Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.026%
Price spread now: KuCoin against Extended+0.099%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$548as in the Price arb table
costs, in and out, $10k−$5465.461% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.099%, 7d avg +0.116%
=Together, before fees+0.140%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORCA-USD | 1.4952 | 0.0104 | pay 0.0013% / 1h | 45m 09s | $1K | $103K | 5x |
| Short | KuCoin ORCAUSDTM | 1.4967 | 0.0100 | get 0.0050% / 4h | 1h 45m | $568K | $203K | 30x |
Extended ORCA-USD
KuCoin ORCAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.099% → +0.116%
- −$1.69
- Slippage, 4 orders
- −$529.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$548.62
- Costs to cover
- 5.461%
- Break-even
- never at this rate
Slippage from Extended: live order book, 60 min ago; KuCoin: live order book, 74 min ago.
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 Extended live order book, 60 min ago | 6.61 bp | 37.3 bp −$37 | 261.2 bp −$2,612 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 7.68 bp | 243.2 bp −$243 | doesn't fit | doesn't fit | doesn't fit |
ORCA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0184% | 1h | 1.4978 | +0.176% | $9K | $10K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.4940 | −0.082% | — | $6.6M | — | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.4957 | +0.029% | $44K | $38K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.4968 | +0.104% | $3.4M | $5.6M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4967 | +0.099% | $125K | $36K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.4950 | −0.015% | $691K | $122K | 20x | as long as short |
| KuCoin ORCAUSDTMshort | +0.0100% | 4h | 1.4967 | +0.099% | $568K | $203K | 30x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4940 | −0.082% | $670K | $683K | 25x | as long as short |
| Extended ORCA-USDlong | +0.0104% | 1h | 1.4952 | long leg | $1K | $103K | 5x | |
| BloFin ORCA-USDT | +0.0121% | 4h | 1.4980 | +0.186% | $224K | $61K | 50x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
Bitget ORCAUSDT
BloFin ORCA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | +0.0573% | 4h | 1.4930 | −0.146% | $28K | $9K | — | as long as short |
| Bybit ORCAUSDT | +0.0707% | 4h | 1.4942 | −0.068% | $2.0M | $1.6M | 25x | as long as short |
Variational Omni ORCA
Bybit ORCAUSDT