Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.032%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.032%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CAKEUSDT | 2.4960 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $17.6M | $30.7M | 75x |
| Short | BingX CAKE-USDT | 2.4952 | 0.0100 | get 0.0050% / 4h | 2h 43m | — | $3.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: −0.032% → −0.013%
- −$1.87
- Slippage, 4 orders
- −$19.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.84
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: 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 Binance live order book, 13 min ago | 1.00 bp | 10.4 bp −$10 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.80 bp | 9.6 bp −$10 | 11.7 bp −$117 | 28.6 bp −$2,863 | 51.1 bp −$25.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.0379% | 4h | 2.4945 | −0.060% | $5.2M | $3.5M | 50x | as long as short |
| ApeX Omni CAKEUSDT | −0.0215% | 1h | 2.4993 | +0.132% | $11K | $678K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | −0.0029% | 4h | 2.4989 | +0.116% | $7K | $14K | 10x | as long as short |
| KuCoin CAKEUSDTM | +0.0028% | 4h | 2.4954 | −0.024% | $2.4M | $5.3M | 50x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.923% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0060% | 4h | 2.4989 | +0.116% | $831K | $316K | 75x | as long as short |
| Variational Omni CAKE | +0.0068% | 4h | 2.4961 | +0.003% | $511K | $460K | — | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.4979 | +0.078% | $3.1M | $2.1M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.4992 | +0.130% | $2.3M | $76K | 10x | as long as short |
| Binance CAKEUSDTlong | +0.0100% | 4h | 2.4960 | long leg | $17.6M | $30.7M | 75x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CAKE_USDT | +0.0100% | 4h | 2.4971 | +0.044% | $867K | $606K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.4959 | −0.004% | $13.2M | $2.8M | 125x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.4983 | +0.092% | $2.5M | $2.3M | 75x | as long as short |
| BingX CAKE-USDTshort | +0.0100% | 4h | 2.4952 | −0.032% | — | $3.8M | — | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.4986 | +0.104% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0702% | 1h | 2.5021 | +0.244% | $52K | $37K | 10x | as long as short |
Binance CAKEUSDT
BingX CAKE-USDT
Bybit CAKEUSDT
ApeX Omni CAKEUSDT
KuCoin CAKEUSDTM
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Variational Omni CAKE
Hyperliquid CAKE
Aster CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
Bitget CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD