Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Aster against Hyperliquid−0.167%7-day average +0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days+0.207%+$21 · spread now −0.167%, 7d avg +0.026%
=Together, before fees+0.235%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$23 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 0.193% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CAKE | 2.5694 | 0.0100 | pay 0.0013% / 1h | 16m 41s | $3.2M | $2.7M | 3x |
| Short | Aster CAKEUSDT | 2.5651 | 0.0100 | get 0.0050% / 4h | 16m 41s | $2.4M | $78K | 10x |
Hyperliquid CAKE
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. 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: −0.167% → +0.026%
- −$19.29
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$36.29
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Aster: live order book, 2 min ago. Net counts fees only.
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 Hyperliquid live order book, 5 min ago | 1.17 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 3.90 bp | 19.4 bp −$19 | 1388.5 bp −$13.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CAKEUSDT | −0.0105% | 1h | 2.5624 | −0.272% | $13K | $698K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0022% | 4h | 2.5628 | −0.257% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.989% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0069% | 4h | 2.5624 | −0.272% | $1.0M | $365K | 75x | as long as short |
| Hyperliquid CAKElong | +0.0100% | 1h | 2.5694 | long leg | $3.2M | $2.7M | 3x | |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5651 | −0.167% | $2.4M | $78K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5650 | −0.171% | $18.4M | $36.0M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5636 | −0.226% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5642 | −0.202% | $895K | $755K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5650 | −0.171% | $14.3M | $2.8M | 125x | as long as short |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5647 | −0.183% | $2.5M | $5.6M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5667 | −0.105% | $2.7M | $2.6M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5647 | −0.183% | — | $3.6M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5587 | −0.418% | $538K | $480K | — | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0422% / S −0.0272% | 1h | 2.5648 | −0.178% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0748% | 1h | 2.5663 | −0.120% | $55K | $39K | 10x | as long as short |
KuCoin CAKEUSDTM
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD