Funding you earn now, next payment 08:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.77 per $10,000 · paid last 24h −0.354%
Price spread now: Aster against Variational Omni−0.051%7-day average — · you buy dearer than you sell
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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.051% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCA | 1.5035 | 0.0253 | pay 0.0127% / 4h | 3h 11m | $29K | $10K | — |
| Short | Aster ORCAUSDT | 1.5027 | 0.0100 | get 0.0050% / 4h | 3h 11m | $44K | $37K | 5x |
Variational Omni ORCA
Aster ORCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Variational Omni. 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
- −$32.16
- Price spread: −0.051% → 0.000%
- −$5.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$45.28
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Aster: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Variational Omni and Aster: 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 | −0.0729% | 1h | 1.5010 | −0.164% | $9K | $12K | 10x | as long as short |
| BingX ORCA-USDT | +0.0070% | 4h | 1.5020 | −0.099% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0080% | 4h | 1.5010 | −0.165% | $225K | $60K | 50x | as long as short |
| Aster ORCAUSDTshort | +0.0100% | 4h | 1.5027 | −0.051% | $44K | $37K | 5x | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5012 | −0.152% | $3.5M | $5.5M | 50x | as long as short |
| Bybit ORCAUSDT | +0.0100% | 4h | 1.5006 | −0.192% | $2.0M | $1.5M | 25x | as long as short |
| Gate ORCA_USDT | +0.0100% | 4h | 1.5032 | −0.019% | $125K | $37K | 25x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5010 | −0.165% | $698K | $124K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.5045 | +0.067% | $585K | $199K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4990 | −0.298% | $662K | $645K | 25x | as long as short |
Kraken Futures PF_ORCAUSD
BingX ORCA-USDT
BloFin ORCA-USDT
Binance ORCAUSDT
Bybit ORCAUSDT
Gate ORCA_USDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ORCA-USD | +0.0104% | 1h | 1.5006 | −0.190% | $2K | $105K | 5x | as long as short |
| Variational Omni ORCAlong | +0.0253% | 4h | 1.5035 | long leg | $29K | $10K | — |
Extended ORCA-USD