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: MEXC against KuCoin−0.027%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.027%, 7d avg −0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CAKEUSDTM | 2.5499 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $2.5M | $5.5M | 50x |
| Short | MEXC CAKE_USDT | 2.5492 | 0.0100 | get 0.0050% / 4h | 3h 38m | $14.1M | $2.8M | 125x |
KuCoin CAKEUSDTM
MEXC CAKE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.027% → −0.029%
- $0.11
- Slippage, 4 orders
- −$60.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$75.9
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; MEXC: 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 KuCoin live order book, 10 min ago | 3.34 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.59 bp | 4.9 bp −$5 | 34.6 bp −$346 | 113.2 bp −$11.3K | 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 | +0.0024% | 4h | 2.5493 | −0.024% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.231% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5520 | +0.082% | $3.2M | $2.6M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5501 | +0.009% | $2.4M | $78K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5489 | −0.039% | $18.3M | $35.5M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5467 | −0.125% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5482 | −0.067% | $893K | $681K | 75x | as long as short |
| MEXC CAKE_USDTshort | +0.0100% | 4h | 2.5492 | −0.027% | $14.1M | $2.8M | 125x | |
| KuCoin CAKEUSDTMlong | +0.0100% | 4h | 2.5499 | long leg | $2.5M | $5.5M | 50x | |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5511 | +0.047% | $2.7M | $2.6M | 75x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
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 | 2.5485 | −0.055% | — | $3.6M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5461 | −0.149% | $535K | $469K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5484 | −0.059% | $11K | $697K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0124% | 4h | 2.5480 | −0.075% | $996K | $363K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0421% / S −0.0272% | 1h | 2.5498 | −0.004% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0708% | 1h | 2.5537 | +0.147% | $55K | $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