data as of
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Price arb /

ORCA

all ORCA markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.209%7d average−0.066%fees + slippage, in and out−$68spread needed0.675%
Long on BybitShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORCAUSDT1.48490.1031pay 0.0516% / 4h2h 18m$2.1M$1.2M25x
ShortMEXC ORCA_USDT1.48800.0100get 0.0050% / 4h2h 18m$682K$152K20x

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
$20.88
Funding while held
−$27.94
Slippage, 4 orders
−$52.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$74.58
Spread needed to break even
0.675%
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
−0.0931%
Per $10,000 a day
−$27.94
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 Bybit live order book, 5 min ago3.03 bp25.4 bp −$25242.8 bp −$2,428doesn't fitdoesn't fit
Sell MEXC live order book, 13 min ago3.37 bp12.3 bp −$1237.1 bp −$371303.0 bp −$30.3Kdoesn't fit

ORCA price on every exchange

against the cheapest. Click to use as the short leg.
Bybit1.4849cheapest
Kraken Futures1.4856+0.050%BingX1.4860+0.074%Variational Omni1.4864+0.103%Extended1.4869+0.134%Bitget1.4870+0.141%BloFin1.4870+0.141%Aster1.4873+0.160%Gate1.4874+0.168%Binance1.4880+0.209%
MEXC1.4880+0.209%
KuCoin1.4911+0.418%

ORCA on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ORCAUSDTlong0.000%+0.1031%4h$2.1M$1.2M25x
Kraken Futures PF_ORCAUSD+0.050%−0.1518%1h$9K$15K10xas long as short
BingX ORCA-USDT+0.074%+0.1070%4h—$6.6M—as long as short
Variational Omni ORCA+0.103%+0.1742%4h$28K$11K—as long as short
Extended ORCA-USD+0.134%+0.0104%1h$3K$155K5xas long as short
Bitget ORCAUSDT+0.141%+0.0100%4h$723K$529K25xas long as short
BloFin ORCA-USDT+0.141%+0.0089%4h$242K$185K50xas long as short
Aster ORCAUSDT+0.160%+0.0100%4h$43K$45K5xas long as short
Gate ORCA_USDT+0.168%+0.0100%4h$126K$42K25xas long as short
Binance ORCAUSDT+0.209%+0.0100%4h$3.5M$5.1M50xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC ORCA_USDTshort+0.209%+0.0100%4h$682K$152K20x
KuCoin ORCAUSDTM+0.418%+0.0606%4h$572K$202K30xas long as short