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−$99
spread now−0.064%7d average−0.005%fees + slippage, in and out−$94spread needed0.936%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORCA_USDT1.49700.0100pay 0.0050% / 4h3h 12m$679K$156K20x
ShortExtended ORCA-USD1.49600.0104get 0.0013% / 1h12m 46s$3K$155K5x

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
−$6.39
Funding while held
$0.12
Slippage, 4 orders
−$84.55
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$99.82
Spread needed to break even
0.936%
Slippage from MEXC: live order book, 24 min ago; Extended: live order book, 31 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
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 MEXC live order book, 24 min ago3.33 bp9.9 bp −$1029.1 bp −$291335.3 bp −$33.5Kdoesn't fit
Sell Extended live order book, 31 min ago6.34 bp37.7 bp −$38249.4 bp −$2,494doesn'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−0.639%+0.1909%4h$28K$11Kas long as short
BingX ORCA-USDT−0.134%+0.0884%4h$6.6Mas long as short
Kraken Futures PF_ORCAUSD−0.124%−0.1070%1h$9K$15K10xas long as short
Bybit ORCAUSDT−0.120%+0.0981%4h$2.1M$1.2M25xas long as short
Gate ORCA_USDT−0.107%+0.0100%4h$124K$43K25xas long as short
Bitget ORCAUSDT−0.067%+0.0100%4h$750K$532K25xas long as short
BloFin ORCA-USDT−0.067%+0.0134%4h$247K$185K50xas long as short
Extended ORCA-USDshort−0.064%+0.0104%1h$3K$155K5x
Aster ORCAUSDT−0.054%+0.0100%4h$44K$46K5xas long as short
Binance ORCAUSDT−0.027%+0.0100%4h$3.5M$5.2M50xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC ORCA_USDTlong0.000%+0.0100%4h$679K$156K20x
KuCoin ORCAUSDTM+0.174%+0.0634%4h$565K$200K30xas long as short