ORCA funding rate on Variational

Funding APR
+10.95%
0.0050% / 4h
Interval
4h
next 04:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
4
listing this pair

Over the last 30 days, ORCA funding on Variational averaged -66.2% APR and stayed positive 77.1% of the time, ranging from -1241.1% to +216.5%. Right now it pays longs pay shorts at +10.9% APR, settled every 4h across 4 venues we track. The most reliable delta-neutral pairing for ORCA right now is long Phoenix / short Extended at +27.8% net APR (low risk, ~5.1d to break even).

as of 2026-10-28 00:35 UTC

ORCA funding history on Variationallast 30d

30d average
-66.24%
Range
-1241% / 217%
% positive
77.1%
Volatility
182.6
Best delta-neutral pairing
Long Phoenix / Short Extended
+27.8% net APR
Backtested (30d)
+58.8%
Stability
97.6%
Risk
low
Breakeven
~5.1d

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

Open this trade
Watch ORCA on Telegram

Not ready to trade? Get a Telegram ping when ORCA's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.

How ORCA funding compares across venues

ExchangeFunding APR
Extended+11.39%
Variational+10.95%
Aster+2.91%
Phoenix-26.28%

Frequently asked

What is the current ORCA funding rate on Variational?

ORCA on Variational is funding at 10.95% APR (0.0050% every 4h), paid longs pay shorts, as of 2026-10-28 00:35 UTC.

How often does Variational pay funding on ORCA?

Every 4 hours.

How do I earn ORCA funding without price risk?

Open a delta-neutral position: long Phoenix and short Extended, currently 27.8% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy