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: BingX against Aster−0.062%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$870.874% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.062%, 7d avg −0.077%
=Together, before fees−0.118%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5554 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $2.4M | $99K | 10x |
| Short | BingX CAKE-USDT | 2.5538 | 0.0100 | get 0.0050% / 4h | 2h 27m | — | $3.5M | — |
Aster CAKEUSDT
BingX CAKE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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: −0.062% → −0.077%
- $1.45
- Slippage, 4 orders
- −$69.42
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.97
- Costs to cover
- 0.874%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; BingX: 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 Aster live order book, 1 min ago | 4.11 bp | 45.1 bp −$45 | 1913.5 bp −$19.1K | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.94 bp | 8.9 bp −$9 | 11.8 bp −$118 | 30.8 bp −$3,081 | 53.9 bp −$26.9K |
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 | +0.0010% | 4h | 2.5542 | −0.046% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.446% | $113 | $52K | 5.5x | as long as short |
| Aster CAKEUSDTlong | +0.0100% | 4h | 2.5554 | long leg | $2.4M | $99K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5556 | +0.007% | $18.3M | $38.8M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5529 | −0.097% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5527 | −0.105% | $889K | $859K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5555 | +0.004% | $14.3M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5554 | 0.000% | $2.5M | $5.7M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5552 | −0.007% | $2.7M | $2.8M | 75x | as long as short |
| BingX CAKE-USDTshort | +0.0100% | 4h | 2.5538 | −0.062% | — | $3.5M | — |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CAKE | +0.0100% | 4h | 2.5504 | −0.196% | $545K | $497K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5511 | −0.168% | $13K | $696K | 50x | as long as short |
| Hyperliquid CAKE | +0.0101% | 1h | 2.5593 | +0.153% | $3.2M | $3.4M | 3x | as long as short |
| BloFin CAKE-USDT | +0.0119% | 4h | 2.5542 | −0.046% | $995K | $355K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0421% / S −0.0272% | 1h | 2.5547 | −0.025% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0495% | 1h | 2.5631 | +0.300% | $57K | $38K | 10x | as long as short |
Variational Omni CAKE
ApeX Omni CAKEUSDT
Hyperliquid CAKE
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD