Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.031%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1111.105% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.031%, 7d avg +0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CAKE_USDT | 2.5563 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $892K | $861K | 75x |
| Short | Bitget CAKEUSDT | 2.5571 | 0.0100 | get 0.0050% / 4h | 2h 19m | $2.7M | $2.8M | 75x |
Gate CAKE_USDT
Bitget CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.031% → +0.023%
- $0.81
- Slippage, 4 orders
- −$83.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.71
- Costs to cover
- 1.105%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 2.15 bp | 39.7 bp −$40 | 101.1 bp −$1,011 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.12 bp | 19.3 bp −$19 | 42.3 bp −$423 | 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 | 2.5563 | 0.000% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.481% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5596 | +0.129% | $3.2M | $3.3M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5589 | +0.102% | $2.4M | $90K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5552 | −0.043% | $18.4M | $38.8M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5547 | −0.063% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDTlong | +0.0100% | 4h | 2.5563 | long leg | $892K | $861K | 75x | |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5563 | 0.000% | $14.2M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5572 | +0.035% | $2.5M | $5.7M | 50x | as long as short |
| Bitget CAKEUSDTshort | +0.0100% | 4h | 2.5571 | +0.031% | $2.7M | $2.8M | 75x |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
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 | 2.5557 | −0.023% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5594 | +0.120% | $547K | $497K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5595 | +0.125% | $13K | $696K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0105% | 4h | 2.5569 | +0.023% | $997K | $357K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0421% / S −0.0272% | 1h | 2.5562 | −0.003% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0495% | 1h | 2.5600 | +0.146% | $57K | $38K | 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