ORCA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixORCA	1.6770	−0.0047	get 0.0006% / 1h	54m 22s	$53K	$14K	5x	Long Phoenix
SHORT	MEXCORCA_USDT	1.6770	+0.0100	get 0.0050% / 4h	1h 54m	$491K	$171K	20x	Short MEXC

Price gap0.000%92s

Funding gap+0.0147% /8h

Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at zero (no 7-day history yet).

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$148+0.0147% /8h now · paid +1.477% over the last 7D

Price—spread 0.000%92s now · prices read too far apart to compare

Costsno datano order book for Phoenix

Result, before costs—no pointsneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now0.000%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ORCA on 12 exchanges

lowest funding first

Before you open

0 ok · 4 to watch

Note: Order book unknown—
No order-book sample for Phoenix: its slippage is not counted.
Note: Margin at max leverage$2,000 + $500
Phoenix 5x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$4.42Long Phoenix: 24 payments, +$1.42; short MEXC: 6 payments, +$3.00.
Watch: Prices read 92 s apart0.000% vs —
Part of this gap may be the market moving.
Watch: Long leg is thinner$53K vs $491K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhoenix No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0703%/8h × 21 periods+$147.73

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Phoenix—

Fee Phoenix bp × 2 orders−$7.00

Fee MEXC bp × 2 orders−$8.00

Net, fees only · 7 days · $10k+$132.73

price spread not counted: prices read too far apart

Costs to cover0.150%Break-even0.7 days

Slippage: Phoenix: no order-book sample; MEXC: live order book, 45 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix—————

SELL · SHORTMEXC2.9612.5 bp−$1326.7 bp−$267161.0 bp−$16.1Kdoesn’t fit

Closing costs about the same again.
Phoenix: no data.

ORCA news

posts that mention ORCA, from every exchangeSearch all news →

10-14 10:00	HTX	Other	Earn up to 30% APY on Flexible Earn! ORCA, TAO, 4STOCK, MONAD & LIT Limited-time subsidies. Don’t miss out! @HTX_Global on X ↗
10-13 18:55	Phoenix	Listing	Now live on Phoenix: $TLT - 20x leverage $IBM - 10x leverage $TXN - 5x leverage $ORCA - 5x leverage @PhoenixTrade on X ↗
10-13 17:00	Phoenix	Listing	new market ORCA ($ORCA) seen by our collector