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: KuCoin against BingX+0.047%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$830.830% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.047%, 7d avg +0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.5426 | 0.0100 | pay 0.0050% / 4h | 1h 22m | — | $3.6M | — |
| Short | KuCoin CAKEUSDTM | 2.5438 | 0.0100 | get 0.0050% / 4h | 1h 22m | $2.5M | $5.7M | 50x |
BingX CAKE-USDT
KuCoin CAKEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.047% → +0.043%
- $0.45
- Slippage, 4 orders
- −$60.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$82.52
- Costs to cover
- 0.830%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago | 1.97 bp | 8.3 bp −$8 | 10.2 bp −$102 | 21.0 bp −$2,095 | 42.5 bp −$21.3K |
| Sell KuCoin live order book, 5 min ago | 4.34 bp | 34.9 bp −$35 | 102.8 bp −$1,028 | 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 | +0.0020% | 4h | 2.5427 | +0.004% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +0.055% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5469 | +0.169% | $3.2M | $3.2M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5452 | +0.101% | $2.4M | $87K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5433 | +0.028% | $18.3M | $38.3M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5418 | −0.031% | $5.3M | $4.0M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5422 | −0.016% | $887K | $765K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5432 | +0.024% | $14.1M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTMshort | +0.0100% | 4h | 2.5438 | +0.047% | $2.5M | $5.7M | 50x | |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5440 | +0.055% | $2.7M | $2.8M | 75x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
Bitget CAKEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDTlong | +0.0100% | 4h | 2.5426 | long leg | — | $3.6M | — | |
| Variational Omni CAKE | +0.0100% | 4h | 2.5382 | −0.174% | $533K | $492K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5421 | −0.020% | $13K | $697K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0139% | 4h | 2.5430 | +0.016% | $998K | $354K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5439 | +0.051% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0777% | 1h | 2.5450 | +0.093% | $57K | $37K | 10x | as long as short |
Variational Omni CAKE
ApeX Omni CAKEUSDT
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD