data as of
Settings8H · net · $10k
Funding arb /

ORCA

all ORCA markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0837%/8h
next payment, per $10,000+$4.18paid, last 24h+0.101%paid, last 7 days+0.190%to open and close $10k−$82
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ORCAUSDT1.51830.0100pay 0.0050% / 4h2h 38m$3.7M$4.3M50x
ShortBybit ORCAUSDT1.51800.0937get 0.0468% / 4h2h 38m$2.1M$1.0M25x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$175.68
Slippage, 4 orders
−$60.51
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$94.17
Break-even
3.2 days
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.019%
Avg gap 7d
+0.057%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago3.29 bp16.3 bp −$1696.6 bp −$966doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.31 bp21.7 bp −$22170.2 bp −$1,702doesn't fitdoesn't fit

ORCA on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin ORCA-USDT−0.0200%4h$267K$177K50xas long as short
Aster ORCAUSDT+0.0100%4h$44K$44K5xas long as short
Binance ORCAUSDTlong+0.0100%4h$3.7M$4.3M50x
Gate ORCA_USDT+0.0100%4h$133K$38K25xas long as short
MEXC ORCA_USDT+0.0100%4h$699K$157K20xas long as short
KuCoin ORCAUSDTM+0.0100%4h$549K$154K30xas long as short
Bitget ORCAUSDT+0.0100%4h$733K$449K25xas long as short
Extended ORCA-USD+0.0104%1h$2K$152K5xas long as short
Kraken Futures PF_ORCAUSD+0.0244%1h$12K$13K10xas long as short
Bybit ORCAUSDTshort+0.0937%4h$2.1M$1.0M25x
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX ORCA-USDT+0.1044%4h$6.6Mas long as short
Variational Omni ORCA+0.1498%4h$28K$10Kas long as short