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: Variational Omni against KuCoin+0.206%7-day average −0.057% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.206%, 7d avg −0.057%
=Together, before fees−0.250%+ Points / potential airdropVariational Omni: Active · farm board−$25 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: Variational Omni is 0.263% dearer against KuCoin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CAKEUSDTM | 2.5044 | 0.0100 | pay 0.0050% / 4h | 27m 40s | $2.4M | $5.4M | 50x |
| Short | Variational Omni CAKE | 2.5096 | 0.0100 | get 0.0050% / 4h | 27m 40s | $521K | $469K | — |
KuCoin CAKEUSDTM
Variational Omni CAKEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.206% → −0.057%
- $26.31
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.31
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 5 min ago; Variational Omni: RFQ quote, 31 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 KuCoin live order book, 5 min ago | 4.98 bp | 30.4 bp −$30 | 145.1 bp −$1,451 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 6.71 bp | doesn't fit | 69.2 bp −$692 | 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 | −0.0003% | 1h | 2.5092 | +0.192% | $11K | $678K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0018% | 4h | 2.5052 | +0.032% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.581% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5066 | +0.088% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5071 | +0.109% | $2.4M | $79K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5048 | +0.016% | $17.9M | $31.2M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5022 | −0.088% | $5.2M | $3.6M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5041 | −0.012% | $872K | $642K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5041 | −0.012% | $13.3M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTMlong | +0.0100% | 4h | 2.5044 | long leg | $2.4M | $5.4M | 50x |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
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 | 2.5071 | +0.108% | $2.6M | $2.3M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5042 | −0.008% | — | $3.8M | — | as long as short |
| Variational Omni CAKEshort | +0.0100% | 4h | 2.5096 | +0.206% | $521K | $469K | — | |
| BloFin CAKE-USDT | +0.0109% | 4h | 2.5105 | +0.244% | $995K | $363K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.5077 | +0.130% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0750% | 1h | 2.5088 | +0.175% | $53K | $38K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD