Funding spread now, next payment 20:00 UTC−0.1646%/8h
next payment, per $10,000−$8.23paid, last 24h−0.206%paid, last 3 days−0.161%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 -0.161% in total (about -19.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.23 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 | 1.4877 | 0.1746 | pay 0.0873% / 4h | 2h 21m | $28K | $11K | — |
| Short | MEXC ORCA_USDT | 1.4870 | 0.0100 | get 0.0050% / 4h | 2h 21m | $682K | $152K | 20x |
Variational Omni ORCA
MEXC ORCA_USDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$345.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$349.7
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 10 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.046%
- 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 MEXC live order book, 10 min ago | 3.37 bp | 12.3 bp −$12 | 37.1 bp −$371 | 303.0 bp −$30.3K | 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 | −0.1515% | 1h | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0050% | 4h | $242K | $185K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | $43K | $45K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | $3.5M | $5.2M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | $126K | $42K | 25x | as long as short |
| MEXC ORCA_USDTshort | +0.0100% | 4h | $682K | $152K | 20x | |
| Bitget ORCAUSDT | +0.0100% | 4h | $723K | $529K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.0622% | 4h | $574K | $202K | 30x | as long as short |
| BingX ORCA-USDT | +0.1070% | 4h | — | $6.6M | — | as long as short |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Gate ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
KuCoin ORCAUSDTM
BingX ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1095% | 4h | $2.1M | $1.2M | 25x | as long as short |
| Variational Omni ORCAlong | +0.1746% | 4h | $28K | $11K | — |
Bybit ORCAUSDT