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 Gate+0.067%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now +0.067%, 7d avg +0.094%
=Together, before fees+0.244%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.026% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CAKE_USDT | 2.5126 | 0.0100 | pay 0.0050% / 4h | 58m 24s | $875K | $640K | 75x |
| Short | Aster CAKEUSDT | 2.5143 | 0.0100 | get 0.0050% / 4h | 58m 24s | $2.4M | $72K | 10x |
Gate CAKE_USDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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: +0.067% → +0.094%
- −$2.63
- Slippage, 4 orders
- −$99.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$125.14
- Costs to cover
- 1.225%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; Aster: live order book, 5 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 Gate live order book, 63 min ago | 2.79 bp | 35.7 bp −$36 | 129.0 bp −$1,290 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 2.59 bp | 22.3 bp −$22 | 1684.3 bp −$16.8K | 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 | 2.5120 | −0.024% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.250% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5145 | +0.076% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5143 | +0.067% | $2.4M | $72K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5132 | +0.026% | $18.0M | $31.3M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5120 | −0.024% | $5.2M | $3.6M | 50x | as long as short |
| Gate CAKE_USDTlong | +0.0100% | 4h | 2.5126 | long leg | $875K | $640K | 75x | |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5123 | −0.012% | $13.7M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5141 | +0.060% | $2.4M | $5.5M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5143 | +0.068% | $2.6M | $2.3M | 75x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Binance CAKEUSDT
Bybit CAKEUSDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | 2.5119 | −0.028% | — | $3.7M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5115 | −0.044% | $521K | $469K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5133 | +0.028% | $11K | $680K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0152% | 4h | 2.5131 | +0.020% | $1.0M | $368K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.5123 | −0.014% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0746% | 1h | 2.5224 | +0.389% | $54K | $37K | 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