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 Bitget−0.024%7-day average −0.038% · 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)−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.024%, 7d avg −0.038%
=Together, before fees+0.150%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CAKEUSDT | 2.5121 | 0.0100 | pay 0.0050% / 4h | 57m 04s | $2.6M | $2.3M | 75x |
| Short | Variational Omni CAKE | 2.5115 | 0.0100 | get 0.0050% / 4h | 57m 04s | $521K | $469K | — |
Bitget CAKEUSDT
Variational Omni CAKEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.024% → −0.038%
- $1.3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.7
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 2 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 Bitget live order book, 5 min ago | 2.39 bp | 14.9 bp −$15 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 6.71 bp | doesn't fit | 69.2 bp −$692 | 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 | +0.0014% | 4h | 2.5092 | −0.115% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.270% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5127 | +0.024% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5113 | −0.032% | $2.4M | $72K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5097 | −0.096% | $17.9M | $31.3M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5094 | −0.107% | $5.2M | $3.6M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5080 | −0.163% | $874K | $640K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5098 | −0.092% | $13.6M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5105 | −0.064% | $2.4M | $5.5M | 50x | as long as short |
| Bitget CAKEUSDTlong | +0.0100% | 4h | 2.5121 | long leg | $2.6M | $2.3M | 75x |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
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 | 2.5103 | −0.072% | — | $3.7M | — | as long as short |
| Variational Omni CAKEshort | +0.0100% | 4h | 2.5115 | −0.024% | $521K | $469K | — | |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5133 | +0.048% | $11K | $680K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0154% | 4h | 2.5086 | −0.139% | $1.0M | $367K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.5101 | −0.079% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0746% | 1h | 2.5222 | +0.403% | $54K | $37K | 10x | as long as short |
BingX CAKE-USDT
ApeX Omni CAKEUSDT
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD