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ORCA perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-09-09 12:46 UTC

ORCA is quoted on 5 contracts. The highest funding rate is on Bitget at -104.90% annualised over a 4h rate period, and the lowest is on Bybit at -239.70% — a gap of 134.79 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.

Highest rate now
-104.90%
Bitget · 4h
Lowest rate now
-239.70%
Bybit · 4h
Spread
134.79
points
Highest 30d realised APR
+8.06%
Binance

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BitgetCentralisedORCAUSDT -0.0479%4h -104.90%
no history yet
25x 1.9M
GateCentralisedORCA_USDT -0.0726%4h -158.99%
no history yet
25x 335.3K
BinanceCentralisedORCAUSDT -0.0816%4h -178.60% +8.06%
Annualised · +8.06% · range -47.7% … +11.0% · 98 settlements
50x 15.0M
AsterOn-chainORCAUSDT -0.0850%4h -186.26%
no history yet
71.3K
BybitCentralisedORCAUSDT -0.1095%4h -239.70% -17.78%
Annualised · -17.78% · range -1533.1% … +60.6% · 178 settlements
25x 6.6M

ORCA comparison scope and payment direction

This page retains low-turnover ORCA contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

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Margin ladders

Bitget · ORCAUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 2.5000% 25.00x
2 10000 – 30000 quote 3.0000% 20.00x
3 30000 – 60000 quote 4.0000% 15.00x
4 60000 – 175000 quote 5.0000% 10.00x
5 175000 – 375000 quote 12.0000% 5.00x
6 375000 – 850000 quote 15.0000% 4.00x
7 850000 – 1550000 quote 30.0000% 2.00x
8 1550000 – ∞ quote 60.0000% 1.00x

Gate · ORCA_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 25.00x
2 5000 – 7000 quote 3.0000% 22.00x 25
3 7000 – 10000 quote 3.5000% 20.00x 60
4 10000 – 15000 quote 4.0000% 18.00x 110
5 15000 – 20000 quote 5.0000% 15.00x 260
6 20000 – 30000 quote 6.0000% 12.00x 460
7 30000 – 50000 quote 8.0000% 10.00x 1060
8 50000 – 70000 quote 10.0000% 8.00x 2060
9 70000 – 100000 quote 15.0000% 5.00x 5560
10 100000 – 150000 quote 20.0000% 4.00x 10560
11 150000 – 200000 quote 28.0000% 3.00x 22560
12 200000 – 300000 quote 35.0000% 2.50x 36560
13 300000 – 500000 quote 45.0000% 2.00x 66560
14 500000 – 700000 quote 50.0000% 1.80x 91560
15 700000 – 1000000 quote 60.0000% 1.50x 161560
16 1000000 – 1500000 quote 78.0000% 1.20x 341560
17 1500000 – ∞ quote 90.0000% 1.05x 521560

Binance · ORCAUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x
2 5000 – 10000 quote 2.0000% 25.00x 25
3 10000 – 25000 quote 2.5000% 20.00x 75
4 25000 – 62500 quote 5.0000% 10.00x 700
5 62500 – 125000 quote 10.0000% 5.00x 3825
6 125000 – 250000 quote 12.5000% 4.00x 6950
7 250000 – 500000 quote 16.6700% 3.00x 17375
8 500000 – 7500000 quote 25.0000% 2.00x 59025
9 7500000 – 12500000 quote 50.0000% 1.00x 1934025

Bybit · ORCAUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 25000 quote 2.0000% 25.00x
2 25000 – 50000 quote 2.5000% 20.00x 125
3 50000 – 75000 quote 3.0000% 16.67x 375
4 75000 – 100000 quote 3.5000% 14.29x 750
5 100000 – 125000 quote 4.0000% 12.50x 1250
6 125000 – 150000 quote 4.5000% 11.12x 1875
7 150000 – 175000 quote 5.0000% 10.00x 2625
8 175000 – 200000 quote 5.5000% 9.10x 3500
9 200000 – 225000 quote 6.0000% 8.34x 4500
10 225000 – 250000 quote 6.5000% 7.70x 5625
11 250000 – 275000 quote 7.0000% 7.15x 6875
12 275000 – 300000 quote 7.5000% 6.67x 8250
13 300000 – 325000 quote 8.0000% 6.25x 9750
14 325000 – 350000 quote 8.5000% 5.89x 11375
15 350000 – 375000 quote 9.0000% 5.56x 13125
16 375000 – 850000 quote 11.0000% 4.55x 20625
17 850000 – 950000 quote 13.0000% 3.85x 37625
18 950000 – 1050000 quote 15.0000% 3.34x 56625
19 1050000 – 1150000 quote 17.0000% 2.95x 77625
20 1150000 – 1250000 quote 19.0000% 2.64x 100625
21 1250000 – 1350000 quote 21.0000% 2.39x 125625
22 1350000 – 1450000 quote 23.0000% 2.18x 152625
23 1450000 – 1550000 quote 25.0000% 2.00x 181625
24 1550000 – 1650000 quote 27.0000% 1.86x 212625
25 1650000 – 1750000 quote 29.0000% 1.73x 245625
26 1750000 – 1850000 quote 31.0000% 1.62x 280625
27 1850000 – 1950000 quote 33.0000% 1.52x 317625
28 1950000 – 2050000 quote 35.0000% 1.43x 356625
29 2050000 – 2150000 quote 45.0000% 1.12x 561625
30 2150000 – ∞ quote 60.0000% 1.00x 884125