CAKE

Alert

Funding spread now, next payment 16:00 UTC+0.0067%/8h

paid, last 24h+0.020%paid, last 4 days+0.109%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CAKE/USDC PERP	2.5600	0.0033	pay 0.0004% / 1h	13m 35s	$114	$50	5.5x
Short	Gate CAKE_USDT	2.6114	0.0100	get 0.0050% / 4h	13m 35s	$886K	$1.1M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee GatebpOrdersRate

Funding earned: $14
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1.02
Break-even: 7.5 days

Slippage unknown: Injective: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: +2.008%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Injective no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	3.87 bp	39.1 bp −$39	139.9 bp −$1,399	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_CAKEUSD	−0.0124%	1h	$59K	$54K	10x	as long as short
Injective CAKE/USDC PERPlong	+0.0033%	1h	$114	$50	5.5x
Orderly PERP_CAKE_USDC	+0.0061%	4h	$17K	$2K	10x	as long as short
Hyperliquid CAKE	+0.0100%	1h	$3.1M	$4.2M	3x	as long as short
Aster CAKEUSDT	+0.0100%	4h	$2.5M	$127K	10x	as long as short
Binance CAKEUSDT	+0.0100%	4h	$18.6M	$40.5M	75x	as long as short
Bybit CAKEUSDT	+0.0100%	4h	$5.6M	$4.4M	50x	as long as short
Gate CAKE_USDTshort	+0.0100%	4h	$886K	$1.1M	75x
MEXC CAKE_USDT	+0.0100%	4h	$13.3M	$2.6M	125x	as long as short
KuCoin CAKEUSDTM	+0.0100%	4h	$2.6M	$6.1M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget CAKEUSDT	+0.0100%	4h	$2.9M	$2.9M	75x	as long as short
BingX CAKE-USDT	+0.0100%	4h	—	$3.2M	—	as long as short
Variational Omni CAKE	+0.0100%	4h	$561K	$502K	—	as long as short
ApeX Omni CAKEUSDT	+0.0100%	1h	$16K	$696K	50x	as long as short
BloFin CAKE-USDT	+0.0139%	4h	$1.0M	$419K	75x	as long as short
GMX CAKE/USD [WBTC.b-USDC]	L +0.0428% / S −0.0272%	1h	$39K	—	100x	as long as short