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: Aster against Bybit+0.109%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1031.030% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now +0.109%, 7d avg +0.089%
=Together, before fees+0.221%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CAKEUSDT | 2.5140 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $5.3M | $3.7M | 50x |
| Short | Aster CAKEUSDT | 2.5167 | 0.0100 | get 0.0050% / 4h | 2h 11m | $2.4M | $76K | 10x |
Bybit CAKEUSDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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: +0.109% → +0.089%
- $2
- Slippage, 4 orders
- −$83.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$100.96
- Costs to cover
- 1.030%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 2 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 Bybit live order book, 1 min ago | 1.99 bp | 23.2 bp −$23 | 72.7 bp −$727 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 3.78 bp | 23.7 bp −$24 | 1445.2 bp −$14.5K | doesn't fit | doesn't fit |
CAKE on 15 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 | 2.5154 | +0.056% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.193% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5175 | +0.139% | $3.1M | $2.6M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5167 | +0.109% | $2.4M | $76K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5152 | +0.046% | $18.0M | $33.8M | 75x | as long as short |
| Bybit CAKEUSDTlong | +0.0100% | 4h | 2.5140 | long leg | $5.3M | $3.7M | 50x | |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5136 | −0.016% | $876K | $673K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5149 | +0.036% | $13.7M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5151 | +0.044% | $2.4M | $5.5M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5159 | +0.076% | $2.6M | $2.5M | 75x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Binance CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | 2.5148 | +0.032% | — | $3.6M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5110 | −0.118% | $535K | $458K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5159 | +0.076% | $11K | $683K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0417% / S −0.0269% | 1h | 2.5158 | +0.070% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0833% | 1h | 2.5161 | +0.085% | $54K | $37K | 10x | as long as short |
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD