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

ORCA

all ORCA markets
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Funding spread now, next payment 16:00 UTC−0.1458%/8h
paid, last 24h−0.099%paid, last 5 days−0.164%to open and close $10k−$113
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.164% in total (about -12.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORCAUSDT1.50590.1562pay 0.0781% / 4h4m 08s$2.1M$1.2M25x
ShortExtended ORCA-USD1.50680.0104get 0.0013% / 1h4m 08s$3K$155K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$306.21
Slippage, 4 orders
−$97.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$419.59
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 45 min ago.

Price risk

price view
Price gap now
+0.057%
Avg gap 7d
−0.075%
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 Bybit live order book, 4 min ago1.66 bp17.0 bp −$17228.2 bp −$2,282doesn't fitdoesn't fit
Sell Extended live order book, 45 min ago5.95 bp35.6 bp −$36253.1 bp −$2,531doesn't fitdoesn't fit

ORCA on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ORCAUSD−0.0814%1h$9K$16K10xas long as short
BloFin ORCA-USDT−0.0200%4h$260K$186K50xas long as short
Aster ORCAUSDT+0.0100%4h$44K$48K5xas long as short
Binance ORCAUSDT+0.0100%4h$3.7M$4.9M50xas long as short
Gate ORCA_USDT+0.0100%4h$127K$41K25xas long as short
MEXC ORCA_USDT+0.0100%4h$691K$157K20xas long as short
Bitget ORCAUSDT+0.0100%4h$722K$497K25xas long as short
Extended ORCA-USDshort+0.0104%1h$3K$155K5x
KuCoin ORCAUSDTM+0.0594%4h$548K$177K30xas long as short
BingX ORCA-USDT+0.1386%4h$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit ORCAUSDTlong+0.1562%4h$2.1M$1.2M25x
Variational Omni ORCA+0.1665%4h$28K$10Kas long as short