Funding spread now, next payment 16:00 UTC−0.0516%/8h
next payment, per $10,000−$2.58paid, last 24h+0.005%paid, last 5 days−0.088%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.088% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 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 | KuCoin ORCAUSDTM | 1.5114 | 0.0616 | pay 0.0308% / 4h | 2m 35s | $548K | $177K | 30x |
| Short | Aster ORCAUSDT | 1.5108 | 0.0100 | get 0.0050% / 4h | 2m 35s | $44K | $48K | 5x |
KuCoin ORCAUSDTM
Aster ORCAUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$108.36
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$128.36
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 58 min ago; Aster: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.042%
- 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 KuCoin live order book, 58 min ago | 9.62 bp | 248.2 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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_ORCAUSD | −0.0814% | 1h | $9K | $16K | 10x | as long as short |
| BloFin ORCA-USDT | −0.0200% | 4h | $260K | $186K | 50x | as long as short |
| Aster ORCAUSDTshort | +0.0100% | 4h | $44K | $48K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | $3.7M | $4.9M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | $127K | $41K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | $692K | $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 ORCAUSDTMlong | +0.0616% | 4h | $548K | $177K | 30x | |
| BingX ORCA-USDT | +0.1386% | 4h | — | $6.6M | — | as long as short |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
BingX ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1600% | 4h | $2.1M | $1.2M | 25x | as long as short |
| Variational Omni ORCA | +0.1665% | 4h | $28K | $10K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA