ORCA funding rates
ORCA perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 158%long Variational, short Aster · net 156%
- Highest funding now
- 10.9%AsAster
- Lowest funding now
- 8.8%ExExtended
- Listed on
- 8 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AsAster | ORCAUSDT | 10.9% | 10.2% | −122% | −28.5% | −144% | 18% | 4h | 04:00 | 2.37 | $171k | $159k | AsAster | ||
| ByBybitCEX | ORCAUSDT | 10.9% | 10.9% | −241% | −49.0% | −283% | 33% | 4h | 04:00 | 2.37 | $5.7M | $5.9M | ByBybit | ||
| BgBitgetCEX | ORCAUSDT | 10.9% | 10.9% | −126% | −26.7% | −149% | 23% | 4h | 04:00 | 2.37 | $1.6M | $1.5M | BgBitget | ||
| GtGateCEX | ORCA_USDT | 10.9% | 0.8% | −132% | −22.1% | −154% | 8% | 4h | 04:00 | 2.37 | $1.1M | $611k | GtGate | ||
| VaVariational | ORCA | 10.9% | 10.9% | −280% | −61.6% | −329% | 32% | 4h | — | 2.37 | $106k | $76k | VaVariational | ||
| BnBinanceCEX | ORCAUSDT | 8.8% | −1.9% | −60.6% | −11.3% | — | 14% | 4h | 04:00 | 2.37 | $7.4M | $17.5M | BnBinance | ||
| ExExtended | ORCA-USD | 8.8% | −1.4% | −136% | −32.1% | −158% | 8% | 1h | 03:00 | 2.37 | $37k | $86k | ExExtended | ||
| MxMEXCCEX | ORCA_USDT | 8.8% | −3.6% | −126% | −30.1% | −147% | 8% | 4h | 04:00 | 2.37 | $1.2M | $477k | MxMEXC |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| VaVariational | AsAster | 0.0% | −0.8% | 158% | 33.1% | 156% | 234% | 0.2d | cooling | $106k | spread not incl. | VaAs | calc | |
| VaVariational | MxMEXCCEX | −2.2% | −14.5% | 154% | 31.6% | 153% | 229% | <0.1d | cooling | $106k | spread not incl. | VaMx | calc | |
| VaVariational | BgBitgetCEX | 0.0% | 0.0% | 154% | 34.9% | 151% | 227% | 0.3d | cooling | $106k | spread not incl. | VaBg | calc | |
| VaVariational | GtGateCEX | 0.0% | −10.2% | 148% | 39.5% | 144% | 217% | 0.4d | cooling | $106k | spread not incl. | VaGt | calc | |
| ByBybitCEX | AsAster | 0.0% | −0.8% | 119% | 20.5% | 114% | 171% | 0.6d | cooling | $171k | ByAs | calc | ||
| ByBybitCEX | MxMEXCCEX | −2.2% | −14.5% | 115% | 18.9% | 111% | 166% | 0.5d | cooling | $1.2M | ByMx | calc | ||
| ByBybitCEX | BgBitgetCEX | 0.0% | 0.0% | 115% | 22.2% | 109% | 164% | 0.7d | cooling | $1.6M | ByBg | calc | ||
| ByBybitCEX | GtGateCEX | 0.0% | −10.2% | 109% | 26.9% | 102% | 153% | 0.9d | cooling | $1.1M | ByGt | calc | ||
| VaVariational | ExExtended | −2.2% | −12.3% | 145% | 29.6% | 143% | 215% | 0.1d | cooling | $37k | low OI4h/1hspread not incl. | VaEx | calc | |
| ByBybitCEX | ExExtended | −2.2% | −12.3% | 105% | 16.9% | 101% | 152% | 0.6d | cooling | $37k | low OI4h/1h | ByEx | calc | |
| VaVariational | BnBinanceCEX | −2.2% | −12.9% | 97.3% | 11.9% | 94.7% | 142% | 0.4d | mixed | $106k | spread not incl. | VaBn | calc | |
| VaVariational | ByBybitCEX | 0.0% | 0.0% | 39.3% | 12.7% | 36.4% | 54.6% | 1.0d | cooling | $106k | spread not incl. | VaBy | calc | |
| ByBybitCEX | BnBinanceCEX | −2.2% | −12.9% | 63.8% | 1.7% | 58.3% | 87.5% | 1.2d | mixed | $5.7M | ByBn | calc | ||
| BnBinanceCEX | BgBitgetCEX | 2.2% | 12.9% | 17.1% | 6.2% | 11.4% | 17.1% | 4.7d | new | $1.6M | BnBg | calc | ||
| ExExtended | AsAster | 2.2% | 11.6% | 13.5% | 3.5% | 10.1% | 15.2% | 3.5d | steady | $37k | low OI1h/4h | ExAs | calc | |
| GtGateCEX | AsAster | 0.0% | 9.4% | 9.9% | −6.4% | 3.9% | 5.8% | 8.5d | cooling | $171k | GtAs | calc | ||
| ExExtended | BgBitgetCEX | 2.2% | 12.3% | 9.8% | 5.3% | 5.3% | 8.0% | 6.3d | steady | $37k | low OI1h/4h | ExBg | calc | |
| ExExtended | MxMEXCCEX | 0.0% | −2.2% | 9.3% | 2.0% | 6.9% | 10.4% | 3.5d | mixed | $37k | low OI1h/4h | ExMx | calc | |
| ExExtended | BnBinanceCEX | 0.0% | −0.5% | 6.5% | 1.0% | 2.5% | 3.8% | 8.5d | new | $37k | low OI1h/4h | ExBn | calc | |
| MxMEXCCEX | AsAster | 2.2% | 13.8% | 4.2% | 1.5% | 1.1% | 1.6% | 10d | mixed | $171k | MxAs | calc | ||
| GtGateCEX | MxMEXCCEX | −2.2% | −4.4% | 5.6% | −7.9% | 0.7% | 1.0% | 12d | mixed | $1.1M | GtMx | calc | ||
| GtGateCEX | BnBinanceCEX | −2.2% | −2.7% | 6.2% | −9.5% | −0.3% | −0.5% | 15d | mixed | $1.1M | GtBn | calc | ||
| GtGateCEX | BgBitgetCEX | 0.0% | 10.2% | 6.1% | −4.6% | −0.9% | −1.4% | 16d | cooling | $1.1M | GtBg | calc | ||
| BnBinanceCEX | AsAster | 2.2% | 12.1% | 3.7% | 1.2% | −1.0% | −1.6% | 18d | mixed | $171k | BnAs | calc | ||
| MxMEXCCEX | BnBinanceCEX | 0.0% | 1.6% | 0.7% | 0.2% | −3.0% | −4.5% | 77d | new | $1.2M | MxBn | calc | ||
| BgBitgetCEX | AsAster | 0.0% | −0.8% | 3.7% | −1.8% | −1.5% | −2.2% | 20d | mixed | $171k | BgAs | calc | ||
| MxMEXCCEX | BgBitgetCEX | 2.2% | 14.5% | 0.5% | 3.3% | −3.7% | −5.5% | 115d | weak | $1.2M | MxBg | calc | ||
| ExExtended | GtGateCEX | 2.2% | 2.2% | 3.6% | 10.0% | −1.6% | −2.4% | 20d | mixed | $37k | low OI1h/4h | ExGt | calc | |
| MxMEXCCEX | GtGateCEX | 2.2% | 4.4% | −5.6% | 7.9% | −10.6% | −15.9% | — | mixed | $1.1M | MxGt | calc | ||
| BnBinanceCEX | GtGateCEX | 2.2% | 2.7% | −6.2% | 9.5% | −12.7% | −19.1% | — | mixed | $1.1M | BnGt | calc | ||
| BnBinanceCEX | ByBybitCEX | 2.2% | 12.9% | −63.8% | −1.7% | −69.3% | −104% | — | mixed | $5.7M | BnBy | calc | ||
| BnBinanceCEX | VaVariational | 2.2% | 12.9% | −97.3% | −11.9% | −99.9% | −150% | — | mixed | $106k | spread not incl. | BnVa | calc | |
| MxMEXCCEX | ByBybitCEX | 2.2% | 14.5% | −115% | −18.9% | −119% | −178% | — | mixed | $1.2M | MxBy | calc | ||
| MxMEXCCEX | VaVariational | 2.2% | 14.5% | −154% | −31.6% | −155% | −232% | — | mixed | $106k | spread not incl. | MxVa | calc | |
| ExExtended | ByBybitCEX | 2.2% | 12.3% | −105% | −16.9% | −110% | −164% | — | mixed | $37k | low OI1h/4h | ExBy | calc | |
| ExExtended | VaVariational | 2.2% | 12.3% | −145% | −29.6% | −146% | −219% | — | mixed | $37k | low OI1h/4hspread not incl. | ExVa | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 02:32 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on Extended at 2.36725, sell on Bybit at 2.3728: 0.234% before fees, 0.074% after taker fees.
| Buy ↓ · Sell → | ByBybit2.3728 | VaVariational2.37272 | GtGate2.3722 | AsAster2.372 | BgBitget2.372 | BnBinance2.371 | MxMEXC2.371 | ExExtended2.36725 |
|---|---|---|---|---|---|---|---|---|
| ExExtended2.36725 | 0.234% | 0.231% | 0.209% | 0.201% | 0.201% | 0.158% | 0.158% | — |
| BnBinance2.371 | 0.076% | 0.073% | 0.051% | 0.042% | 0.042% | — | 0.000% | −0.158% |
| MxMEXC2.371 | 0.076% | 0.073% | 0.051% | 0.042% | 0.042% | 0.000% | — | −0.158% |
| AsAster2.372 | 0.034% | 0.030% | 0.008% | — | 0.000% | −0.042% | −0.042% | −0.201% |
| BgBitget2.372 | 0.034% | 0.030% | 0.008% | 0.000% | — | −0.042% | −0.042% | −0.201% |
| GtGate2.3722 | 0.025% | 0.022% | — | −0.008% | −0.008% | −0.051% | −0.051% | −0.209% |
| VaVariational2.37272 | 0.003% | — | −0.022% | −0.030% | −0.030% | −0.073% | −0.073% | −0.231% |
| ByBybit2.3728 | — | −0.003% | −0.025% | −0.034% | −0.034% | −0.076% | −0.076% | −0.234% |
All quotes (8)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 2.372 | 2.372 | mark | 4m | $159k | no FX |
| BnBinanceCEX | 2.371 | 2.371 | mark | 3m | $17.5M | no FX |
| BgBitgetCEX | 2.372 | 2.372 | mark | 3m | $1.5M | no FX |
| ByBybitCEX | 2.3728 | 2.3728 | mark | 3m | $5.9M | no FX |
| ExExtended | 2.36725 | 2.36725 | mark | 4m | $86k | |
| GtGateCEX | 2.3722 | 2.3722 | mark | 3m | $611k | no FX |
| MxMEXCCEX | 2.371 | 2.371 | mark | 2m | $477k | no FX |
| VaVariational | 2.37272 | 2.37272 | mark | 4m | $76k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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