Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.9206 | +0.0100 | pay 0.0050% / 4h | 5m 47s | $3.1M | $1.5M | 50x | Long Bybit | |
| SHORT | 1.9207 | +0.0100 | get 0.0050% / 4h | 5m 47s | $1.7M | $31K | 10x | Short Aster≤10% back |
Price gap+0.006%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.078% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$130.0000% /8h now · paid +0.133% over the last 7D
Price−$8spread +0.006% now, avg +0.084% → −0.078% if it goes back
Costs−$1231.225% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.006%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCAKE on 17 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size22.6 / 27.9 bpAt $10k entering Aster costs 27.9 bp, fee and slippage, 1.2× Bybit’s.
- Note: Margin at max leverage$200 + $1,000Bybit 50x, Aster 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 6 payments, −$3.00; short Aster: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.006% vs +0.084%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.7M vs $3.1M OIBoth legs are deep; Aster is the smaller one.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCBybit Yes · Aster NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0064%/8h × 21 periods+$13.34
Price spread+0.006% → +0.084% (7d avg)−$7.78
Slippage, 4 orderslive order books−$103.53
Fee Bybit bp × 2 orders−$11.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$116.97
Costs to cover1.225%Break-even68.4 days
Slippage: Bybit: live order book, 4 min ago; Aster: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.8322.6 bp−$2350.8 bp−$508doesn’t fitdoesn’t fit
SELL · SHORTAster4.6927.9 bp−$28313.1 bp−$3,131doesn’t fitdoesn’t fit
Closing costs about the same again.
CAKE news
posts that mention CAKE, from every exchange| 09-24 18:20 | Phemex | Other | Phemex Futures TradFi Listing: ethereum:0xaea46a60368a7bd060eec7df8cba43b7ef41ad85, ethereum:0x5a98fcbea516cf06857215779fd812ca3bef1b32, $PENDLE, ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6, $CAKE, $INJ 🔹 Trading Zone: Perpetual 🔹 Max Leverage: Up to 50x 🔹 Trading Starts: @Phemex_official on X ↗ |
| 09-24 09:36 | Phemex | Listing | new market CAKEUSDT ($CAKE) seen by our collector |


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