Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

ORCA

all ORCA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 12:00 UTC+0.0924%/8h= +101.2% APRnext payment +$4.62 per $10,000 · paid last 24h +0.357%
Price spread now: Variational Omni against MEXC−0.218%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on MEXCShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.218% cheaper against MEXC than usual: you would sell low and buy high (spread −0.218% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 19 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORCA_USDT1.48800.0100pay 0.0050% / 4h3h 27m$686K$122K20x
ShortVariational Omni ORCA1.48480.1024get 0.0512% / 4h3h 27m$32K$13K—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$194.08
Price spread: −0.218% → 0.000%
−$21.81
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$168.27
Costs to cover
0.040%
Break-even
0.9 days
Slippage unknown: MEXC: live order book, 63 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 63 min ago3.36 bp15.8 bp −$1645.2 bp −$452413.1 bp −$41.3Kdoesn't fit
Sell Variational Omni no order-book sample—————
Variational Omni: 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORCAUSD−0.0603%1h1.4875−0.031%$9K$8K10xas long as short
BloFin ORCA-USDT+0.0065%4h1.48800.000%$222K$58K50xas long as short
BingX ORCA-USDT+0.0070%4h1.48800.000%—$6.6M—as long as short
Binance ORCAUSDT+0.0100%4h1.4890+0.067%$3.4M$5.4M50xas long as short
Gate ORCA_USDT+0.0100%4h1.4886+0.040%$124K$36K25xas long as short
MEXC ORCA_USDTlong+0.0100%4h1.4880long leg$686K$122K20x
Bitget ORCAUSDT+0.0100%4h1.48800.000%$664K$671K25xas long as short
Extended ORCA-USD+0.0104%1h1.4886+0.039%$4K$209K5xas long as short
Aster ORCAUSDT+0.0130%4h1.4889+0.059%$44K$34K5xas long as short
KuCoin ORCAUSDTM+0.0180%4h1.4902+0.148%$544K$202K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ORCAUSDT+0.0776%4h1.4867−0.087%$2.0M$1.6M25xas long as short
Variational Omni ORCAshort+0.1024%4h1.4848−0.218%$32K$13K—