Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Aster−0.168%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.168% cheaper against Aster than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORCAUSDT | 1.5035 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $44K | $44K | 5x |
| Short | MEXC ORCA_USDT | 1.5010 | 0.0100 | get 0.0050% / 4h | 2h 06m | $689K | $148K | 20x |
Aster ORCAUSDT
MEXC ORCA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. 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: −0.168% → 0.000%
- −$16.81
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$28.81
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 9 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 9 min ago | 3.32 bp | 10.9 bp −$11 | 37.2 bp −$372 | 354.0 bp −$35.4K | doesn't fit |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0794% | 1h | 1.5019 | −0.109% | $9K | $15K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5020 | −0.102% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0081% | 4h | 1.5060 | +0.164% | $232K | $58K | 50x | as long as short |
| Aster ORCAUSDTlong | +0.0100% | 4h | 1.5035 | long leg | $44K | $44K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5020 | −0.102% | $3.5M | $5.3M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5045 | +0.065% | $126K | $47K | 25x | as long as short |
| MEXC ORCA_USDTshort | +0.0100% | 4h | 1.5010 | −0.168% | $689K | $148K | 20x | |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.5059 | +0.158% | $575K | $204K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5020 | −0.102% | $702K | $506K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5018 | −0.115% | $3K | $155K | 5x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
BloFin ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDT
Extended ORCA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.2069% | 4h | 1.5025 | −0.067% | $29K | $11K | — | as long as short |
| Bybit ORCAUSDT | +0.2141% | 4h | 1.4987 | −0.321% | $2.1M | $1.3M | 25x | as long as short |
Variational Omni ORCA
Bybit ORCAUSDT