data as of
Settings8H · net · $10k
Price arb /

ORCA

all ORCA markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$86
spread now−0.034%7d average+0.034%fees + slippage, in and out−$80spread needed0.797%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ORCAUSDT1.49350.0100pay 0.0050% / 4h1h 42m$3.5M$5.2M50x
ShortBingX ORCA-USDT1.49300.1696get 0.0848% / 4h1h 42m$6.6M

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.37
Funding while held
$47.88
Slippage, 4 orders
−$59.68
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$35.17
Spread needed to break even
0.797%
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 15 min ago.

Cost of waiting

funding view
Funding /8h
+0.1596%
Per $10,000 a day
+$47.88
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago3.36 bp18.7 bp −$1995.4 bp −$954doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago6.73 bp22.1 bp −$2275.9 bp −$759717.6 bp −$71.8Kdoesn't fit

ORCA price on every exchange

against the cheapest. Click to use as the short leg.

ORCA on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ORCAUSDT−0.147%+0.1963%4h$2.1M$1.3M25xas long as short
Variational Omni ORCA−0.108%+0.1994%4h$28K$11Kas long as short
Bitget ORCAUSDT−0.101%+0.0100%4h$723K$528K25xas long as short
BloFin ORCA-USDT−0.101%+0.0107%4h$239K$140K50xas long as short
Kraken Futures PF_ORCAUSD−0.071%−0.1184%1h$9K$15K10xas long as short
Gate ORCA_USDT−0.060%+0.0100%4h$126K$42K25xas long as short
MEXC ORCA_USDT−0.034%+0.0100%4h$685K$150K20xas long as short
BingX ORCA-USDTshort−0.034%+0.1696%4h$6.6M
Extended ORCA-USD−0.011%+0.0104%1h$3K$155K5xas long as short
Aster ORCAUSDT−0.011%+0.0100%4h$44K$45K5xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance ORCAUSDTlong0.000%+0.0100%4h$3.5M$5.2M50x
KuCoin ORCAUSDTM+0.194%+0.0534%4h$572K$204K30xas long as short