data as of
Settings8H · net · $10k
Funding arb /

CAKE

all CAKE markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC0.0000%/8h
paid, last 24h+0.014%paid, last 7 days+0.048%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CAKEUSDTM2.55150.0100pay 0.0050% / 4h1h 34m$2.5M$5.9M50x
ShortHyperliquid CAKE2.55180.0100get 0.0013% / 1h34m 08s$3.0M$4.2M3x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Hyperliquid: live order book, 9 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.012%
Avg gap 7d
+0.013%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 10 min ago5.29 bp33.9 bp −$34136.9 bp −$1,369doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.17 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit

CAKE on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective CAKE/USDC PERP+0.0033%1h$114$505.5xas long as short
BloFin CAKE-USDT+0.0042%4h$989K$391K75xas long as short
Orderly PERP_CAKE_USDC+0.0044%4h$7K$15K10xas long as short
Hyperliquid CAKEshort+0.0100%1h$3.0M$4.2M3x
Aster CAKEUSDT+0.0100%4h$2.4M$127K10xas long as short
Binance CAKEUSDT+0.0100%4h$17.9M$42.4M75xas long as short
Bybit CAKEUSDT+0.0100%4h$5.3M$4.5M50xas long as short
Gate CAKE_USDT+0.0100%4h$851K$1.1M75xas long as short
MEXC CAKE_USDT+0.0100%4h$13.2M$2.8M125xas long as short
KuCoin CAKEUSDTMlong+0.0100%4h$2.5M$5.9M50x
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget CAKEUSDT+0.0100%4h$2.7M$3.2M75xas long as short
BingX CAKE-USDT+0.0100%4h$3.4Mas long as short
Variational Omni CAKE+0.0100%4h$544K$517Kas long as short
ApeX Omni CAKEUSDT+0.0100%1h$14K$697K50xas long as short
GMX CAKE/USD [WBTC.b-USDC]L +0.0423% / S −0.0272%1h$38K100xas long as short
Kraken Futures PF_CAKEUSD+0.0967%1h$58K$48K10xas long as short