Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Variational Omni−0.010%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.010%, 7d avg +0.002%
=Together, before fees−0.008%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CAKE | 2.5472 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $534K | $469K | — |
| Short | BingX CAKE-USDT | 2.5469 | 0.0100 | get 0.0050% / 4h | 3h 57m | — | $3.6M | — |
Variational Omni CAKE
BingX CAKE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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: −0.010% → +0.002%
- −$1.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$11.19
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; BingX: live order book, 12 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 17 min ago | 4.66 bp | doesn't fit | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.53 bp | 8.7 bp −$9 | 11.3 bp −$113 | 18.9 bp −$1,888 | 40.3 bp −$20.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CAKEUSDT | −0.0068% | 1h | 2.5494 | +0.088% | $13K | $696K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0020% | 4h | 2.5460 | −0.045% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.124% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0080% | 4h | 2.5463 | −0.034% | $995K | $363K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5485 | +0.053% | $3.2M | $2.7M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5460 | −0.045% | $2.4M | $78K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5463 | −0.034% | $18.2M | $35.9M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5450 | −0.085% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5444 | −0.108% | $891K | $679K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5463 | −0.034% | $14.2M | $2.8M | 125x | as long as short |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5466 | −0.022% | $2.5M | $5.6M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5478 | +0.025% | $2.7M | $2.6M | 75x | as long as short |
| BingX CAKE-USDTshort | +0.0100% | 4h | 2.5469 | −0.010% | — | $3.6M | — | |
| Variational Omni CAKElong | +0.0100% | 4h | 2.5472 | long leg | $534K | $469K | — | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5474 | +0.010% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0708% | 1h | 2.5508 | +0.145% | $55K | $39K | 10x | as long as short |
KuCoin CAKEUSDTM
Bitget CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD