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: MEXC against Bitget+0.016%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now +0.016%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CAKEUSDT | 2.5469 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $2.7M | $2.9M | 75x |
| Short | MEXC CAKE_USDT | 2.5473 | 0.0100 | get 0.0050% / 4h | 2h 40m | $14.2M | $2.9M | 125x |
Bitget CAKEUSDT
MEXC CAKE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.016% → +0.009%
- $0.68
- Slippage, 4 orders
- −$20.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$35.49
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: 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 Bitget live order book, 2 min ago | 2.95 bp | 13.6 bp −$14 | 37.3 bp −$373 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.20 bp | 4.6 bp −$5 | 31.4 bp −$314 | 113.6 bp −$11.4K | 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 | 2.5464 | −0.020% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.114% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5505 | +0.140% | $3.1M | $3.3M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5469 | +0.001% | $2.4M | $99K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5462 | −0.028% | $18.2M | $38.9M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5458 | −0.043% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5449 | −0.079% | $887K | $858K | 75x | as long as short |
| MEXC CAKE_USDTshort | +0.0100% | 4h | 2.5473 | +0.016% | $14.2M | $2.9M | 125x | |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5462 | −0.027% | $2.5M | $5.7M | 50x | as long as short |
| Bitget CAKEUSDTlong | +0.0100% | 4h | 2.5469 | long leg | $2.7M | $2.9M | 75x |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate 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 | 2.5453 | −0.063% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5450 | −0.074% | $544K | $497K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5457 | −0.047% | $13K | $696K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0146% | 4h | 2.5450 | −0.075% | $995K | $351K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5470 | +0.005% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0497% | 1h | 2.5482 | +0.051% | $56K | $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