After costs, if the gap returns to its 7d average, $10k−$72
spread now+0.094%7d average−0.019%fees + slippage, in and out−$83spread needed0.829%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCAUSDT | 1.4946 | 0.0997 | pay 0.0498% / 4h | 3h 22m | $2.1M | $1.2M | 25x |
| Short | BingX ORCA-USDT | 1.4960 | 0.1694 | get 0.0847% / 4h | 3h 22m | — | $6.6M | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.37
- Funding while held
- $20.93
- Slippage, 4 orders
- −$61.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.64
- Spread needed to break even
- 0.829%
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0698%
- Per $10,000 a day
- +$20.93
- Average in range /8h
- —
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 Bybit live order book, 1 min ago | 3.01 bp | 23.0 bp −$23 | 190.1 bp −$1,901 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.33 bp | 19.3 bp −$19 | 60.8 bp −$608 | 673.1 bp −$67.3K | 1245.1 bp −$622.6K |
ORCA price on every exchange
against the cheapest. Click to use as the short leg.ORCA on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDTlong | 0.000% | +0.0997% | 4h | $2.1M | $1.2M | 25x | |
| Bitget ORCAUSDT | +0.094% | +0.0100% | 4h | $716K | $499K | 25x | as long as short |
| BingX ORCA-USDTshort | +0.094% | +0.1694% | 4h | — | $6.6M | — | |
| Kraken Futures PF_ORCAUSD | +0.095% | −0.1069% | 1h | $9K | $15K | 10x | as long as short |
| MEXC ORCA_USDT | +0.161% | +0.0100% | 4h | $681K | $155K | 20x | as long as short |
| Extended ORCA-USD | +0.212% | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| Binance ORCAUSDT | +0.227% | +0.0100% | 4h | $3.6M | $4.9M | 50x | as long as short |
| Aster ORCAUSDT | +0.229% | +0.0100% | 4h | $44K | $48K | 5x | as long as short |
| Gate ORCA_USDT | +0.274% | +0.0100% | 4h | $126K | $39K | 25x | as long as short |
| BloFin ORCA-USDT | +0.294% | +0.0129% | 4h | $251K | $186K | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ORCAUSDTM | +0.415% | +0.0658% | 4h | $563K | $191K | 30x | as long as short |
| Variational Omni ORCA | +0.463% | +0.1980% | 4h | $29K | $11K | — | as long as short |
Bybit ORCAUSDT
BingX ORCA-USDT
Bitget
Kraken Futures
MEXC
Extended
Binance
Aster
Gate
BloFin
KuCoin
Variational Omni