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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCAUSDT | 1.5183 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $3.7M | $4.3M | 50x |
| Short | Bybit ORCAUSDT | 1.5180 | 0.0937 | get 0.0468% / 4h | 2h 38m | $2.1M | $1.0M | 25x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
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 costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 3.29 bp | 16.3 bp −$16 | 96.6 bp −$966 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.31 bp | 21.7 bp −$22 | 170.2 bp −$1,702 | doesn't fit | doesn't fit |
ORCA on 12 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BloFin ORCA-USDT | −0.0200% | 4h | $267K | $177K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | $44K | $44K | 5x | as long as short |
| Binance ORCAUSDTlong | +0.0100% | 4h | $3.7M | $4.3M | 50x | |
| Gate ORCA_USDT | +0.0100% | 4h | $133K | $38K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | $699K | $157K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | $549K | $154K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | $733K | $449K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | $2K | $152K | 5x | as long as short |
| Kraken Futures PF_ORCAUSD | +0.0244% | 1h | $12K | $13K | 10x | as long as short |
| Bybit ORCAUSDTshort | +0.0937% | 4h | $2.1M | $1.0M | 25x |
Show all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX ORCA-USDT | +0.1044% | 4h | — | $6.6M | — | as long as short |
| Variational Omni ORCA | +0.1498% | 4h | $28K | $10K | — | as long as short |
Binance ORCAUSDT
Bybit ORCAUSDT
BloFin ORCA-USDT
Aster ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDT
Extended ORCA-USD
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Variational Omni ORCA