CAKE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin−0.060%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1491.490% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.060%, 7d avg −0.049%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CAKEUSDTM	2.4923	0.0086	pay 0.0043% / 4h	3h 39m	$2.4M	$5.1M	50x
Short	Gate CAKE_USDT	2.4908	0.0100	get 0.0050% / 4h	3h 39m	$889K	$589K	75x

Funding history

latest

Range statsloading…

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now −0.060%Rate

Slippage from KuCoin: live order book, 8 min ago; Gate: live order book, 57 min ago.

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, 8 min ago	3.61 bp	31.9 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 57 min ago	3.01 bp	44.4 bp −$44	109.7 bp −$1,097	doesn't fit	doesn't fit

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
Bybit CAKEUSDT	−0.1758%	4h	2.4908	−0.060%	$5.3M	$3.2M	50x	as long as short
Variational Omni CAKE	−0.0476%	4h	2.4891	−0.129%	$514K	$421K	—	as long as short
Kraken Futures PF_CAKEUSD	−0.0282%	1h	2.4947	+0.097%	$55K	$45K	10x	as long as short
ApeX Omni CAKEUSDT	−0.0144%	1h	2.4946	+0.092%	$11K	$669K	50x	as long as short
Orderly PERP_CAKE_USDC	−0.0138%	4h	2.4918	−0.020%	$7K	$14K	10x	as long as short
Injective CAKE/USDC PERP	+0.0033%	1h	2.5440	+2.074%	$113	$52K	5.5x	as long as short
MEXC CAKE_USDT	+0.0044%	4h	2.4924	+0.004%	$15.2M	$2.9M	125x	as long as short
Binance CAKEUSDT	+0.0044%	4h	2.4929	+0.023%	$17.5M	$27.3M	75x	as long as short
BloFin CAKE-USDT	+0.0053%	4h	2.4910	−0.052%	$987K	$314K	75x	as long as short
KuCoin CAKEUSDTMlong	+0.0086%	4h	2.4923	long leg	$2.4M	$5.1M	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CAKE	+0.0100%	1h	2.4943	+0.080%	$3.1M	$1.8M	3x	as long as short
Aster CAKEUSDT	+0.0100%	4h	2.4947	+0.096%	$2.3M	$107K	10x	as long as short
Gate CAKE_USDTshort	+0.0100%	4h	2.4908	−0.060%	$889K	$589K	75x
Bitget CAKEUSDT	+0.0100%	4h	2.4911	−0.048%	$2.6M	$2.0M	75x	as long as short
BingX CAKE-USDT	+0.0100%	4h	2.4914	−0.036%	—	$3.8M	—	as long as short
GMX CAKE/USD [WBTC.b-USDC]	L +0.0380% / S −0.0214%	1h	2.4966	+0.174%	$37K	—	100x	as long as short