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: Variational Omni against Aster−0.041%7-day average −0.096% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.041%, 7d avg −0.096%
=Together, before fees+0.013%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$1 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: Variational Omni is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5444 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $2.4M | $89K | 10x |
| Short | Variational Omni CAKE | 2.5434 | 0.0100 | get 0.0050% / 4h | 1h 57m | $542K | $491K | — |
Aster CAKEUSDT
Variational Omni CAKEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.041% → −0.096%
- $5.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$2.5
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Variational Omni: RFQ quote, 26 min ago. 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 Aster live order book, 1 min ago | 5.11 bp | 33.1 bp −$33 | 1264.0 bp −$12.6K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 26 min ago | 6.63 bp | doesn't fit | 52.8 bp −$528 | 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 | +0.0015% | 4h | 2.5439 | −0.021% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.017% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0043% | 4h | 2.5436 | −0.033% | $996K | $355K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5444 | −0.002% | $3.1M | $3.3M | 3x | as long as short |
| Aster CAKEUSDTlong | +0.0100% | 4h | 2.5444 | long leg | $2.4M | $89K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5415 | −0.117% | $18.3M | $38.7M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5403 | −0.163% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5419 | −0.100% | $887K | $761K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5415 | −0.116% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5437 | −0.029% | $2.5M | $5.7M | 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 | 2.5430 | −0.057% | $2.7M | $2.8M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5430 | −0.057% | — | $3.5M | — | as long as short |
| Variational Omni CAKEshort | +0.0100% | 4h | 2.5434 | −0.041% | $542K | $491K | — | |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5443 | −0.006% | $13K | $697K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5430 | −0.058% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0773% | 1h | 2.5581 | +0.539% | $57K | $37K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD