Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against BingX+0.117%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.117%, 7d avg +0.079%
=Together, before fees+0.171%+ Points / potential airdropAster: Stage 5 · farm board+$17 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: Aster is 0.039% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.4927 | 0.0100 | pay 0.0050% / 4h | 5m 22s | — | $3.8M | — |
| Short | Aster CAKEUSDT | 2.4956 | 0.0100 | get 0.0050% / 4h | 5m 22s | $2.3M | $79K | 10x |
BingX CAKE-USDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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: +0.117% → +0.079%
- $3.88
- Slippage, 4 orders
- −$48.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$62.21
- Costs to cover
- 0.661%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Aster: live order book, 3 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 BingX live order book, 5 min ago | 3.40 bp | 9.6 bp −$10 | 12.3 bp −$123 | 28.5 bp −$2,847 | 51.7 bp −$25.9K |
| Sell Aster live order book, 3 min ago | 3.80 bp | 20.1 bp −$20 | 1842.5 bp −$18.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CAKEUSDT | −0.0003% | 1h | 2.4975 | +0.193% | $10K | $679K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0018% | 4h | 2.4941 | +0.056% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +2.058% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.4965 | +0.152% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.4956 | +0.117% | $2.3M | $79K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.4946 | +0.077% | $17.8M | $31.4M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.4922 | −0.020% | $5.2M | $3.6M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.4926 | −0.004% | $869K | $645K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.4948 | +0.084% | $13.3M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.4941 | +0.056% | $2.4M | $5.4M | 50x | as long as short |
ApeX Omni CAKEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.4946 | +0.076% | $2.4M | $2.4M | 75x | as long as short |
| BingX CAKE-USDTlong | +0.0100% | 4h | 2.4927 | long leg | — | $3.8M | — | |
| Variational Omni CAKE | +0.0100% | 4h | 2.4946 | +0.075% | $517K | $469K | — | as long as short |
| BloFin CAKE-USDT | +0.0124% | 4h | 2.4973 | +0.185% | $996K | $356K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0415% / S −0.0269% | 1h | 2.4957 | +0.120% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0753% | 1h | 2.4981 | +0.217% | $52K | $38K | 10x | as long as short |
Bitget CAKEUSDT
Variational Omni CAKE
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD