After costs, if the gap returns to its 7d average, $10k−$130
spread now+0.020%7d average−0.035%fees + slippage, in and out−$136spread needed1.357%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5719 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $2.4M | $132K | 10x |
| Short | KuCoin CAKEUSDTM | 2.5724 | 0.0100 | get 0.0050% / 4h | 3h 17m | $2.5M | $6.1M | 50x |
Aster CAKEUSDT
KuCoin CAKEUSDTMPrice 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
- $1.99
- Funding while held
- $0
- Slippage, 4 orders
- −$115.67
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$133.68
- Spread needed to break even
- 1.357%
Slippage from Aster: live order book, 2 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Aster live order book, 2 min ago | 4.68 bp | 30.8 bp −$31 | 1224.5 bp −$12.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.50 bp | 39.6 bp −$40 | 115.4 bp −$1,154 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestBloFin2.5604+0.016%ApeX Omni2.5632+0.125%Variational Omni2.5671+0.277%Orderly2.5689+0.348%Gate2.5698+0.383%Bybit2.5700+0.391%BingX2.5700+0.391%MEXC2.5707+0.418%Binance2.5708+0.422%GMX2.5709+0.426%
Injective
BloFin
ApeX Omni
Variational Omni
Orderly
Gate
Bybit
BingX
MEXC
Binance
GMXAster2.5719+0.464%
KuCoin2.5724+0.484%
Bitget2.5725+0.488%Hyperliquid2.5729+0.505%Kraken Futures2.5737+0.535%
Bitget
Hyperliquid
Kraken FuturesCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −0.462% | +0.0401% | 1h | $114 | $50 | 5.5x | as long as short |
| BloFin CAKE-USDT | −0.447% | +0.0113% | 4h | $1.0M | $382K | 75x | as long as short |
| ApeX Omni CAKEUSDT | −0.338% | +0.0042% | 1h | $11K | $697K | 50x | as long as short |
| Variational Omni CAKE | −0.187% | +0.0100% | 4h | $555K | $503K | — | as long as short |
| Orderly PERP_CAKE_USDC | −0.116% | +0.0054% | 4h | $7K | $15K | 10x | as long as short |
| Gate CAKE_USDT | −0.081% | +0.0100% | 4h | $867K | $1.1M | 75x | as long as short |
| Bybit CAKEUSDT | −0.073% | +0.0100% | 4h | $5.3M | $4.5M | 50x | as long as short |
| BingX CAKE-USDT | −0.073% | +0.0100% | 4h | — | $3.3M | — | as long as short |
| MEXC CAKE_USDT | −0.046% | +0.0100% | 4h | $12.9M | $2.7M | 125x | as long as short |
| Binance CAKEUSDT | −0.042% | +0.0100% | 4h | $18.2M | $42.2M | 75x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX CAKE/USD [WBTC.b-USDC] | −0.038% | L +0.0425% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Aster CAKEUSDTlong | 0.000% | +0.0100% | 4h | $2.4M | $132K | 10x | |
| KuCoin CAKEUSDTMshort | +0.020% | +0.0100% | 4h | $2.5M | $6.1M | 50x | |
| Bitget CAKEUSDT | +0.024% | +0.0100% | 4h | $2.9M | $3.0M | 75x | as long as short |
| Hyperliquid CAKE | +0.041% | +0.0100% | 1h | $3.1M | $4.4M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.070% | +0.1558% | 1h | $58K | $54K | 10x | as long as short |