After costs, if the gap returns to its 7d average, $10k−$137
spread now−0.047%7d average+0.053%fees + slippage, in and out−$127spread needed1.275%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCA_USDT | 1.4927 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $126K | $42K | 25x |
| Short | BloFin ORCA-USDT | 1.4920 | 0.0107 | get 0.0054% / 4h | 1h 41m | $239K | $140K | 50x |
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
- −$4.69
- Funding while held
- $0.21
- Slippage, 4 orders
- −$100.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$131.97
- Spread needed to break even
- 1.275%
Slippage from Gate: live order book, 50 min ago; BloFin: live order book, 50 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0007%
- Per $10,000 a day
- +$0.21
- 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 Gate live order book, 50 min ago | 12.12 bp | 41.5 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 3.37 bp | 25.8 bp −$26 | 61.2 bp −$612 | 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 ORCAUSDT | −0.234% | +0.1988% | 4h | $2.1M | $1.3M | 25x | as long as short |
| Variational Omni ORCA | −0.054% | +0.1994% | 4h | $28K | $11K | — | as long as short |
| Binance ORCAUSDT | −0.047% | +0.0100% | 4h | $3.5M | $5.2M | 50x | as long as short |
| Bitget ORCAUSDT | −0.047% | +0.0100% | 4h | $723K | $528K | 25x | as long as short |
| BingX ORCA-USDT | −0.047% | +0.1720% | 4h | — | $6.6M | — | as long as short |
| BloFin ORCA-USDTshort | −0.047% | +0.0107% | 4h | $239K | $140K | 50x | |
| Kraken Futures PF_ORCAUSD | −0.023% | −0.1184% | 1h | $9K | $15K | 10x | as long as short |
| Gate ORCA_USDTlong | 0.000% | +0.0100% | 4h | $126K | $42K | 25x | |
| Extended ORCA-USD | +0.010% | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| MEXC ORCA_USDT | +0.020% | +0.0100% | 4h | $685K | $150K | 20x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ORCAUSDT | +0.042% | +0.0100% | 4h | $44K | $45K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.248% | +0.0534% | 4h | $572K | $204K | 30x | as long as short |
Gate ORCA_USDT
BloFin ORCA-USDT
Bybit
Variational Omni
Binance
Bitget
BingX
Kraken Futures
Extended
MEXC
Aster
KuCoin