Funding spread now, next payment 17:00 UTC+0.3573%/8h
paid, last 24h−7.399%paid, last 4 days−8.581%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ORCAUSD | 1.5070 | −0.1062 | get 0.0133% / 1h | 55m 28s | $9K | $16K | 10x |
| Short | Bybit ORCAUSDT | 1.5037 | 0.2511 | get 0.1256% / 4h | 3h 55m | $2.1M | $1.2M | 25x |
Kraken Futures PF_ORCAUSD
Bybit ORCAUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $750.32
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $729.32
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.217%
- Avg gap 7d
- —
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 2.99 bp | 25.1 bp −$25 | 167.3 bp −$1,673 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORCA on 12 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSDlong | −0.1062% | 1h | $9K | $16K | 10x | |
| BloFin ORCA-USDT | −0.0200% | 4h | $256K | $186K | 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_USDT | +0.0100% | 4h | $127K | $39K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | $691K | $153K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | $721K | $498K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.0660% | 4h | $560K | $181K | 30x | as long as short |
| Variational Omni ORCA | +0.1834% | 4h | $28K | $10K | — | as long as short |
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
KuCoin ORCAUSDTM
Variational Omni ORCAShow all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bybit ORCAUSDTshort | +0.2511% | 4h | $2.1M | $1.2M | 25x | |
| BingX ORCA-USDT | +0.2850% | 4h | — | $6.6M | — | as long as short |
BingX ORCA-USDT