Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.139%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$920.919% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.139%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.130% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORCA_USDT | 1.5110 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $704K | $123K | 20x |
| Short | Gate ORCA_USDT | 1.5131 | 0.0100 | get 0.0050% / 4h | 1h 57m | $127K | $40K | 25x |
MEXC ORCA_USDT
Gate ORCA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.139% → +0.009%
- $12.97
- Slippage, 4 orders
- −$72.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$78.88
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 63 min ago; Gate: live order book, 63 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, 63 min ago | 3.30 bp | 8.1 bp −$8 | 25.8 bp −$258 | 295.6 bp −$29.6K | doesn't fit |
| Sell Gate live order book, 63 min ago | 12.53 bp | 38.7 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
ORCA on 11 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 | −0.0259% | 1h | 1.5120 | +0.069% | $9K | $13K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5120 | +0.066% | — | $6.6M | — | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.5141 | +0.203% | $44K | $41K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5105 | −0.033% | $3.4M | $5.4M | 50x | as long as short |
| Gate ORCA_USDTshort | +0.0100% | 4h | 1.5131 | +0.139% | $127K | $40K | 25x | |
| MEXC ORCA_USDTlong | +0.0100% | 4h | 1.5110 | long leg | $704K | $123K | 20x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5130 | +0.132% | $682K | $602K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5103 | −0.047% | $4K | $124K | 5x | as long as short |
| Bybit ORCAUSDT | +0.0136% | 4h | 1.5103 | −0.046% | $2.1M | $1.4M | 25x | as long as short |
| KuCoin ORCAUSDTM | +0.0260% | 4h | 1.5161 | +0.338% | $583K | $203K | 30x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Bitget ORCAUSDT
Extended ORCA-USD
Bybit ORCAUSDT
KuCoin ORCAUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.0516% | 4h | 1.5124 | +0.095% | $29K | $11K | — | as long as short |
Variational Omni ORCA