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: Variational Omni against Aster−0.164%7-day average −0.096% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.164%, 7d avg −0.096%
=Together, before fees+0.103%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$10 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: Variational Omni is 0.068% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CAKEUSDT | 2.5503 | 0.0100 | pay 0.0050% / 4h | 2m 24s | $2.4M | $78K | 10x |
| Short | Variational Omni CAKE | 2.5462 | 0.0100 | get 0.0050% / 4h | 2m 24s | $534K | $469K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.164% → −0.096%
- −$6.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.79
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Variational Omni: RFQ quote, 12 min ago. 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 Aster live order book, 1 min ago | 4.12 bp | 35.7 bp −$36 | 1444.7 bp −$14.4K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 12 min ago | 4.66 bp | doesn't fit | 48.8 bp −$488 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CAKEUSDT | −0.0100% | 1h | 2.5494 | −0.037% | $13K | $697K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0021% | 4h | 2.5481 | −0.088% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.249% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0087% | 4h | 2.5503 | −0.002% | $997K | $363K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5511 | +0.029% | $3.2M | $2.7M | 3x | as long as short |
| Aster CAKEUSDTlong | +0.0100% | 4h | 2.5503 | long leg | $2.4M | $78K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5478 | −0.100% | $18.3M | $36.0M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5470 | −0.131% | $5.3M | $3.9M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5484 | −0.076% | $890K | $756K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5476 | −0.108% | $14.2M | $2.8M | 125x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5484 | −0.076% | $2.5M | $5.6M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5498 | −0.021% | $2.7M | $2.6M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5483 | −0.080% | — | $3.6M | — | as long as short |
| Variational Omni CAKEshort | +0.0100% | 4h | 2.5462 | −0.164% | $534K | $469K | — | |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5489 | −0.056% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0751% | 1h | 2.5586 | +0.324% | $55K | $39K | 10x | as long as short |
Aster CAKEUSDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDT
BingX CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD