Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC0.000%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORCA_USDT | 1.5100 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $696K | $124K | 20x |
| Short | Bitget ORCAUSDT | 1.5100 | 0.0100 | get 0.0050% / 4h | 3h 00m | $674K | $678K | 25x |
MEXC ORCA_USDT
Bitget ORCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: 0.000% → +0.016%
- −$1.61
- Slippage, 4 orders
- −$66.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$83.63
- Costs to cover
- 0.820%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 20 min ago; Bitget: live order book, 30 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 20 min ago | 3.34 bp | 15.1 bp −$15 | 42.9 bp −$429 | 462.8 bp −$46.3K | doesn't fit |
| Sell Bitget live order book, 30 min ago | 6.72 bp | 29.0 bp −$29 | 97.7 bp −$977 | doesn't fit | doesn't fit |
ORCA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0595% | 1h | 1.5090 | −0.065% | $9K | $8K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5100 | 0.000% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0076% | 4h | 1.5120 | +0.132% | $223K | $58K | 50x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5100 | 0.000% | $3.5M | $5.3M | 50x | as long as short |
| MEXC ORCA_USDTlong | +0.0100% | 4h | 1.5100 | long leg | $696K | $124K | 20x | |
| Bitget ORCAUSDTshort | +0.0100% | 4h | 1.5100 | 0.000% | $674K | $678K | 25x | |
| Extended ORCA-USD | +0.0104% | 1h | 1.5096 | −0.028% | $2K | $208K | 5x | as long as short |
| Aster ORCAUSDT | +0.0259% | 4h | 1.5106 | +0.038% | $44K | $31K | 5x | as long as short |
| Gate ORCA_USDT | +0.0262% | 4h | 1.5112 | +0.079% | $146K | $47K | 25x | as long as short |
| KuCoin ORCAUSDTM | +0.0462% | 4h | 1.5114 | +0.093% | $549K | $201K | 30x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
BloFin ORCA-USDT
Binance ORCAUSDT
Extended ORCA-USD
Aster ORCAUSDT
Gate ORCA_USDT
KuCoin ORCAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.0861% | 4h | 1.5082 | −0.119% | $2.0M | $1.5M | 25x | as long as short |
| Variational Omni ORCA | +0.1082% | 4h | 1.5078 | −0.144% | $30K | $17K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA