Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.022%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now −0.022%, 7d avg −0.071%
=Together, before fees+0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.050% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5455 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $2.4M | $99K | 10x |
| Short | Bitget CAKEUSDT | 2.5449 | 0.0100 | get 0.0050% / 4h | 2h 46m | $2.7M | $3.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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: −0.022% → −0.071%
- $4.96
- Slippage, 4 orders
- −$56.56
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$71.6
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 1 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 Aster live order book, 2 min ago | 3.34 bp | 35.0 bp −$35 | 1275.5 bp −$12.8K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.38 bp | 7.6 bp −$8 | 35.0 bp −$350 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | +0.0005% | 4h | 2.5426 | −0.112% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.057% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0080% | 4h | 2.5431 | −0.093% | $996K | $347K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5475 | +0.080% | $3.1M | $3.3M | 3x | as long as short |
| Aster CAKEUSDTlong | +0.0100% | 4h | 2.5455 | long leg | $2.4M | $99K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5449 | −0.022% | $18.2M | $39.2M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5441 | −0.053% | $5.3M | $4.1M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5425 | −0.116% | $886K | $858K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5447 | −0.030% | $14.2M | $2.9M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5449 | −0.022% | $2.5M | $5.7M | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDTshort | +0.0100% | 4h | 2.5449 | −0.022% | $2.7M | $3.0M | 75x | |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5452 | −0.010% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5420 | −0.135% | $544K | $497K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5429 | −0.100% | $13K | $695K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5441 | −0.053% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0497% | 1h | 2.5492 | +0.146% | $57K | $39K | 10x | as long as short |
Aster CAKEUSDT
Bitget CAKEUSDT
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD