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: Aster against Bitget+0.019%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.019%, 7d avg +0.071%
=Together, before fees+0.001%+ Points / potential airdropAster: Stage 5 · farm board$0 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 0.052% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CAKEUSDT | 2.5465 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $2.7M | $3.0M | 75x |
| Short | Aster CAKEUSDT | 2.5470 | 0.0100 | get 0.0050% / 4h | 2h 42m | $2.4M | $99K | 10x |
Bitget CAKEUSDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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: +0.019% → +0.071%
- −$5.23
- Slippage, 4 orders
- −$51.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$77.05
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 1 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 Bitget live order book, 5 min ago | 1.38 bp | 10.7 bp −$11 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 4.12 bp | 24.0 bp −$24 | 1688.4 bp −$16.9K | 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 | +0.0006% | 4h | 2.5454 | −0.043% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.098% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5490 | +0.098% | $3.1M | $3.3M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5470 | +0.019% | $2.4M | $99K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5454 | −0.043% | $18.2M | $39.0M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5450 | −0.059% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5446 | −0.075% | $887K | $858K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5456 | −0.035% | $14.2M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5465 | 0.000% | $2.5M | $5.7M | 50x | as long as short |
| Bitget CAKEUSDTlong | +0.0100% | 4h | 2.5465 | long leg | $2.7M | $3.0M | 75x |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | 2.5448 | −0.067% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5430 | −0.137% | $543K | $497K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5457 | −0.031% | $13K | $696K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0104% | 4h | 2.5459 | −0.024% | $996K | $352K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5461 | −0.017% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0497% | 1h | 2.5506 | +0.162% | $57K | $38K | 10x | as long as short |
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD