Funding spread now, next payment 19:00 UTC−0.0854%/8h
paid, last 24h−0.295%paid, last 4 days−0.530%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CAKEUSD | 2.5491 | 0.0969 | pay 0.0121% / 1h | 19m 52s | $58K | $48K | 10x |
| Short | BloFin CAKE-USDT | 2.5437 | 0.0115 | get 0.0058% / 4h | 1h 19m | $990K | $390K | 75x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$179.38
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$201.38
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 64 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.214%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 64 min ago | 1.18 bp | 14.6 bp −$15 | 23.4 bp −$234 | doesn't fit | doesn't fit |
Kraken Futures: 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 | |
|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | +0.0033% | 1h | $113 | $52K | 5.5x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0041% | 4h | $7K | $15K | 10x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | $3.0M | $4.1M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | $2.4M | $127K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | $17.8M | $41.5M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | $5.3M | $4.5M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | $849K | $1.1M | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | $13.1M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | $2.5M | $5.9M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | $2.7M | $3.1M | 75x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | — | $3.4M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | $543K | $517K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | $15K | $699K | 50x | as long as short |
| BloFin CAKE-USDTshort | +0.0115% | 4h | $990K | $390K | 75x | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0422% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSDlong | +0.0969% | 1h | $58K | $48K | 10x |
Kraken Futures PF_CAKEUSD
BloFin CAKE-USDT
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]