Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni+0.269%7-day average −0.015% · 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)−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)−0.295%−$29 · spread now +0.269%, 7d avg −0.015%
=Together, before fees−0.324%+ Points / potential airdropVariational Omni: Active · farm board−$32 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: Bybit is 0.284% dearer against Variational Omni than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CAKE | 2.5433 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $542K | $491K | — |
| Short | Bybit CAKEUSDT | 2.5501 | 0.0100 | get 0.0050% / 4h | 1h 41m | $5.3M | $4.0M | 50x |
Variational Omni CAKE
Bybit CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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: +0.269% → −0.015%
- $28.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $17.42
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 43 min ago | 6.63 bp | doesn't fit | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.96 bp | 33.3 bp −$33 | 74.7 bp −$747 | 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 | +0.0014% | 4h | 2.5492 | +0.234% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +0.029% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0057% | 4h | 2.5480 | +0.186% | $996K | $355K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5529 | +0.379% | $3.2M | $3.3M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5516 | +0.327% | $2.4M | $87K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5496 | +0.251% | $18.3M | $38.4M | 75x | as long as short |
| Bybit CAKEUSDTshort | +0.0100% | 4h | 2.5501 | +0.269% | $5.3M | $4.0M | 50x | |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5499 | +0.261% | $890K | $762K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5500 | +0.265% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5516 | +0.328% | $2.5M | $5.7M | 50x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Gate CAKE_USDT
MEXC 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 | 2.5510 | +0.304% | $2.7M | $2.8M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5520 | +0.344% | — | $3.5M | — | as long as short |
| Variational Omni CAKElong | +0.0100% | 4h | 2.5433 | long leg | $542K | $491K | — | |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5478 | +0.179% | $13K | $698K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5499 | +0.262% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0774% | 1h | 2.5532 | +0.391% | $57K | $37K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD