Funding you earn now, next payment 08:00 UTC−0.0847%/8h= −92.7% APRnext payment −$4.23 per $10,000 · paid last 24h −0.359%
Price spread now: Gate against Variational Omni−0.080%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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Gate is 0.080% cheaper against Variational Omni than usual: you would sell low and buy high (−$8 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 | 1.4945 | 0.0947 | pay 0.0473% / 4h | 0m 11s | $29K | $10K | — |
| Short | Gate ORCA_USDT | 1.4933 | 0.0100 | get 0.0050% / 4h | 0m 11s | $124K | $36K | 25x |
Variational Omni ORCA
Gate ORCA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$177.87
- Price spread: −0.080% → 0.000%
- −$8.02
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$200.89
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 30 min ago. 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 Gate live order book, 30 min ago | 11.09 bp | 36.1 bp −$36 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ORCA-USDT | +0.0070% | 4h | 1.4950 | +0.034% | — | $6.6M | — | as long as short |
| BloFin ORCA-USDT | +0.0082% | 4h | 1.4970 | +0.167% | $222K | $60K | 50x | as long as short |
| Aster ORCAUSDT | +0.0100% | 4h | 1.4940 | −0.033% | $44K | $38K | 5x | as long as short |
| Binance ORCAUSDT | +0.0100% | 4h | 1.4965 | +0.134% | $3.5M | $5.4M | 50x | as long as short |
| Gate ORCA_USDTshort | +0.0100% | 4h | 1.4933 | −0.080% | $124K | $36K | 25x | |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.4960 | +0.100% | $689K | $125K | 20x | as long as short |
| KuCoin ORCAUSDTM | +0.0100% | 4h | 1.4975 | +0.201% | $566K | $198K | 30x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.4950 | +0.034% | $669K | $664K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.4961 | +0.107% | $1K | $210K | 5x | as long as short |
| Kraken Futures PF_ORCAUSD | +0.0111% | 1h | 1.4952 | +0.047% | $9K | $8K | 10x | as long as short |
BingX ORCA-USDT
BloFin ORCA-USDT
Aster ORCAUSDT
Binance ORCAUSDT
MEXC ORCA_USDT
KuCoin ORCAUSDTM
Bitget ORCAUSDT
Extended ORCA-USD
Kraken Futures PF_ORCAUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ORCAUSDT | +0.0900% | 4h | 1.4941 | −0.027% | $2.0M | $1.5M | 25x | as long as short |
| Variational Omni ORCAlong | +0.0947% | 4h | 1.4945 | long leg | $29K | $10K | — |
Bybit ORCAUSDT