0.179% | $2.1M | $1.4M | 25x | as long as short |
| Variational Omni ORCA | +0.1311% | 4h | 1.5053 | −0.312% | $28K | $12K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA