CAKE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.012%

Price spread now: Injective against ApeX Omni−0.008%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CAKEUSDT	2.5442	0.0100	pay 0.0013% / 1h	4m 37s	$13K	$697K	50x
Short	Injective CAKE/USDC PERP	2.5440	0.0033	get 0.0004% / 1h	4m 37s	$113	$52K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −0.008%Rate

Funding earned: −$14
Price spread: −0.008% → 0.000%: −$0.79
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$24.81
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 19 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 19 min ago	6.06 bp	13.8 bp −$14	84.0 bp −$840	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	2.5425	−0.067%	$7K	$14K	10x	as long as short
Injective CAKE/USDC PERPshort	+0.0033%	1h	2.5440	−0.008%	$113	$52K	5.5x
Hyperliquid CAKE	+0.0100%	1h	2.5451	+0.035%	$3.1M	$3.3M	3x	as long as short
Aster CAKEUSDT	+0.0100%	4h	2.5441	−0.006%	$2.4M	$89K	10x	as long as short
Binance CAKEUSDT	+0.0100%	4h	2.5426	−0.063%	$18.3M	$38.7M	75x	as long as short
Bybit CAKEUSDT	+0.0100%	4h	2.5411	−0.122%	$5.3M	$4.1M	50x	as long as short
Gate CAKE_USDT	+0.0100%	4h	2.5416	−0.102%	$887K	$863K	75x	as long as short
MEXC CAKE_USDT	+0.0100%	4h	2.5430	−0.047%	$14.1M	$2.9M	125x	as long as short
KuCoin CAKEUSDTM	+0.0100%	4h	2.5434	−0.031%	$2.5M	$5.7M	50x	as long as short
Bitget CAKEUSDT	+0.0100%	4h	2.5433	−0.035%	$2.7M	$2.8M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CAKE-USDT	+0.0100%	4h	2.5424	−0.071%	—	$3.5M	—	as long as short
Variational Omni CAKE	+0.0100%	4h	2.5424	−0.071%	$542K	$491K	—	as long as short
ApeX Omni CAKEUSDTlong	+0.0100%	1h	2.5442	long leg	$13K	$697K	50x
BloFin CAKE-USDT	+0.0137%	4h	2.5420	−0.086%	$997K	$354K	75x	as long as short
GMX CAKE/USD [WBTC.b-USDC]	L +0.0420% / S −0.0272%	1h	2.5431	−0.044%	$38K	—	100x	as long as short
Kraken Futures PF_CAKEUSD	+0.0499%	1h	2.5429	−0.051%	$57K	$38K	10x	as long as short