data as of
Settings8H · net · $10k
Price arb /

ORCA

all ORCA markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$230
spread now+0.227%7d average+0.088%fees + slippage, in and out−$244spread needed2.436%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ORCA_USDT1.49520.0100pay 0.0050% / 4h3h 13m$124K$43K25x
ShortKuCoin ORCAUSDTM1.49860.0640get 0.0320% / 4h3h 13m$579K$200K30x

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
$22.74
Funding while held
$16.2
Slippage, 4 orders
−$216.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$204.62
Spread needed to break even
2.436%
Slippage from Gate: live order book, 24 min ago; KuCoin: live order book, 37 min ago.

Cost of waiting

funding view
Funding /8h
+0.0540%
Per $10,000 a day
+$16.20
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 Gate live order book, 24 min ago6.65 bp44.2 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago6.64 bp78.0 bp −$78doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ORCA−0.520%+0.1909%4h$28K$11Kas long as short
BloFin ORCA-USDT−0.214%+0.0154%4h$252K$185K50xas long as short
Bybit ORCAUSDT−0.087%+0.0981%4h$2.1M$1.2M25xas long as short
Kraken Futures PF_ORCAUSD−0.018%−0.1070%1h$9K$15K10xas long as short
MEXC ORCA_USDT−0.013%+0.0100%4h$682K$156K20xas long as short
Bitget ORCAUSDT−0.013%+0.0100%4h$749K$532K25xas long as short
BingX ORCA-USDT−0.013%+0.0834%4h$6.6Mas long as short
Binance ORCAUSDT−0.012%+0.0100%4h$3.5M$5.2M50xas long as short
Gate ORCA_USDTlong0.000%+0.0100%4h$124K$43K25x
Extended ORCA-USD+0.048%+0.0104%1h$3K$155K5xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster ORCAUSDT+0.099%+0.0100%4h$44K$46K5xas long as short
KuCoin ORCAUSDTMshort+0.227%+0.0640%4h$579K$200K30x