Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: ApeX Omni against MEXC+0.028%66s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.028%, 7d avg +0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.5448 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $14.1M | $2.8M | 125x |
| Short | ApeX Omni CAKEUSDT | 2.5455 | 0.0100 | get 0.0013% / 1h | 46m 18s | $13K | $698K | 50x |
MEXC CAKE_USDT
ApeX Omni CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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: +0.028% → +0.039%
- −$1.18
- Slippage, 4 orders
- −$22.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$38.15
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; ApeX Omni: live order book, 37 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 MEXC live order book, 2 min ago | 0.20 bp | 4.6 bp −$5 | 34.1 bp −$341 | 114.3 bp −$11.4K | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 6.06 bp | 13.7 bp −$14 | 119.9 bp −$1,199 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | +0.0012% | 4h | 2.5457 | +0.035% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.031% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0061% | 4h | 2.5463 | +0.059% | $997K | $355K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5483 | +0.138% | $3.2M | $3.3M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5461 | +0.050% | $2.4M | $87K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5458 | +0.039% | $18.3M | $38.5M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5449 | +0.004% | $5.3M | $4.0M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5432 | −0.063% | $887K | $762K | 75x | as long as short |
| MEXC CAKE_USDTlong | +0.0100% | 4h | 2.5448 | long leg | $14.1M | $2.8M | 125x | |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5462 | +0.055% | $2.5M | $5.7M | 50x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
KuCoin CAKEUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5467 | +0.075% | $2.7M | $2.8M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5451 | +0.012% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5398 | −0.197% | $541K | $491K | — | as long as short |
| ApeX Omni CAKEUSDTshort | +0.0100% | 1h | 2.5455 | +0.028% | $13K | $698K | 50x | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5460 | +0.047% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0776% | 1h | 2.5482 | +0.133% | $57K | $37K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD