Funding spread now, next payment 17:00 UTC−0.1449%/8h
paid, last 24h−0.315%paid, last 4 days−0.624%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 | 2.5895 | 0.1549 | pay 0.0194% / 1h | 39m 50s | $58K | $53K | 10x |
| Short | MEXC CAKE_USDT | 2.5834 | 0.0100 | get 0.0050% / 4h | 3h 39m | $13.1M | $2.6M | 125x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$304.28
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$318.28
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 5 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.236%
- 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 MEXC live order book, 5 min ago | 0.19 bp | 4.4 bp −$4 | 39.0 bp −$390 | 115.7 bp −$11.6K | 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 | |
|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | +0.0059% | 4h | $7K | $15K | 10x | as long as short |
| ApeX Omni CAKEUSDT | +0.0082% | 1h | $12K | $697K | 50x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | $3.1M | $4.5M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | $2.4M | $131K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | $18.3M | $42.2M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | $5.4M | $4.5M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | $871K | $1.1M | 75x | as long as short |
| MEXC CAKE_USDTshort | +0.0100% | 4h | $13.1M | $2.6M | 125x | |
| KuCoin CAKEUSDTM | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | $2.8M | $3.0M | 75x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | — | $3.2M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | $558K | $503K | — | as long as short |
| BloFin CAKE-USDT | +0.0149% | 4h | $1.0M | $372K | 75x | as long as short |
| Injective CAKE/USDC PERP | +0.0401% | 1h | $114 | $50 | 5.5x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0426% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSDlong | +0.1549% | 1h | $58K | $53K | 10x |
Kraken Futures PF_CAKEUSD
MEXC CAKE_USDT
ApeX Omni CAKEUSDT
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
BloFin CAKE-USDT
Injective CAKE/USDC PERP
GMX CAKE/USD [WBTC.b-USDC]