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

CAKE

all CAKE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−2.365%
7d averageif it closes, per $10,000$236funding while held, a day−$2.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CAKEUSDT2.62200.0100pay 0.0013% / 1h5m 36s$16K$696K50x
ShortInjective CAKE/USDC PERP2.56000.0033get 0.0004% / 1h5m 36s$114$505.5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$236.46
Funding while held
−$2
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$248.48
Spread needed to break even
0.100%
Slippage unknown: ApeX Omni: live order book, 44 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0067%
Per $10,000 a day
$2.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 44 min ago5.85 bp15.1 bp −$1598.2 bp −$982doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CAKE price on every exchange

against the cheapest. Click to use as the short leg.

CAKE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective CAKE/USDC PERPshort−2.365%+0.0033%1h$114$505.5x
Variational Omni CAKE−0.157%+0.0100%4h$566K$502Kas long as short
Bybit CAKEUSDT−0.111%+0.0100%4h$5.6M$4.4M50xas long as short
KuCoin CAKEUSDTM−0.092%+0.0100%4h$2.6M$6.2M50xas long as short
Binance CAKEUSDT−0.088%+0.0100%4h$19.0M$41.2M75xas long as short
Gate CAKE_USDT−0.088%+0.0100%4h$883K$1.1M75xas long as short
BingX CAKE-USDT−0.080%+0.0100%4h$3.2Mas long as short
MEXC CAKE_USDT−0.076%+0.0100%4h$13.3M$2.7M125xas long as short
GMX CAKE/USD [WBTC.b-USDC]−0.069%L +0.0429% / S −0.0272%1h$39K100xas long as short
Orderly PERP_CAKE_USDC−0.053%+0.0061%4h$17K$2K10xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget CAKEUSDT−0.038%+0.0100%4h$2.9M$3.0M75xas long as short
BloFin CAKE-USDT−0.011%+0.0092%4h$1.0M$423K75xas long as short
ApeX Omni CAKEUSDTlong0.000%+0.0100%1h$16K$696K50x
Aster CAKEUSDT+0.035%+0.0100%4h$2.5M$128K10xas long as short
Hyperliquid CAKE+0.088%+0.0100%1h$3.2M$4.4M3xas long as short
Kraken Futures PF_CAKEUSD+0.657%−0.0123%1h$58K$55K10xas long as short