After costs, if the gap returns to its 7d average, $10k−$88
spread now−0.245%7d average−0.023%fees + slippage, in and out−$65spread needed0.655%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CAKEUSDT | 2.5350 | 0.0017 | pay 0.0002% / 1h | 58m 48s | $15K | $696K | 50x |
| Short | Bitget CAKEUSDT | 2.5288 | 0.0100 | get 0.0050% / 4h | 58m 48s | $2.7M | $3.1M | 75x |
ApeX Omni CAKEUSDT
Bitget CAKEUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$24.46
- Funding while held
- $2.5
- Slippage, 4 orders
- −$43.46
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$87.42
- Spread needed to break even
- 0.655%
Slippage from ApeX Omni: live order book, 36 min ago; Bitget: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0083%
- Per $10,000 a day
- +$2.50
- Average in range /8h
- —
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 ApeX Omni live order book, 36 min ago | 6.28 bp | 13.6 bp −$14 | 117.9 bp −$1,179 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 2.57 bp | 19.5 bp −$20 | 40.3 bp −$403 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Bybit2.5261cheapestMEXC2.5265+0.016%BingX2.5266+0.020%Orderly2.5269+0.032%Binance2.5272+0.044%KuCoin2.5273+0.048%GMX2.5284+0.093%Gate2.5288+0.107%
Bybit
MEXC
BingX
Orderly
Binance
KuCoin
GMX
GateBitget2.5288+0.107%
Hyperliquid2.5289+0.111%Aster2.5297+0.142%BloFin2.5307+0.182%Variational Omni2.5326+0.256%
Hyperliquid
Aster
BloFin
Variational OmniApeX Omni2.5350+0.352%
Kraken Futures2.5410+0.588%Injective2.5440+0.709%
Kraken Futures
InjectiveCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.351% | +0.0100% | 4h | $5.2M | $4.4M | 50x | as long as short |
| MEXC CAKE_USDT | −0.335% | +0.0100% | 4h | $13.0M | $2.8M | 125x | as long as short |
| BingX CAKE-USDT | −0.331% | +0.0100% | 4h | — | $3.4M | — | as long as short |
| Orderly PERP_CAKE_USDC | −0.320% | +0.0035% | 4h | $7K | $15K | 10x | as long as short |
| Binance CAKEUSDT | −0.308% | +0.0100% | 4h | $17.7M | $41.4M | 75x | as long as short |
| KuCoin CAKEUSDTM | −0.304% | +0.0100% | 4h | $2.5M | $5.8M | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | −0.259% | L +0.0420% / S −0.0272% | 1h | $37K | — | 100x | as long as short |
| Gate CAKE_USDT | −0.245% | +0.0100% | 4h | $850K | $1.0M | 75x | as long as short |
| Bitget CAKEUSDTshort | −0.245% | +0.0100% | 4h | $2.7M | $3.1M | 75x | |
| Hyperliquid CAKE | −0.241% | +0.0100% | 1h | $3.0M | $4.1M | 3x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CAKEUSDT | −0.210% | +0.0100% | 4h | $2.4M | $114K | 10x | as long as short |
| BloFin CAKE-USDT | −0.170% | +0.0139% | 4h | $980K | $384K | 75x | as long as short |
| Variational Omni CAKE | −0.096% | +0.0100% | 4h | $540K | $517K | — | as long as short |
| ApeX Omni CAKEUSDTlong | 0.000% | +0.0017% | 1h | $15K | $696K | 50x | |
| Kraken Futures PF_CAKEUSD | +0.235% | +0.0260% | 1h | $58K | $48K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.355% | −0.0260% | 1h | $113 | $52K | 5.5x | as long as short |