ORCA funding rates
ORCA perpetual funding is currently quoted across 4 venues, ranging from -428.9% to +10.9% APR. The most reliable delta-neutral pairing for ORCA right now is long Kraken / short Variational at +178.4% net APR (high risk, ~0.5d to break even).
as of 2026-06-12 13:39 UTC
Best delta-neutral pairing
Long Kraken / Short Variational
+178.4% net APR
- Backtested (30d)
- +157.7%
- Stability
- 79.2%
- Risk
- high
- Breakeven
- ~0.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeORCA funding by exchange
| Exchange | Funding APR |
|---|---|
| dYdX | +10.95% |
| Aster | -119.35% |
| Variational | -209.25% |
| Kraken | -428.91% |
Frequently asked
What is the ORCA funding rate right now?
ORCA perpetual funding ranges from -428.91% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Kraken / short Variational at 178.4% net APR.
Which exchange has the highest ORCA funding rate?
dYdX currently has the highest at 10.95% APR. See the full ranking above.