Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.139%
Price spread now: KuCoin against BingX+0.047%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2792.792% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.047%, 7d avg +0.058%
=The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORCA-USDT | 1.4920 | 0.0070 | pay 0.0035% / 4h | 11m 07s | — | $6.6M | — |
| Short | KuCoin ORCAUSDTM | 1.4927 | 0.0100 | get 0.0050% / 4h | 11m 07s | $563K | $199K | 30x |
BingX ORCA-USDT
KuCoin ORCAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $6.3
- Price spread: +0.047% → +0.058%
- −$1.16
- Slippage, 4 orders
- −$257.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$274.1
- Costs to cover
- 2.792%
- Break-even
- 311.6 days
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 23 min ago.
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 BingX live order book, 6 min ago | 10.06 bp | 26.3 bp −$26 | 83.7 bp −$837 | 670.8 bp −$67.1K | 1214.4 bp −$607.2K |
| Sell KuCoin live order book, 23 min ago | 9.06 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ORCA-USDTlong | +0.0070% | 4h | 1.4920 | long leg | — | $6.6M | — | |
| Aster ORCAUSDT | +0.0100% | 4h | 1.4918 | −0.015% | $44K | $38K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.4918 | −0.015% | $3.4M | $5.4M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4908 | −0.080% | $124K | $36K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.4910 | −0.067% | $687K | $124K | 20x | as long as short |
| KuCoin ORCAUSDTMshort | +0.0100% | 4h | 1.4927 | +0.047% | $563K | $199K | 30x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4910 | −0.067% | $671K | $659K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.4912 | −0.056% | $6K | $208K | 5x | as long as short |
| Kraken Futures PF_ORCAUSD | +0.0111% | 1h | 1.4905 | −0.101% | $9K | $8K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0142% | 4h | 1.4920 | 0.000% | $222K | $60K | 50x | as long as short |
Aster ORCAUSDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.0913% | 4h | 1.4901 | −0.127% | $2.0M | $1.5M | 25x | as long as short |
| Variational Omni ORCA | +0.0976% | 4h | 1.4896 | −0.163% | $28K | $10K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA