Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended−0.003%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$990.987% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.003%, 7d avg +0.004%
=Together, before fees+0.069%+ Points / potential airdropExtended: Active · farm board+$7 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 | 1.4870 | 0.0104 | pay 0.0013% / 1h | 29m 07s | $4K | $209K | 5x |
| Short | MEXC ORCA_USDT | 1.4870 | 0.0100 | get 0.0050% / 4h | 3h 29m | $685K | $122K | 20x |
Extended ORCA-USD
MEXC ORCA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.003% → +0.004%
- −$0.76
- Slippage, 4 orders
- −$89.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.31
- Costs to cover
- 0.987%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; MEXC: live order book, 61 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, 2 min ago | 6.53 bp | 40.8 bp −$41 | 254.1 bp −$2,541 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 61 min ago | 3.36 bp | 8.4 bp −$8 | 30.8 bp −$308 | 255.5 bp −$25.5K | 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 | −0.0604% | 1h | 1.4862 | −0.058% | $9K | $8K | 10x | as long as short |
| BloFin ORCA-USDT | +0.0065% | 4h | 1.4880 | +0.064% | $222K | $58K | 50x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.4860 | −0.070% | — | $6.6M | — | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.4874 | +0.026% | $3.4M | $5.4M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4881 | +0.071% | $124K | $36K | 25x | as long as short |
| MEXC ORCA_USDTshort | +0.0100% | 4h | 1.4870 | −0.003% | $685K | $122K | 20x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4870 | −0.003% | $664K | $672K | 25x | as long as short |
| Extended ORCA-USDlong | +0.0104% | 1h | 1.4870 | long leg | $4K | $209K | 5x | |
| Aster ORCAUSDT | +0.0135% | 4h | 1.4879 | +0.054% | $44K | $34K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.0180% | 4h | 1.4885 | +0.098% | $543K | $202K | 30x | as long as short |
Kraken Futures PF_ORCAUSD
BloFin ORCA-USDT
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
Bitget ORCAUSDT
Aster ORCAUSDT
KuCoin ORCAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.0738% | 4h | 1.4853 | −0.118% | $2.0M | $1.6M | 25x | as long as short |
| Variational Omni ORCA | +0.1024% | 4h | 1.4848 | −0.154% | $32K | $13K | — | as long as short |
Bybit ORCAUSDT
Variational Omni ORCA