Funding spread now, next payment 20:00 UTC−0.0470%/8h
next payment, per $10,000−$2.35paid, last 24h−0.026%paid, last 7 days−0.119%to open and close $10k−$349
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 −$2.35 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 | 1.4852 | 0.0570 | pay 0.0285% / 4h | 2h 12m | $570K | $202K | 30x |
| Short | Binance ORCAUSDT | 1.4830 | 0.0100 | get 0.0050% / 4h | 2h 12m | $3.5M | $5.1M | 50x |
KuCoin ORCAUSDTM
Binance ORCAUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$98.7
- Slippage, 4 orders
- −$326.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$447.53
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 28 min ago; Binance: live order book, 12 min ago.
Price risk
price view- Price gap now
- −0.148%
- Avg gap 7d
- −0.074%
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, 28 min ago | 9.08 bp | 224.0 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.37 bp | 17.5 bp −$17 | 74.5 bp −$745 | doesn't fit | doesn't fit |
ORCA on 12 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.1520% | 1h | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0095% | 4h | $242K | $141K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | $43K | $45K | 5x | as long as short |
| Binance ORCAUSDTshort | +0.0100% | 4h | $3.5M | $5.1M | 50x | |
| Gate ORCA_USDT | +0.0100% | 4h | $126K | $42K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | $680K | $153K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | $721K | $529K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| KuCoin ORCAUSDTMlong | +0.0570% | 4h | $570K | $202K | 30x | |
| BingX ORCA-USDT | +0.0942% | 4h | — | $6.6M | — | as long as short |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
Aster 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 | +0.0958% | 4h | $2.1M | $1.2M | 25x | as long as short |
| Variational Omni ORCA | +0.1687% | 4h | $28K | $11K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA