Settings8H · net · $10k
Funding arb · Price arb /

CAKE

all CAKE markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CAKEUSDT2.49600.0100pay 0.0050% / 4h2h 43m$17.6M$30.7M75x
ShortBingX CAKE-USDT2.49520.0100get 0.0050% / 4h2h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.00 bp10.4 bp −$1025.3 bp −$253doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago2.80 bp9.6 bp −$1011.7 bp −$11728.6 bp −$2,86351.1 bp −$25.5K

CAKE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CAKEUSDT−0.0379%4h2.4945−0.060%$5.2M$3.5M50xas long as short
ApeX Omni CAKEUSDT−0.0215%1h2.4993+0.132%$11K$678K50xas long as short
Orderly PERP_CAKE_USDC−0.0029%4h2.4989+0.116%$7K$14K10xas long as short
KuCoin CAKEUSDTM+0.0028%4h2.4954−0.024%$2.4M$5.3M50xas long as short
Injective CAKE/USDC PERP+0.0033%1h2.5440+1.923%$113$52K5.5xas long as short
BloFin CAKE-USDT+0.0060%4h2.4989+0.116%$831K$316K75xas long as short
Variational Omni CAKE+0.0068%4h2.4961+0.003%$511K$460Kas long as short
Hyperliquid CAKE+0.0100%1h2.4979+0.078%$3.1M$2.1M3xas long as short
Aster CAKEUSDT+0.0100%4h2.4992+0.130%$2.3M$76K10xas long as short
Binance CAKEUSDTlong+0.0100%4h2.4960long leg$17.6M$30.7M75x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CAKE_USDT+0.0100%4h2.4971+0.044%$867K$606K75xas long as short
MEXC CAKE_USDT+0.0100%4h2.4959−0.004%$13.2M$2.8M125xas long as short
Bitget CAKEUSDT+0.0100%4h2.4983+0.092%$2.5M$2.3M75xas long as short
BingX CAKE-USDTshort+0.0100%4h2.4952−0.032%$3.8M
GMX CAKE/USD [WBTC.b-USDC]L +0.0416% / S −0.0269%1h2.4986+0.104%$37K100xas long as short
Kraken Futures PF_CAKEUSD+0.0702%1h2.5021+0.244%$52K$37K10xas long as short