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: Aster against MEXC+0.072%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days+0.035%+$4 · spread now +0.072%, 7d avg +0.064%
=Together, before fees+0.055%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.5112 | 0.0100 | pay 0.0050% / 4h | 31m 10s | $13.4M | $2.9M | 125x |
| Short | Aster CAKEUSDT | 2.5130 | 0.0100 | get 0.0050% / 4h | 31m 10s | $2.4M | $79K | 10x |
MEXC CAKE_USDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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: +0.072% → +0.064%
- $0.75
- Slippage, 4 orders
- −$48.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$59.75
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Aster: live order book, 2 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 | 1.99 bp | 6.2 bp −$6 | 37.3 bp −$373 | 108.7 bp −$10.9K | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.20 bp | 16.6 bp −$17 | 1478.8 bp −$14.8K | 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 | −0.080% | $11K | $678K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0017% | 4h | 2.5113 | +0.004% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.306% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5155 | +0.171% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5130 | +0.072% | $2.4M | $79K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5120 | +0.034% | $17.9M | $31.2M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5100 | −0.048% | $5.2M | $3.6M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5121 | +0.036% | $875K | $642K | 75x | as long as short |
| MEXC CAKE_USDTlong | +0.0100% | 4h | 2.5112 | long leg | $13.4M | $2.9M | 125x | |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5125 | +0.052% | $2.4M | $5.4M | 50x | as long as short |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
KuCoin CAKEUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5139 | +0.108% | $2.6M | $2.3M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5100 | −0.048% | — | $3.8M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.4966 | −0.583% | $518K | $469K | — | as long as short |
| BloFin CAKE-USDT | +0.0134% | 4h | 2.5098 | −0.056% | $998K | $367K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0417% / S −0.0269% | 1h | 2.5137 | +0.099% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0748% | 1h | 2.5131 | +0.076% | $53K | $38K | 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