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: Variational Omni against BingX−0.065%7-day average −0.004% · 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)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.065%, 7d avg −0.004%
=Together, before fees+0.332%+ Points / potential airdropVariational Omni: Active · farm board+$33 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 0.062% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.5147 | 0.0100 | pay 0.0050% / 4h | 2h 11m | — | $3.6M | — |
| Short | Variational Omni CAKE | 2.5131 | 0.0100 | get 0.0050% / 4h | 2h 11m | $533K | $460K | — |
BingX CAKE-USDT
Variational Omni CAKEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.065% → −0.004%
- −$6.15
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$16.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 58 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 BingX live order book, 9 min ago | 1.99 bp | 7.6 bp −$8 | 10.3 bp −$103 | 24.5 bp −$2,451 | 49.2 bp −$24.6K |
| Sell Variational Omni RFQ quote, 58 min ago | 4.68 bp | doesn't fit | 62.8 bp −$628 | doesn't fit | doesn't fit |
CAKE on 15 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 | +0.0013% | 4h | 2.5154 | +0.028% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.165% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5179 | +0.127% | $3.1M | $2.6M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5181 | +0.135% | $2.4M | $76K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5152 | +0.020% | $17.9M | $33.8M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5137 | −0.040% | $5.3M | $3.7M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5137 | −0.040% | $876K | $673K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5158 | +0.044% | $13.7M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5160 | +0.052% | $2.4M | $5.5M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5167 | +0.080% | $2.6M | $2.5M | 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
KuCoin CAKEUSDTM
Bitget CAKEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDTlong | +0.0100% | 4h | 2.5147 | long leg | — | $3.6M | — | |
| Variational Omni CAKEshort | +0.0100% | 4h | 2.5131 | −0.065% | $533K | $460K | — | |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5159 | +0.048% | $11K | $683K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0417% / S −0.0269% | 1h | 2.5158 | +0.042% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0833% | 1h | 2.5162 | +0.059% | $54K | $37K | 10x | as long as short |
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD