Orca

Orca (ORCA) — Funding Rates

Perpetual futures funding rates across exchanges

Orca (ORCA) perpetual futures currently show funding across 13 markets, averaging 0.0407% per interval. The highest rate is 0.5000%.

A positive rate means longs pay shorts — a signal of crowded long positioning; a negative rate means shorts pay longs. Use this page to compare funding across venues and spot markets where the annualized rate is attractive.

Markets with Funding
13
Highest Rate
0.5000%
Lowest Rate
-0.0152%
Total Perp Markets
13

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
BinanceORCA/USDT+0.0050%+0.0%8000h · 8:00:00 AM$1.53$4.38M
BybitORCA/USDT+0.0050%+0.0%8000h · 8:00:00 AM$1.53$1.57M
WhitebitORCA/USDT+0.0050%+0.0%8000h · 8:00:00 AM$1.54$1.52M
XtORCA/USDT+0.0050%+0.0%8000h$1.53$881.86K
BitgetORCA/USDT+0.0004%+0.0%4000h · 8:00:00 AM$1.53$879.59K
BingxORCA/USDT+0.0050%+0.0%4000h · 8:00:00 AM$1.53$851.81K
BitunixORCA/USDT+0.5000%+0.5%8000h · 8:00:00 AM$1.53$225.73K
GateORCA/USDT-0.0024%-0.0%8000h · 12:00:00 AM$1.53$212.3K
KucoinORCA/USDT-0.0152%-0.0%8000h · 8:00:00 AM$1.53$201.21K
MEXCORCA/USDT+0.0050%+0.0%4000h · 8:00:00 AM$1.53$152.63K
PionexORCA/USDT+0.0050%+0.0%8000h · 8:00:00 AM$1.53$38.78K
BlofinORCA/USDT+0.0059%+0.0%8000h · 8:00:00 PM$1.64$33.59K
AsterORCA/USDT+0.0050%+0.0%1000h · 8:00:00 AM$1.53$9.24K

Orca Funding Rate FAQ

What is the ORCA funding rate?expand_more
The funding rate is a periodic payment between longs and shorts on perpetual futures markets. A positive rate means longs pay shorts; a negative rate means shorts pay longs. It keeps the perpetual price anchored to spot.
Why is the funding rate positive or negative?expand_more
When most traders are long, funding turns positive to encourage shorts; when the crowd is short, funding turns negative to encourage longs. Extreme values often signal crowded positioning and potential reversals.
How is APR calculated from the funding rate?expand_more
APR annualizes the rate using the funding interval: rate × (24h / interval hours) × 365. For example, a 0.01% rate paid every 8 hours annualizes to roughly 10.95%.
When is funding paid on ORCA perpetuals?expand_more
Most exchanges settle funding every 8 hours (00:00, 08:00, 16:00 UTC), though some venues use 4-hour or 1-hour intervals. The exact next settlement time is shown next to each market on this page.
What is considered a high funding rate?expand_more
Sustained funding above 0.05-0.1% per interval is elevated and indicates strong directional crowding. Funding arbitrage traders typically look for markets where the annualized rate exceeds holding costs.