Settings8H · net · $10k
Funding arb · Price arb /

ORCA

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Aster against Extended+0.073%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.073% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ORCA-USD1.50840.0104pay 0.0013% / 1h27m 01s$3K$155K5x
ShortAster ORCAUSDT1.50950.0100get 0.0050% / 4h2h 27m$44K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.073% → 0.000%
$7.29
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$6.55
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 58 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 58 min ago6.76 bp37.3 bp −$37265.6 bp −$2,656doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORCA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORCAUSD−0.0790%1h1.5096+0.081%$9K$15K10xas long as short
BingX ORCA-USDT+0.0070%4h1.5070−0.092%$6.6Mas long as short
BloFin ORCA-USDT+0.0081%4h1.5080−0.026%$234K$58K50xas long as short
Aster ORCAUSDTshort+0.0100%4h1.5095+0.073%$44K$44K5x
Binance ORCAUSDT+0.0100%4h1.5087+0.022%$3.5M$5.3M50xas long as short
Gate ORCA_USDT+0.0100%4h1.5093+0.060%$127K$46K25xas long as short
MEXC ORCA_USDT+0.0100%4h1.5080−0.026%$691K$147K20xas long as short
KuCoin ORCAUSDTM+0.0100%4h1.5111+0.180%$577K$204K30xas long as short
Bitget ORCAUSDT+0.0100%4h1.5080−0.026%$707K$507K25xas long as short
Extended ORCA-USDlong+0.0104%1h1.5084long leg$3K$155K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ORCAUSDT+0.1933%4h1.5067−0.112%$2.1M$1.3M25xas long as short
Variational Omni ORCA+0.1945%4h1.5068−0.103%$29K$11Kas long as short