Funding you earn now, next payment 12:00 UTC+0.0954%/8h= +104.5% APRnext payment +$4.77 per $10,000 · paid last 24h +0.357%
Price spread now: Variational Omni against MEXC+0.258%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Variational Omni is 0.258% dearer against MEXC than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORCA_USDT | 1.4910 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $686K | $121K | 20x |
| Short | Variational Omni ORCA | 1.4949 | 0.1054 | get 0.0527% / 4h | 3h 37m | $32K | $13K | — |
MEXC ORCA_USDT
Variational Omni ORCAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- $200.43
- Price spread: +0.258% → 0.000%
- $25.84
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $222.27
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 53 min ago; Variational Omni: no order-book sample. Net counts fees only.
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 MEXC live order book, 53 min ago | 3.36 bp | 15.8 bp −$16 | 45.2 bp −$452 | 413.1 bp −$41.3K | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0602% | 1h | 1.4901 | −0.060% | $9K | $8K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.4900 | −0.067% | — | $6.6M | — | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.4910 | 0.000% | $3.4M | $5.4M | 50x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.4888 | −0.148% | $124K | $36K | 25x | as long as short |
| MEXC ORCA_USDTlong | +0.0100% | 4h | 1.4910 | long leg | $686K | $121K | 20x | |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4910 | 0.000% | $668K | $670K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.4906 | −0.027% | $1K | $206K | 5x | as long as short |
| BloFin ORCA-USDT | +0.0112% | 4h | 1.4930 | +0.134% | $222K | $60K | 50x | as long as short |
| Aster ORCAUSDT | +0.0134% | 4h | 1.4915 | +0.035% | $44K | $33K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.0196% | 4h | 1.4926 | +0.107% | $545K | $202K | 30x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
Binance ORCAUSDT
Gate ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
BloFin ORCA-USDT
Aster ORCAUSDT
KuCoin ORCAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.1000% | 4h | 1.4894 | −0.107% | $2.0M | $1.6M | 25x | as long as short |
| Variational Omni ORCAshort | +0.1054% | 4h | 1.4949 | +0.258% | $32K | $13K | — |
Bybit ORCAUSDT