CAKE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0394%/8h= +43.2% APRnext payment +$0.49 per $10,000 · paid last 24h +0.285%

Price spread now: Kraken Futures against ApeX Omni+0.522%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.805%+$81 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.522% dearer against ApeX Omni than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CAKEUSDT	2.5511	0.0100	pay 0.0013% / 1h	27m 10s	$13K	$696K	50x
Short	Kraken Futures PF_CAKEUSD	2.5644	0.0494	get 0.0062% / 1h	27m 10s	$57K	$38K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.522%Rate

Funding earned: $82.81
Price spread: +0.522% → 0.000%: $52.16
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $114.97
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 61 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 61 min ago	4.50 bp	11.6 bp −$12	98.5 bp −$985	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0010%	4h	2.5568	+0.223%	$7K	$14K	10x	as long as short
Injective CAKE/USDC PERP	+0.0033%	1h	2.5440	−0.278%	$113	$52K	5.5x	as long as short
Aster CAKEUSDT	+0.0100%	4h	2.5559	+0.189%	$2.4M	$99K	10x	as long as short
Binance CAKEUSDT	+0.0100%	4h	2.5579	+0.267%	$18.4M	$38.8M	75x	as long as short
Bybit CAKEUSDT	+0.0100%	4h	2.5543	+0.125%	$5.3M	$4.1M	50x	as long as short
Gate CAKE_USDT	+0.0100%	4h	2.5547	+0.141%	$890K	$859K	75x	as long as short
MEXC CAKE_USDT	+0.0100%	4h	2.5576	+0.255%	$14.3M	$2.9M	125x	as long as short
KuCoin CAKEUSDTM	+0.0100%	4h	2.5571	+0.235%	$2.5M	$5.7M	50x	as long as short
Bitget CAKEUSDT	+0.0100%	4h	2.5574	+0.247%	$2.7M	$2.8M	75x	as long as short
BingX CAKE-USDT	+0.0100%	4h	2.5556	+0.176%	—	$3.5M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CAKE	+0.0100%	4h	2.5504	−0.028%	$545K	$497K	—	as long as short
ApeX Omni CAKEUSDTlong	+0.0100%	1h	2.5511	long leg	$13K	$696K	50x
Hyperliquid CAKE	+0.0109%	1h	2.5613	+0.400%	$3.2M	$3.4M	3x	as long as short
BloFin CAKE-USDT	+0.0157%	4h	2.5567	+0.220%	$995K	$356K	75x	as long as short
GMX CAKE/USD [WBTC.b-USDC]	L +0.0421% / S −0.0272%	1h	2.5569	+0.228%	$38K	—	100x	as long as short
Kraken Futures PF_CAKEUSDshort	+0.0494%	1h	2.5644	+0.522%	$57K	$38K	10x