Funding you earn now, next payment 04:00 UTC+0.0348%/8h= +38.1% APRnext payment +$1.74 per $10,000 · paid last 24h +0.342%
Price spread now: Variational Omni against Aster−0.171%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.171% cheaper against Aster than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 39 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORCAUSDT | 1.5134 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $44K | $41K | 5x |
| Short | Variational Omni ORCA | 1.5109 | 0.0448 | get 0.0224% / 4h | 1h 40m | $29K | $11K | — |
Aster ORCAUSDT
Variational Omni ORCAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- $73.08
- Price spread: −0.171% → 0.000%
- −$17.13
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $47.94
- Costs to cover
- 0.080%
- Break-even
- 2.4 days
Slippage unknown: Aster: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Aster and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0259% | 1h | 1.5109 | −0.170% | $9K | $13K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5120 | −0.096% | — | $6.6M | — | as long as short |
| Aster ORCAUSDTlong | +0.0100% | 4h | 1.5134 | long leg | $44K | $41K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5127 | −0.049% | $3.4M | $5.4M | 50x | as long as short |
| Bybit ORCAUSDT | +0.0100% | 4h | 1.5107 | −0.182% | $2.1M | $1.5M | 25x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5134 | −0.003% | $127K | $40K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5120 | −0.096% | $700K | $124K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5120 | −0.096% | $680K | $611K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5116 | −0.122% | $3K | $130K | 5x | as long as short |
| BloFin ORCA-USDT | +0.0151% | 4h | 1.5140 | +0.036% | $227K | $59K | 50x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Binance ORCAUSDT
Bybit ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
BloFin ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORCAUSDTM | +0.0230% | 4h | 1.5133 | −0.010% | $581K | $203K | 30x | as long as short |
| Variational Omni ORCAshort | +0.0448% | 4h | 1.5109 | −0.171% | $29K | $11K | — |
KuCoin ORCAUSDTM