Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against MEXC+0.187%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$4994.993% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.187%, 7d avg +0.109%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.078% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORCA_USDT | 1.4970 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $692K | $125K | 20x |
| Short | KuCoin ORCAUSDTM | 1.4998 | 0.0100 | get 0.0050% / 4h | 2h 12m | $584K | $203K | 30x |
MEXC ORCA_USDT
KuCoin ORCAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.187% → +0.109%
- $7.76
- Slippage, 4 orders
- −$483.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$491.51
- Costs to cover
- 4.993%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; KuCoin: live order book, 47 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, 28 min ago | 3.36 bp | 9.0 bp −$9 | 27.5 bp −$275 | 310.3 bp −$31.0K | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 7.68 bp | 243.2 bp −$243 | 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 | −0.0006% | 1h | 1.4983 | +0.085% | $9K | $10K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.4960 | −0.067% | — | $6.6M | — | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.4980 | +0.067% | $44K | $38K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.4970 | 0.000% | $3.4M | $5.6M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4974 | +0.027% | $125K | $37K | 25x | as long as short |
| MEXC ORCA_USDTlong | +0.0100% | 4h | 1.4970 | long leg | $692K | $125K | 20x | |
| KuCoin ORCAUSDTMshort | +0.0100% | 4h | 1.4998 | +0.187% | $584K | $203K | 30x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4960 | −0.067% | $661K | $674K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.4975 | +0.032% | $3K | $105K | 5x | as long as short |
| BloFin ORCA-USDT | +0.0150% | 4h | 1.4990 | +0.134% | $221K | $60K | 50x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Gate ORCA_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.0481% | 4h | 1.4931 | −0.260% | $28K | $9K | — | as long as short |
| Bybit ORCAUSDT | +0.0848% | 4h | 1.4973 | +0.020% | $2.0M | $1.5M | 25x | as long as short |
Variational Omni ORCA
Bybit ORCAUSDT