Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: ApeX Omni against MEXC+0.036%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.393%+$39 · spread now +0.036%, 7d avg +0.031%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.4998 | 0.0100 | pay 0.0050% / 4h | 41m 03s | $13.3M | $2.5M | 125x |
| Short | ApeX Omni CAKEUSDT | 2.5007 | 0.0100 | get 0.0013% / 1h | 41m 03s | $11K | $674K | 50x |
MEXC CAKE_USDT
ApeX Omni CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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: +0.036% → +0.031%
- $0.47
- Slippage, 4 orders
- −$25.8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$39.34
- Costs to cover
- 0.398%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; ApeX Omni: live order book, 62 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 MEXC live order book, 2 min ago | 0.20 bp | 8.4 bp −$8 | 40.7 bp −$407 | 90.4 bp −$9,037 | doesn't fit |
| Sell ApeX Omni live order book, 62 min ago | 4.99 bp | 13.2 bp −$13 | 106.0 bp −$1,060 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | −0.0107% | 4h | 2.5000 | +0.008% | $7K | $14K | 10x | as long as short |
| Bybit CAKEUSDT | −0.0080% | 4h | 2.4990 | −0.032% | $5.2M | $3.3M | 50x | as long as short |
| KuCoin CAKEUSDTM | +0.0016% | 4h | 2.5010 | +0.048% | $2.4M | $5.2M | 50x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.768% | $113 | $52K | 5.5x | as long as short |
| Variational Omni CAKE | +0.0068% | 4h | 2.4995 | −0.011% | $511K | $410K | — | as long as short |
| BloFin CAKE-USDT | +0.0075% | 4h | 2.5001 | +0.012% | $990K | $311K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5018 | +0.080% | $3.1M | $1.8M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5016 | +0.074% | $2.4M | $76K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.4992 | −0.024% | $17.7M | $28.7M | 75x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.4985 | −0.052% | $880K | $563K | 75x | as long as short |
Orderly PERP_CAKE_USDC
Bybit CAKEUSDT
KuCoin CAKEUSDTM
Injective CAKE/USDC PERP
Variational Omni CAKE
BloFin CAKE-USDT
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Gate CAKE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CAKE_USDTlong | +0.0100% | 4h | 2.4998 | long leg | $13.3M | $2.5M | 125x | |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5019 | +0.084% | $2.5M | $2.1M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5003 | +0.020% | — | $3.8M | — | as long as short |
| ApeX Omni CAKEUSDTshort | +0.0100% | 1h | 2.5007 | +0.036% | $11K | $674K | 50x | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.5008 | +0.040% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0634% | 1h | 2.5029 | +0.126% | $51K | $33K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD