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−$16
spread now+0.606%7d average−0.006%fees + slippage, in and out−$77spread needed0.775%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ORCA-USDT1.48600.1168pay 0.0584% / 4h3h 19m$6.6M
ShortBloFin ORCA-USDT1.49500.0099get 0.0050% / 4h3h 19m$250K$185K50x

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
$60.57
Funding while held
−$32.06
Slippage, 4 orders
−$55.47
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$48.96
Spread needed to break even
0.775%
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 18 min ago.

Cost of waiting

funding view
Funding /8h
−0.1069%
Per $10,000 a day
$32.06
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 BingX live order book, 9 min ago3.33 bp18.2 bp −$1861.0 bp −$610611.4 bp −$61.1K1189.9 bp −$594.9K
Sell BloFin live order book, 18 min ago6.65 bp21.1 bp −$2146.9 bp −$469doesn't fitdoesn'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−0.175%+0.0878%4h$2.1M$1.2M25xas long as short
Bitget ORCAUSDT−0.067%+0.0100%4h$747K$530K25xas long as short
Binance ORCAUSDT0.000%+0.0100%4h$3.5M$4.9M50xas long as short
MEXC ORCA_USDT0.000%+0.0100%4h$677K$156K20xas long as short
BingX ORCA-USDTlong0.000%+0.1168%4h$6.6M
Aster ORCAUSDT+0.001%+0.0100%4h$43K$48K5xas long as short
Kraken Futures PF_ORCAUSD+0.025%−0.1076%1h$9K$15K10xas long as short
Gate ORCA_USDT+0.047%+0.0100%4h$124K$41K25xas long as short
Extended ORCA-USD+0.047%+0.0104%1h$3K$155K5xas long as short
KuCoin ORCAUSDTM+0.141%+0.0638%4h$561K$191K30xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin ORCA-USDTshort+0.606%+0.0099%4h$250K$185K50x
Variational Omni ORCA+0.663%+0.1895%4h$28K$11Kas long as short