CAKE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0536%/8h= +58.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.210%

Price spread now: Kraken Futures against ApeX Omni+0.066%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.943%+$94 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.066% dearer against ApeX Omni than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CAKEUSDT	2.4951	0.0100	pay 0.0013% / 1h	51m 08s	$11K	$673K	50x
Short	Kraken Futures PF_CAKEUSD	2.4968	0.0636	get 0.0080% / 1h	51m 08s	$51K	$33K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.066%Rate

Funding earned: $112.57
Price spread: +0.066% → 0.000%: $6.65
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $99.21
Costs to cover: 0.200%
Break-even: 0.8 days

Slippage unknown: ApeX Omni: live order book, 52 min ago; Kraken Futures: no order-book sample. 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 ApeX Omni live order book, 52 min ago	4.99 bp	12.9 bp −$13	87.3 bp −$873	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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 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	−0.0164%	4h	2.4942	−0.036%	$5.2M	$3.3M	50x	as long as short
Orderly PERP_CAKE_USDC	−0.0111%	4h	2.4954	+0.012%	$7K	$14K	10x	as long as short
KuCoin CAKEUSDTM	−0.0020%	4h	2.4962	+0.044%	$2.4M	$5.2M	50x	as long as short
Variational Omni CAKE	−0.0004%	4h	2.4905	−0.183%	$509K	$417K	—	as long as short
Injective CAKE/USDC PERP	+0.0033%	1h	2.5440	+1.960%	$113	$52K	5.5x	as long as short
Hyperliquid CAKE	+0.0100%	1h	2.4981	+0.120%	$3.1M	$1.8M	3x	as long as short
Aster CAKEUSDT	+0.0100%	4h	2.4974	+0.093%	$2.3M	$76K	10x	as long as short
Binance CAKEUSDT	+0.0100%	4h	2.4958	+0.028%	$17.6M	$28.8M	75x	as long as short
Gate CAKE_USDT	+0.0100%	4h	2.4948	−0.012%	$879K	$563K	75x	as long as short
MEXC CAKE_USDT	+0.0100%	4h	2.4963	+0.048%	$13.2M	$2.5M	125x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CAKEUSDT	+0.0100%	4h	2.4970	+0.076%	$2.5M	$2.1M	75x	as long as short
BingX CAKE-USDT	+0.0100%	4h	2.4956	+0.020%	—	$3.8M	—	as long as short
ApeX Omni CAKEUSDTlong	+0.0100%	1h	2.4951	long leg	$11K	$673K	50x
BloFin CAKE-USDT	+0.0151%	4h	2.4950	−0.004%	$991K	$311K	75x	as long as short
GMX CAKE/USD [WBTC.b-USDC]	L +0.0415% / S −0.0269%	1h	2.4958	+0.028%	$37K	—	100x	as long as short
Kraken Futures PF_CAKEUSDshort	+0.0636%	1h	2.4968	+0.066%	$51K	$33K	10x