ORCA Funding Rates: Live Across 15 Exchanges

As of 2026-10-03 15:35 UTC, ORCA perpetual funding averages 0.0065% per 8 hours (7.13% APR) across all 15 exchanges that list it, weighted by 24h volume (median 0.0059%). Highest: Bybit at 0.0050% per 4h (10.95% APR). Lowest: KuCoin at -0.0140% per 4h (-30.66% APR). Going long on KuCoin and short on Bybit collects a gross spread of 0.0380% per 8 hours (41.61% APR) before fees.

Long ORCA on KuCoin and short on Bybit for a funding gap of 0.0380% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the ORCA funding rate positive right now?

Mostly yes. ORCA funding is positive on 12 of the 15 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest ORCA funding rate?

Bybit at 0.0050% per 4h (10.95% APR). The lowest is KuCoin at -0.0140% per 4h (-30.66% APR).

What is the ORCA funding arbitrage spread?

The gross spread is 0.0380% per 8 hours (41.61% APR): long ORCA on KuCoin and short on Bybit. Trading fees, slippage and price basis reduce the net return.

How often is ORCA funding paid?

ORCA funding is paid every 4 hours on Bybit, Bitget, Gate, WhiteBIT, WEEX, LBank, XT.COM, Binance, Toobit, MEXC, BingX, Aster, and KuCoin; every hour on Extended and Crypto.com. Rates on this page are also shown as APR so they can be compared directly.