Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

ORCA

all ORCA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC+0.1211%/8h= +132.6% APRnext payment +$6.06 per $10,000 · paid last 24h +0.290%
Price spread now: Variational Omni against MEXC−0.180%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on MEXCShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 3 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 0.180% cheaper against MEXC than usual: you would sell low and buy high (spread −0.180% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 12 hours of funding at the current rate (+$36 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORCA_USDT1.50800.0100pay 0.0050% / 4h7m 11s$703K$141K20x
ShortVariational Omni ORCA1.50530.1311get 0.0656% / 4h7m 11s$28K$12K—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$254.39
Price spread: −0.180% → 0.000%
−$18.03
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$232.37
Costs to cover
0.040%
Break-even
0.6 days
Slippage unknown: MEXC: live order book, 63 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 63 min ago3.32 bp9.9 bp −$1032.1 bp −$321405.1 bp −$40.5Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORCAUSD−0.0442%1h1.5091+0.072%$9K$14K10xas long as short
BloFin ORCA-USDT+0.0056%4h1.5100+0.133%$228K$60K50xas long as short
BingX ORCA-USDT+0.0070%4h1.5090+0.066%—$6.6M—as long as short
Aster ORCAUSDT+0.0100%4h1.5089+0.062%$44K$44K5xas long as short
Binance ORCAUSDT+0.0100%4h1.5089+0.060%$3.5M$5.5M50xas long as short
Gate ORCA_USDT+0.0100%4h1.5104+0.159%$127K$46K25xas long as short
MEXC ORCA_USDTlong+0.0100%4h1.5080long leg$703K$141K20x
KuCoin ORCAUSDTM+0.0100%4h1.5120+0.265%$581K$207K30xas long as short
Bitget ORCAUSDT+0.0100%4h1.50800.000%$684K$571K25xas long as short
Extended ORCA-USD+0.0104%1h1.5086+0.041%$3K$155K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ORCAUSDT+0.1058%4h1.5056−0.159%$2.1M$1.4M25xas long as short
Variational Omni ORCAshort+0.1311%4h1.5053−0.180%$28K$12K—