After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.032%7d average−0.065%fees + slippage, in and out−$68spread needed0.682%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5331 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $2.4M | $122K | 10x |
| Short | MEXC CAKE_USDT | 2.5323 | 0.0100 | get 0.0050% / 4h | 1h 50m | $12.8M | $2.4M | 125x |
Aster CAKEUSDT
MEXC CAKE_USDTPrice 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
- −$3.16
- Funding while held
- $0
- Slippage, 4 orders
- −$56.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$71.37
- Spread needed to break even
- 0.682%
Slippage from Aster: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 4.13 bp | 34.4 bp −$34 | 1411.6 bp −$14.1K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.18 bp | 6.5 bp −$7 | 34.8 bp −$348 | 115.8 bp −$11.6K | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.3950cheapest
Variational Omni2.5294+5.610%Gate2.5297+5.624%ApeX Omni2.5311+5.683%Orderly2.5311+5.683%BloFin2.5311+5.683%BingX2.5319+5.716%Bybit2.5320+5.720%
Injective
Variational Omni
Gate
ApeX Omni
Orderly
BloFin
BingX
BybitMEXC2.5323+5.733%
GMX2.5324+5.739%Binance2.5326+5.744%KuCoin2.5328+5.754%
GMX
Binance
KuCoinAster2.5331+5.766%
Kraken Futures2.5335+5.782%Bitget2.5346+5.829%Hyperliquid2.5363+5.900%
Kraken Futures
Bitget
HyperliquidCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −5.452% | +0.0033% | 1h | $13 | $61K | 5.5x | as long as short |
| Variational Omni CAKE | −0.148% | +0.0100% | 4h | $428K | $345K | — | as long as short |
| Gate CAKE_USDT | −0.134% | +0.0100% | 4h | $842K | $1.1M | 75x | as long as short |
| ApeX Omni CAKEUSDT | −0.079% | −0.0354% | 1h | $13K | $689K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | −0.079% | +0.0060% | 4h | $16K | $2K | 10x | as long as short |
| BloFin CAKE-USDT | −0.079% | +0.0138% | 4h | $995K | $402K | 75x | as long as short |
| BingX CAKE-USDT | −0.047% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| Bybit CAKEUSDT | −0.043% | +0.0100% | 4h | $5.3M | $4.0M | 50x | as long as short |
| MEXC CAKE_USDTshort | −0.032% | +0.0100% | 4h | $12.8M | $2.4M | 125x | |
| GMX CAKE/USD [WBTC.b-USDC] | −0.026% | L +0.0423% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance CAKEUSDT | −0.021% | +0.0100% | 4h | $18.0M | $39.5M | 75x | as long as short |
| KuCoin CAKEUSDTM | −0.012% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| Aster CAKEUSDTlong | 0.000% | +0.0100% | 4h | $2.4M | $122K | 10x | |
| Kraken Futures PF_CAKEUSD | +0.015% | −0.0077% | 1h | $58K | $49K | 10x | as long as short |
| Bitget CAKEUSDT | +0.059% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| Hyperliquid CAKE | +0.126% | +0.0100% | 1h | $2.7M | $3.9M | 3x | as long as short |