ORCA funding rates

ORCA perpetual funding is currently quoted across 4 venues, ranging from -103.5% to -65.9% APR. The most reliable delta-neutral pairing for ORCA right now is long Variational / short Aster at +8.3% net APR (low risk, ~2.3d to break even).

as of 2026-09-11 22:23 UTC
Best delta-neutral pairing
Long Variational / Short Aster
+8.3% net APR
Backtested (30d)
-14.5%
Stability
11.2%
Risk
low
Breakeven
~2.3d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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ORCA funding by exchange

ExchangeFunding APR
Kraken-65.93%
Aster-84.75%
Extended-91.98%
Variational-103.47%

Frequently asked

What is the ORCA funding rate right now?

ORCA perpetual funding ranges from -103.47% to -65.93% APR across 4 exchanges we track; the widest delta-neutral spread is long Variational / short Aster at 8.3% net APR.

Which exchange has the highest ORCA funding rate?

Kraken currently has the highest at -65.93% APR. See the full ranking above.