Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC−0.012%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$870.870% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.012%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.4917 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $13.2M | $2.8M | 125x |
| Short | Gate CAKE_USDT | 2.4914 | 0.0100 | get 0.0050% / 4h | 2h 34m | $865K | $608K | 75x |
MEXC CAKE_USDT
Gate CAKE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.012% → −0.014%
- $0.18
- Slippage, 4 orders
- −$67.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.8
- Costs to cover
- 0.870%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 12 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, 3 min ago | 1.00 bp | 5.3 bp −$5 | 31.1 bp −$311 | 106.0 bp −$10.6K | doesn't fit |
| Sell Gate live order book, 12 min ago | 3.20 bp | 35.9 bp −$36 | 104.8 bp −$1,048 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.0548% | 4h | 2.4869 | −0.193% | $5.1M | $3.5M | 50x | as long as short |
| ApeX Omni CAKEUSDT | −0.0246% | 1h | 2.4962 | +0.181% | $11K | $677K | 50x | as long as short |
| Variational Omni CAKE | −0.0049% | 4h | 2.4961 | +0.177% | $511K | $460K | — | as long as short |
| Orderly PERP_CAKE_USDC | −0.0043% | 4h | 2.5003 | +0.345% | $7K | $14K | 10x | as long as short |
| KuCoin CAKEUSDTM | +0.0008% | 4h | 2.4921 | +0.016% | $2.4M | $5.3M | 50x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +2.099% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0069% | 4h | 2.5002 | +0.341% | $991K | $316K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.4984 | +0.269% | $3.1M | $2.0M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.4921 | +0.017% | $2.3M | $77K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.4889 | −0.114% | $17.5M | $30.7M | 75x | as long as short |
Bybit CAKEUSDT
ApeX Omni CAKEUSDT
Variational Omni CAKE
Orderly PERP_CAKE_USDC
KuCoin CAKEUSDTM
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CAKE_USDTshort | +0.0100% | 4h | 2.4914 | −0.012% | $865K | $608K | 75x | |
| MEXC CAKE_USDTlong | +0.0100% | 4h | 2.4917 | long leg | $13.2M | $2.8M | 125x | |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.4946 | +0.116% | $2.5M | $2.3M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.4896 | −0.084% | — | $3.8M | — | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.5026 | +0.439% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0702% | 1h | 2.5018 | +0.407% | $52K | $37K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD