Funding spread now, next payment 16:00 UTC+0.1218%/8h
next payment, per $10,000+$6.09paid, last 24h+0.101%paid, last 7 days+0.119%to open and close $10k−$127
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.09 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 | Gate ORCA_USDT | 1.5061 | 0.0100 | pay 0.0050% / 4h | 12m 01s | $127K | $41K | 25x |
| Short | BingX ORCA-USDT | 1.5050 | 0.1318 | get 0.0659% / 4h | 12m 01s | — | $6.6M | — |
Gate ORCA_USDT
BingX ORCA-USDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $255.78
- Slippage, 4 orders
- −$101.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $129.07
- Break-even
- 3.5 days
Slippage from Gate: live order book, 30 min ago; BingX: live order book, 1 min ago.
Price risk
price view- Price gap now
- −0.073%
- Avg gap 7d
- +0.061%
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 Gate live order book, 30 min ago | 10.63 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 6.64 bp | 19.6 bp −$20 | 63.6 bp −$636 | 715.7 bp −$71.6K | 1324.3 bp −$662.2K |
ORCA on 12 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0815% | 1h | $11K | $14K | 10x | as long as short |
| BloFin ORCA-USDT | −0.0200% | 4h | $261K | $185K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | $44K | $48K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | $3.7M | $4.9M | 50x | as long as short |
| Gate ORCA_USDTlong | +0.0100% | 4h | $127K | $41K | 25x | |
| MEXC ORCA_USDT | +0.0100% | 4h | $690K | $157K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | $722K | $497K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.0484% | 4h | $547K | $177K | 30x | as long as short |
| BingX ORCA-USDTshort | +0.1318% | 4h | — | $6.6M | — |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
KuCoin ORCAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1403% | 4h | $2.1M | $1.2M | 25x | as long as short |
| Variational Omni ORCA | +0.1503% | 4h | $28K | $10K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA