ArbiLayer

ORCA arbitrage

live

Live Orca price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.78%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.94%Gate → Bybit
Markets tracked138 venues · 8 perp · 5 spot · 0 DEX
Price range0.97%$3.03 – $3.06

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$3.05Bybit logoBybit$3.06 +0.12%-0.08% -0.17%— -1.768%-3.37% LS Chart →
MEXC logoMEXCspot$3.05Bybit logoBybit$3.06 +0.11%-0.09% -0.19%— -1.768%-3.37% LS Chart →
Bitget logoBitgetspot$3.05Bybit logoBybit$3.06 +0.07%-0.13% -0.23%— -1.768%-3.37% LS Chart →
KuCoin logoKuCoinspot$3.05Bybit logoBybit$3.06 +0.04%-0.16% -0.26%— -1.768%-3.37% LS Chart →
Binance logoBinancespot$3.06Bybit logoBybit$3.06 -0.03%-0.23% -0.33%— -1.768%-3.37% LS Chart →
Gate logoGatespot$3.05Variational logoVariational$3.05 -0.14%-0.34% -0.44%— -1.744%— LS Chart →
MEXC logoMEXCspot$3.05Variational logoVariational$3.05 -0.16%-0.36% -0.45%— -1.744%— LS Chart →
Bitget logoBitgetspot$3.05Variational logoVariational$3.05 -0.20%-0.40% -0.49%— -1.744%— LS Chart →
KuCoin logoKuCoinspot$3.05Variational logoVariational$3.05 -0.23%-0.43% -0.52%— -1.744%— LS Chart →
Binance logoBinancespot$3.06Variational logoVariational$3.05 -0.30%-0.50% -0.59%— -1.744%— LS Chart →
Gate logoGatespot$3.05Aster logoAster$3.04 -0.40%-0.60% -0.52%— -0.685%-4.20% LS Chart →
MEXC logoMEXCspot$3.05Aster logoAster$3.04 -0.42%-0.62% -0.53%— -0.685%-4.20% LS Chart →
Gate logoGatespot$3.05Binance logoBinance$3.04 -0.44%-0.64% -0.55%— -0.691%-3.72% LS Chart →
MEXC logoMEXCspot$3.05Binance logoBinance$3.04 -0.45%-0.65% -0.56%— -0.691%-3.72% LS Chart →
Bitget logoBitgetspot$3.05Aster logoAster$3.04 -0.46%-0.66% -0.57%— -0.685%-4.20% LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ORCA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · ORCAUSDTPerpetual $3.06$3.06$3.06+0.22% -1.768%$106.47M
Bitget logoBitgetPerpetual · ORCAUSDTPerpetual $3.04$3.04$3.04-0.42% -0.806%$68.99M
Gate logoGatePerpetual · ORCA_USDTPerpetual $3.03$3.03$3.03-0.75% -0.716%$57.16M
KuCoin logoKuCoinPerpetual · ORCAUSDTMPerpetual $3.04$3.04$3.04-0.39% -0.818%$14.46M
MEXC logoMEXCPerpetual · ORCA_USDTPerpetual $3.03$3.04$3.03-0.50% -0.683%$11.18M
Gate logoGateSpot · ORCA_USDTSpot $3.05$3.05$3.05+0.04% —$4.77M
Bitget logoBitgetSpot · ORCAUSDTSpot $3.05$3.05$3.05+0.07% —$3.04M
KuCoin logoKuCoinSpot · ORCA-USDTSpot $3.05$3.05$3.05+0.09% —$1.73M
Variational logoVariationalPerpetual · ORCAPerpetual $3.05$3.05$3.050.00% -1.744%$1.43M
Binance logoBinancePerpetual · ORCAUSDTPerpetual $3.04$3.04$3.04-0.34% -0.691%—
Aster logoAsterPerpetual · ORCAUSDTPerpetual $3.04$3.04$3.04-0.28% -0.685%—
Binance logoBinanceSpot · ORCAUSDTSpot $3.06$3.06$3.06+0.20% ——
MEXC logoMEXCSpot · ORCAUSDTSpot $3.05$3.05$3.05+0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ORCA arbitrage explained

Right now Orca (ORCA) trades on 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $3.03 and the highest bid on Bybit perp at $3.06.

The widest ORCA perpetual spread is between Gate and Bybit: long ORCA on Gate at $3.03 and short on Bybit at $3.06 for +0.94% gross, or +0.78% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -1.052% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ORCA route is to buy spot on Gate and short the perpetual on Bybit: +0.12% gross, -0.08% net, with -1.768% a day of funding on the short leg.

Spot–spot ORCA arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows +0.09% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ORCA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ORCA funding rates · ORCA spread charts · Orca price · arbitrage scanner for all coins.

Is there a ORCA arbitrage opportunity right now?

The best ORCA route right now is to buy on Gate → sell on Bybit (Perp–Perp): +0.94% gross and +0.78% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest ORCA?

Gate (perp) has the lowest ORCA ask at $3.03, and Bybit (perp) the highest bid at $3.06. Prices update every 15 seconds on this page.

How many exchanges list ORCA?

ArbiLayer tracks 13 ORCA markets on 8 venues: 8 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage ORCA without transferring coins?

Use two perpetual contracts: go long ORCA on the cheaper exchange (Gate now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

BLAST +21.95%CRO +19.24%ONE +7.71%ESPORTS +5.89%OPENAI +5.54%H100 +4.25%AI +4.20%ANTHROPIC +3.49%SPCX +3.46%EGLD +3.16%FLYBRAIN +3.12%ZIL +2.99%BEN +2.87%CATE +2.86%OURA +2.80%APPSTOCK +2.45%STAMP +2.40%PENGSTOCK +1.78%