Spread before costs (cost unknown: a leg has no order-book sample)+0.108%
7d average—if it closes, per $10,000$11funding while held, a day−$57.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCA | 1.5014 | 0.2029 | pay 0.1014% / 4h | 3h 29m | $28K | $11K | — |
| Short | Binance ORCAUSDT | 1.5030 | 0.0100 | get 0.0050% / 4h | 3h 29m | $3.6M | $4.9M | 50x |
Variational Omni ORCA
Binance ORCAUSDTPrice 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
- $10.77
- Funding while held
- −$57.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.09
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1929%
- Per $10,000 a day
- −$57.86
- 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 3.33 bp | 17.6 bp −$18 | 64.3 bp −$643 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1.5014cheapest
Bitget1.5020+0.041%Bybit1.5022+0.054%
Bitget
BybitBinance1.5030+0.108%
MEXC1.5030+0.108%BingX1.5030+0.108%Extended1.5033+0.127%Gate1.5037+0.154%Kraken Futures1.5039+0.167%BloFin1.5050+0.241%Aster1.5054+0.271%KuCoin1.5060+0.308%
MEXC
BingX
Extended
Gate
Kraken Futures
BloFin
Aster
KuCoinORCA on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ORCAlong | 0.000% | +0.2029% | 4h | $28K | $11K | — | |
| Bitget ORCAUSDT | +0.041% | +0.0100% | 4h | $718K | $502K | 25x | as long as short |
| Bybit ORCAUSDT | +0.054% | +0.2124% | 4h | $2.1M | $1.2M | 25x | as long as short |
| Binance ORCAUSDTshort | +0.108% | +0.0100% | 4h | $3.6M | $4.9M | 50x | |
| MEXC ORCA_USDT | +0.108% | +0.0100% | 4h | $684K | $155K | 20x | as long as short |
| BingX ORCA-USDT | +0.108% | +0.2662% | 4h | — | $6.6M | — | as long as short |
| Extended ORCA-USD | +0.127% | +0.0104% | 1h | $3K | $155K | 5x | as long as short |
| Gate ORCA_USDT | +0.154% | +0.0100% | 4h | $127K | $39K | 25x | as long as short |
| Kraken Futures PF_ORCAUSD | +0.167% | −0.1064% | 1h | $9K | $15K | 10x | as long as short |
| BloFin ORCA-USDT | +0.241% | +0.0097% | 4h | $251K | $186K | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ORCAUSDT | +0.271% | +0.0100% | 4h | $44K | $48K | 5x | as long as short |
| KuCoin ORCAUSDTM | +0.308% | +0.0700% | 4h | $569K | $191K | 30x | as long as short |