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: Bybit against Bitget0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now 0.000%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CAKEUSDT | 2.5450 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $2.7M | $2.8M | 75x |
| Short | Bybit CAKEUSDT | 2.5450 | 0.0100 | get 0.0050% / 4h | 1h 57m | $5.3M | $4.1M | 50x |
Bitget CAKEUSDT
Bybit CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → −0.013%
- $1.28
- Slippage, 4 orders
- −$42.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.32
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: 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 | 2.55 bp | 9.2 bp −$9 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.97 bp | 22.4 bp −$22 | 50.4 bp −$504 | 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 | +0.0015% | 4h | 2.5428 | −0.086% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.039% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5469 | +0.075% | $3.2M | $3.3M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5450 | −0.002% | $2.4M | $89K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5462 | +0.047% | $18.3M | $38.7M | 75x | as long as short |
| Bybit CAKEUSDTshort | +0.0100% | 4h | 2.5450 | 0.000% | $5.3M | $4.1M | 50x | |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5417 | −0.130% | $887K | $761K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5427 | −0.090% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5444 | −0.024% | $2.5M | $5.7M | 50x | as long as short |
| Bitget CAKEUSDTlong | +0.0100% | 4h | 2.5450 | long leg | $2.7M | $2.8M | 75x |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance 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 | 2.5445 | −0.020% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5434 | −0.062% | $542K | $491K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5443 | −0.028% | $13K | $697K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0104% | 4h | 2.5430 | −0.079% | $995K | $355K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5430 | −0.080% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0773% | 1h | 2.5582 | +0.517% | $57K | $37K | 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