After costs, if the gap returns to its 7d average, $10k−$343
spread now+0.397%7d average+0.034%fees + slippage, in and out−$379spread needed3.792%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCAUSDT | 1.4850 | 0.1900 | pay 0.0950% / 4h | 1h 23m | $2.1M | $1.3M | 25x |
| Short | KuCoin ORCAUSDTM | 1.4909 | 0.0408 | get 0.0204% / 4h | 1h 23m | $570K | $204K | 30x |
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
- $39.73
- Funding while held
- −$44.77
- Slippage, 4 orders
- −$356.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$384.2
- Spread needed to break even
- 3.792%
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1492%
- Per $10,000 a day
- −$44.77
- 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, 5 min ago | 3.70 bp | 27.6 bp −$28 | 238.1 bp −$2,381 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.37 bp | 160.5 bp −$160 | doesn't fit | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDTlong | 0.000% | +0.1900% | 4h | $2.1M | $1.3M | 25x | |
| BloFin ORCA-USDT | +0.067% | +0.0156% | 4h | $240K | $51K | 50x | as long as short |
| MEXC ORCA_USDT | +0.135% | +0.0100% | 4h | $683K | $152K | 20x | as long as short |
| BingX ORCA-USDT | +0.135% | +0.1776% | 4h | — | $6.6M | — | as long as short |
| Variational Omni ORCA | +0.146% | +0.2056% | 4h | $28K | $11K | — | as long as short |
| Gate ORCA_USDT | +0.182% | +0.0100% | 4h | $126K | $42K | 25x | as long as short |
| Kraken Futures PF_ORCAUSD | +0.192% | −0.1187% | 1h | $9K | $15K | 10x | as long as short |
| Extended ORCA-USD | +0.193% | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| Binance ORCAUSDT | +0.202% | +0.0100% | 4h | $3.5M | $5.2M | 50x | as long as short |
| Bitget ORCAUSDT | +0.202% | +0.0100% | 4h | $719K | $523K | 25x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ORCAUSDT | +0.228% | +0.0100% | 4h | $43K | $45K | 5x | as long as short |
| KuCoin ORCAUSDTMshort | +0.397% | +0.0408% | 4h | $570K | $204K | 30x |
Bybit ORCAUSDT
KuCoin ORCAUSDTM
BloFin
MEXC
BingX
Variational Omni
Gate
Kraken Futures
Extended
Binance
Bitget
Aster