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−$138
spread now−0.161%7d average−0.053%fees + slippage, in and out−$127spread needed1.275%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCA-USDT1.49400.0106pay 0.0053% / 4h1h 40m$240K$141K50x
ShortGate ORCA_USDT1.49160.0100get 0.0050% / 4h1h 40m$126K$42K25x

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
−$16.06
Funding while held
−$0.19
Slippage, 4 orders
−$100.49
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$143.75
Spread needed to break even
1.275%
Slippage from BloFin: live order book, 52 min ago; Gate: live order book, 52 min ago.

Cost of waiting

funding view
Funding /8h
−0.0006%
Per $10,000 a day
$0.19
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 BloFin live order book, 52 min ago3.37 bp14.2 bp −$1444.3 bp −$443doesn't fitdoesn't fit
Sell Gate live order book, 52 min ago12.12 bp45.9 bp −$46doesn't fitdoesn'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−0.348%+0.1976%4h$2.1M$1.3M25xas long as short
MEXC ORCA_USDT−0.201%+0.0100%4h$685K$150K20xas long as short
Bitget ORCAUSDT−0.201%+0.0100%4h$722K$528K25xas long as short
BingX ORCA-USDT−0.201%+0.1818%4h$6.6Mas long as short
Kraken Futures PF_ORCAUSD−0.196%−0.1185%1h$9K$15K10xas long as short
Variational Omni ORCA−0.190%+0.2054%4h$28K$11Kas long as short
Extended ORCA-USD−0.189%+0.0104%1h$3K$155K5xas long as short
Binance ORCAUSDT−0.180%+0.0100%4h$3.5M$5.2M50xas long as short
Gate ORCA_USDTshort−0.161%+0.0100%4h$126K$42K25x
Aster ORCAUSDT−0.141%+0.0100%4h$44K$45K5xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin ORCA-USDTlong0.000%+0.0106%4h$240K$141K50x
KuCoin ORCAUSDTM+0.120%+0.0526%4h$571K$204K30xas long as short