Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Aster against ApeX Omni+0.060%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.060%, 7d avg +0.043%
=Together, before fees+0.112%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CAKEUSDT | 2.5457 | 0.0100 | pay 0.0013% / 1h | 46m 55s | $11K | $696K | 50x |
| Short | Aster CAKEUSDT | 2.5472 | 0.0100 | get 0.0050% / 4h | 3h 46m | $2.4M | $78K | 10x |
ApeX Omni CAKEUSDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.060% → +0.043%
- $1.67
- Slippage, 4 orders
- −$66.84
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$83.17
- Costs to cover
- 0.848%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Aster: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 27 min ago | 5.88 bp | 14.4 bp −$14 | 116.6 bp −$1,166 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 4.13 bp | 21.5 bp −$22 | 1860.2 bp −$18.6K | doesn't fit | doesn't fit |
CAKE on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | +0.0022% | 4h | 2.5445 | −0.047% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.067% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0051% | 4h | 2.5442 | −0.059% | $994K | $363K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5482 | +0.098% | $3.2M | $2.7M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5472 | +0.060% | $2.4M | $78K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5455 | −0.006% | $18.2M | $35.6M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5440 | −0.067% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5446 | −0.043% | $891K | $679K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5464 | +0.027% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5452 | −0.020% | $2.5M | $5.5M | 50x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5478 | +0.082% | $2.7M | $2.6M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5447 | −0.039% | — | $3.6M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5401 | −0.220% | $534K | $469K | — | as long as short |
| ApeX Omni CAKEUSDTlong | +0.0100% | 1h | 2.5457 | long leg | $11K | $696K | 50x | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0421% / S −0.0272% | 1h | 2.5458 | +0.005% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0710% | 1h | 2.5468 | +0.043% | $55K | $37K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD