After costs, if the gap returns to its 7d average, $10k−$344
spread now−0.195%7d average−0.097%fees + slippage, in and out−$334spread needed3.340%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCAUSDTM | 1.4859 | 0.0574 | pay 0.0287% / 4h | 2h 11m | $570K | $203K | 30x |
| Short | MEXC ORCA_USDT | 1.4830 | 0.0100 | get 0.0050% / 4h | 2h 11m | $680K | $153K | 20x |
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
- −$19.52
- Funding while held
- −$14.22
- Slippage, 4 orders
- −$317.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$367.7
- Spread needed to break even
- 3.340%
Slippage from KuCoin: live order book, 29 min ago; MEXC: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0474%
- Per $10,000 a day
- −$14.22
- 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 KuCoin live order book, 29 min ago | 9.08 bp | 224.0 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 20 min ago | 3.37 bp | 12.3 bp −$12 | 37.1 bp −$371 | 303.0 bp −$30.3K | 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 | −0.444% | +0.0979% | 4h | $2.1M | $1.2M | 25x | as long as short |
| Bitget ORCAUSDT | −0.330% | +0.0100% | 4h | $721K | $530K | 25x | as long as short |
| BingX ORCA-USDT | −0.262% | +0.0942% | 4h | — | $6.6M | — | as long as short |
| Binance ORCAUSDT | −0.195% | +0.0100% | 4h | $3.5M | $5.1M | 50x | as long as short |
| MEXC ORCA_USDTshort | −0.195% | +0.0100% | 4h | $680K | $153K | 20x | |
| Aster ORCAUSDT | −0.192% | +0.0100% | 4h | $43K | $45K | 5x | as long as short |
| Extended ORCA-USD | −0.172% | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| Gate ORCA_USDT | −0.155% | +0.0100% | 4h | $126K | $42K | 25x | as long as short |
| Kraken Futures PF_ORCAUSD | −0.132% | −0.1520% | 1h | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDT | −0.061% | +0.0095% | 4h | $242K | $141K | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ORCA | −0.012% | +0.1687% | 4h | $28K | $11K | — | as long as short |
| KuCoin ORCAUSDTMlong | 0.000% | +0.0574% | 4h | $570K | $203K | 30x |
KuCoin ORCAUSDTM
MEXC ORCA_USDT
Bybit
Bitget
BingX
Binance
Aster
Extended
Gate
Kraken Futures
BloFin
Variational Omni