Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against BingX+0.090%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now +0.090%, 7d avg +0.080%
=Together, before fees+0.247%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.4955 | 0.0100 | pay 0.0050% / 4h | 2h 19m | — | $3.8M | — |
| Short | Aster CAKEUSDT | 2.4977 | 0.0100 | get 0.0050% / 4h | 2h 19m | $2.3M | $79K | 10x |
BingX CAKE-USDT
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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: +0.090% → +0.080%
- $0.99
- Slippage, 4 orders
- −$45.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$62.75
- Costs to cover
- 0.637%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Aster: live order book, 4 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 BingX live order book, 16 min ago | 2.41 bp | 8.3 bp −$8 | 10.6 bp −$106 | 25.4 bp −$2,536 | 48.8 bp −$24.4K |
| Sell Aster live order book, 4 min ago | 2.61 bp | 20.8 bp −$21 | 1259.6 bp −$12.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.0812% | 4h | 2.4950 | −0.020% | $5.2M | $3.5M | 50x | as long as short |
| ApeX Omni CAKEUSDT | −0.0328% | 1h | 2.4915 | −0.160% | $11K | $678K | 50x | as long as short |
| Variational Omni CAKE | −0.0258% | 4h | 2.4896 | −0.238% | $510K | $433K | — | as long as short |
| Orderly PERP_CAKE_USDC | −0.0063% | 4h | 2.4972 | +0.068% | $7K | $14K | 10x | as long as short |
| KuCoin CAKEUSDTM | −0.0056% | 4h | 2.4970 | +0.060% | $2.4M | $5.3M | 50x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.943% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0075% | 4h | 2.4966 | +0.044% | $982K | $316K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.4986 | +0.124% | $3.1M | $2.0M | 3x | as long as short |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.4977 | +0.090% | $2.3M | $79K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.4970 | +0.060% | $17.5M | $30.3M | 75x | as long as short |
Bybit CAKEUSDT
ApeX Omni CAKEUSDT
Variational Omni CAKE
Orderly PERP_CAKE_USDC
KuCoin CAKEUSDTM
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Binance CAKEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CAKE_USDT | +0.0100% | 4h | 2.4931 | −0.096% | $864K | $609K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.4973 | +0.072% | $13.2M | $2.8M | 125x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.4975 | +0.080% | $2.5M | $2.3M | 75x | as long as short |
| BingX CAKE-USDTlong | +0.0100% | 4h | 2.4955 | long leg | — | $3.8M | — | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.4996 | +0.164% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0702% | 1h | 2.5007 | +0.210% | $52K | $37K | 10x | as long as short |
Gate CAKE_USDT
MEXC CAKE_USDT
Bitget CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD