Funding spread now, next payment 20:00 UTC−0.1880%/8h
next payment, per $10,000−$9.40paid, last 24h−0.206%paid, last 3 days−0.164%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.164% in total (about -19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.40 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 | Variational Omni ORCA | 1.5015 | 0.1980 | pay 0.0990% / 4h | 3h 25m | $29K | $11K | — |
| Short | Binance ORCAUSDT | 1.5027 | 0.0100 | get 0.0050% / 4h | 3h 25m | $3.6M | $4.9M | 50x |
Variational Omni ORCA
Binance ORCAUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$394.87
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$404.87
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.080%
- 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 3.33 bp | 17.6 bp −$18 | 64.3 bp −$643 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.1065% | 1h | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0087% | 4h | $251K | $186K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | $44K | $48K | 5x | as long as short |
| Binance ORCAUSDTshort | +0.0100% | 4h | $3.6M | $4.9M | 50x | |
| Gate ORCA_USDT | +0.0100% | 4h | $127K | $39K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | $684K | $155K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | $717K | $502K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.0682% | 4h | $565K | $191K | 30x | as long as short |
| Bybit ORCAUSDT | +0.1362% | 4h | $2.1M | $1.2M | 25x | as long as short |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
Aster ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
KuCoin ORCAUSDTM
Bybit ORCAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX ORCA-USDT | +0.1826% | 4h | — | $6.6M | — | as long as short |
| Variational Omni ORCAlong | +0.1980% | 4h | $29K | $11K | — |
BingX ORCA-USDT