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Funding arb · Price arb /

ORCA

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Alert: funding
Measured
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Alert: spread
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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 04:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.321%
Price spread now: KuCoin against Variational Omni+0.296%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on KuCoin
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
The price spread pays, funding is against you. KuCoin is 0.296% dearer against Variational Omni than usual: you sell high and buy low (spread +0.296% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORCA1.50570.0292pay 0.0146% / 4h50m 38s$29K$10K—
ShortKuCoin ORCAUSDTM1.51020.0194get 0.0097% / 4h50m 38s$582K$199K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
−$20.57
Price spread: +0.296% → 0.000%
$29.64
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2.93
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 33 min ago. 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 Variational Omni no order-book sample—————
Sell KuCoin live order book, 33 min ago9.21 bp173.3 bp −$173doesn't fitdoesn't fitdoesn't fit
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−0.0514%1h1.5068+0.074%$9K$13K10xas long as short
BloFin ORCA-USDT+0.0065%4h1.5070+0.084%$228K$59K50xas long as short
BingX ORCA-USDT+0.0070%4h1.5070+0.084%—$6.6M—as long as short
Aster ORCAUSDT+0.0100%4h1.5110+0.347%$44K$39K5xas long as short
Binance ORCAUSDT+0.0100%4h1.5072+0.099%$3.4M$5.5M50xas long as short
Bybit ORCAUSDT+0.0100%4h1.5065+0.051%$2.0M$1.5M25xas long as short
Gate ORCA_USDT+0.0100%4h1.5118+0.403%$127K$37K25xas long as short
MEXC ORCA_USDT+0.0100%4h1.5080+0.150%$696K$122K20xas long as short
Bitget ORCAUSDT+0.0100%4h1.5070+0.084%$670K$635K25xas long as short
Extended ORCA-USD+0.0104%1h1.5073+0.105%$2K$130K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORCAUSDTMshort+0.0194%4h1.5102+0.296%$582K$199K30x
Variational Omni ORCAlong+0.0292%4h1.5057long leg$29K$10K—