Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against BloFin+0.048%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 3 days (all we have)+0.418%+$42 · spread now +0.048%, 7d avg +0.091%
=Together, before fees+0.304%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.043% cheaper against BloFin than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.091%). If the spread goes back, that is −$4 on $10k: about 4.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CAKE-USDT | 2.5505 | 0.0065 | pay 0.0033% / 4h | 2h 12m | $998K | $356K | 75x |
| Short | Aster CAKEUSDT | 2.5517 | 0.0100 | get 0.0050% / 4h | 2h 12m | $2.4M | $90K | 10x |
BloFin CAKE-USDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- $7.29
- Price spread: +0.048% → +0.091%
- −$4.3
- Slippage, 4 orders
- −$55.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$72.28
- Costs to cover
- 0.753%
- Break-even
- 76.4 days
Slippage from BloFin: live order book, 9 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 BloFin live order book, 9 min ago | 0.19 bp | 8.4 bp −$8 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 3.33 bp | 20.6 bp −$21 | 1771.8 bp −$17.7K | 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 | +0.0013% | 4h | 2.5495 | −0.039% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.255% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDTlong | +0.0065% | 4h | 2.5505 | long leg | $998K | $356K | 75x | |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5521 | +0.063% | $3.2M | $3.3M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5517 | +0.048% | $2.4M | $90K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5497 | −0.031% | $18.3M | $38.6M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5472 | −0.129% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5505 | 0.000% | $890K | $861K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5488 | −0.067% | $14.2M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5513 | +0.031% | $2.5M | $5.7M | 50x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5503 | −0.008% | $2.7M | $2.8M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5485 | −0.078% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5534 | +0.113% | $546K | $497K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5543 | +0.149% | $13K | $697K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5502 | −0.014% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0496% | 1h | 2.5566 | +0.240% | $57K | $38K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD