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: KuCoin against BingX+0.031%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.031%, 7d avg +0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.5596 | 0.0100 | pay 0.0050% / 4h | 19m 31s | — | $3.6M | — |
| Short | KuCoin CAKEUSDTM | 2.5604 | 0.0100 | get 0.0050% / 4h | 19m 31s | $2.5M | $5.6M | 50x |
BingX CAKE-USDT
KuCoin CAKEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.031% → +0.043%
- −$1.16
- Slippage, 4 orders
- −$80.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$103.99
- Costs to cover
- 1.028%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; KuCoin: live order book, 3 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 | 2.15 bp | 8.0 bp −$8 | 11.3 bp −$113 | 23.6 bp −$2,362 | 46.8 bp −$23.4K |
| Sell KuCoin live order book, 3 min ago | 2.73 bp | 49.3 bp −$49 | 116.6 bp −$1,166 | 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 | −0.0130% | 1h | 2.5563 | −0.129% | $13K | $698K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0025% | 4h | 2.5605 | +0.035% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.609% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5643 | +0.184% | $3.2M | $2.7M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5610 | +0.056% | $2.4M | $78K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5603 | +0.028% | $18.4M | $36.0M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5600 | +0.016% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5592 | −0.016% | $894K | $755K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5596 | 0.000% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTMshort | +0.0100% | 4h | 2.5604 | +0.031% | $2.5M | $5.6M | 50x |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5625 | +0.113% | $2.7M | $2.6M | 75x | as long as short |
| BingX CAKE-USDTlong | +0.0100% | 4h | 2.5596 | long leg | — | $3.6M | — | |
| Variational Omni CAKE | +0.0100% | 4h | 2.5587 | −0.037% | $538K | $480K | — | as long as short |
| BloFin CAKE-USDT | +0.0138% | 4h | 2.5568 | −0.109% | $1.0M | $364K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0422% / S −0.0272% | 1h | 2.5619 | +0.092% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0749% | 1h | 2.5644 | +0.189% | $55K | $39K | 10x | as long as short |
Bitget CAKEUSDT
Variational Omni CAKE
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD