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: Aster against KuCoin+0.032%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now +0.032%, 7d avg +0.038%
=Together, before fees+0.123%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CAKEUSDTM | 2.5548 | 0.0100 | pay 0.0050% / 4h | 30m 43s | $2.5M | $5.6M | 50x |
| Short | Aster CAKEUSDT | 2.5556 | 0.0100 | get 0.0050% / 4h | 30m 43s | $2.4M | $80K | 10x |
KuCoin CAKEUSDTM
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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: +0.032% → +0.038%
- −$0.65
- Slippage, 4 orders
- −$97.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$118.26
- Costs to cover
- 1.176%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: 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 KuCoin live order book, 2 min ago | 2.54 bp | 26.0 bp −$26 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 4.11 bp | 19.7 bp −$20 | 1688.8 bp −$16.9K | 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 | −0.0029% | 1h | 2.5546 | −0.008% | $13K | $696K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0026% | 4h | 2.5535 | −0.051% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.423% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5559 | +0.043% | $3.2M | $2.7M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5556 | +0.032% | $2.4M | $80K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5511 | −0.145% | $18.3M | $36.1M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5520 | −0.110% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5529 | −0.074% | $891K | $753K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5525 | −0.090% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTMlong | +0.0100% | 4h | 2.5548 | long leg | $2.5M | $5.6M | 50x |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5541 | −0.027% | $2.7M | $2.7M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5525 | −0.090% | — | $3.6M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5522 | −0.102% | $536K | $480K | — | as long as short |
| BloFin CAKE-USDT | +0.0144% | 4h | 2.5524 | −0.094% | $1.0M | $363K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0421% / S −0.0272% | 1h | 2.5552 | +0.014% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0751% | 1h | 2.5567 | +0.073% | $55K | $39K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD