data as of
Settings8H · net · $10k
Price arb /

ORCA

all ORCA markets
SwapFunding view
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Spread before costs (cost unknown: a leg has no order-book sample)+0.309%
7d averageif it closes, per $10,000$31funding while held, a day−$41.98
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORCA1.50110.1503pay 0.0752% / 4h13m 05s$28K$10K
ShortExtended ORCA-USD1.50580.0104get 0.0013% / 1h13m 05s$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
$30.94
Funding while held
−$41.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.04
Spread needed to break even
0.050%
Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 36 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.1399%
Per $10,000 a day
$41.98
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 Variational Omni no order-book sample
Sell Extended live order book, 36 min ago5.95 bp35.6 bp −$36253.1 bp −$2,531doesn't fitdoesn'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.

ORCA on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ORCAlong0.000%+0.1503%4h$28K$10K
Bybit ORCAUSDT+0.205%+0.1386%4h$2.1M$1.2M25xas long as short
Kraken Futures PF_ORCAUSD+0.286%−0.0815%1h$11K$14K10xas long as short
Extended ORCA-USDshort+0.309%+0.0104%1h$3K$155K5x
Binance ORCAUSDT+0.325%+0.0100%4h$3.7M$4.9M50xas long as short
MEXC ORCA_USDT+0.325%+0.0100%4h$690K$157K20xas long as short
Bitget ORCAUSDT+0.325%+0.0100%4h$722K$497K25xas long as short
BingX ORCA-USDT+0.325%+0.1262%4h$6.6Mas long as short
Gate ORCA_USDT+0.345%+0.0100%4h$127K$41K25xas long as short
BloFin ORCA-USDT+0.392%−0.0200%4h$261K$185K50xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster ORCAUSDT+0.409%+0.0100%4h$44K$48K5xas long as short
KuCoin ORCAUSDTM+0.485%+0.0476%4h$547K$177K30xas long as short