A delta-neutral position would go long on Extended (+2.63%) and short on Variational (+10.95%), collecting roughly 8.3% APR before fees, slippage and margin costs.
Funding is shown both as the venue quotes it and annualised, so venues on different settlement intervals line up.
| Venue | Market | Mark | Funding APR | Per hour | Next | Open interest | 24h vol | Max lev |
|---|---|---|---|---|---|---|---|---|
| ORCAUSDT | $1.44 | +8.02% | +0.0009% | 27m | $28.1K 19.5K ORCA | $8.8K | - | |
Sampled continuously and bucketed to four hours.
| ORCA |
| $1.44 |
| +10.95% |
| +0.0013% |
| 1h |
| $27.6K |
| $2.6K |
| 20× |
| ORCA-USD | $1.44 | +2.63% | +0.0003% | 27m | $2.4K 1.7K ORCA | $0 | 5× |