Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster+0.037%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now +0.037%, 7d avg −0.074%
=Together, before fees−0.176%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.111% dearer against Aster than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5531 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $2.4M | $87K | 10x |
| Short | Bitget CAKEUSDT | 2.5540 | 0.0100 | get 0.0050% / 4h | 1h 03m | $2.7M | $2.8M | 75x |
Aster CAKEUSDT
Bitget CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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: +0.037% → −0.074%
- $11.09
- Slippage, 4 orders
- −$58.77
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.68
- Costs to cover
- 0.788%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Bitget: live order book, 9 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 Aster live order book, 5 min ago | 4.13 bp | 23.2 bp −$23 | 1221.0 bp −$12.2K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 1.97 bp | 23.6 bp −$24 | 46.6 bp −$466 | 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 | +0.0023% | 4h | 2.5517 | −0.054% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.355% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5559 | +0.110% | $3.2M | $2.8M | 3x | as long as short |
| Aster CAKEUSDTlong | +0.0100% | 4h | 2.5531 | long leg | $2.4M | $87K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5520 | −0.042% | $18.3M | $36.9M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5511 | −0.077% | $5.3M | $4.0M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5510 | −0.081% | $893K | $768K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5516 | −0.058% | $14.1M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5526 | −0.018% | $2.5M | $5.7M | 50x | as long as short |
| Bitget CAKEUSDTshort | +0.0100% | 4h | 2.5540 | +0.037% | $2.7M | $2.8M | 75x |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | 2.5516 | −0.058% | — | $3.6M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5447 | −0.329% | $534K | $492K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5461 | −0.273% | $13K | $701K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0155% | 4h | 2.5480 | −0.199% | $996K | $363K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0421% / S −0.0272% | 1h | 2.5529 | −0.008% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0774% | 1h | 2.5530 | −0.004% | $57K | $37K | 10x | as long as short |
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD