data as of
Settings8H · net · $10k
Price arb /

CAKE

all CAKE markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.006%7d average−0.013%fees + slippage, in and out−$39spread needed0.388%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CAKEUSDT2.52650.0100pay 0.0050% / 4h58m 58s$17.6M$41.4M75x
ShortBingX CAKE-USDT2.52660.0100get 0.0050% / 4h58m 58s$3.4M

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$0.59
Funding while held
$0
Slippage, 4 orders
−$18.8
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.21
Spread needed to break even
0.388%
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago1.18 bp10.2 bp −$1026.5 bp −$265doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago1.97 bp9.9 bp −$1013.7 bp −$13725.5 bp −$2,54848.3 bp −$24.1K

CAKE price on every exchange

against the cheapest. Click to use as the short leg.

CAKE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit CAKEUSDT−0.042%+0.0100%4h$5.2M$4.4M50xas long as short
Binance CAKEUSDTlong0.000%+0.0100%4h$17.6M$41.4M75x
MEXC CAKE_USDT+0.002%+0.0100%4h$13.0M$2.8M125xas long as short
BingX CAKE-USDTshort+0.006%+0.0100%4h$3.4M
Orderly PERP_CAKE_USDC+0.018%+0.0035%4h$7K$15K10xas long as short
KuCoin CAKEUSDTM+0.034%+0.0100%4h$2.5M$5.8M50xas long as short
GMX CAKE/USD [WBTC.b-USDC]+0.079%L +0.0420% / S −0.0272%1h$37K100xas long as short
Gate CAKE_USDT+0.093%+0.0100%4h$850K$1.0M75xas long as short
Hyperliquid CAKE+0.097%+0.0100%1h$3.0M$4.1M3xas long as short
Bitget CAKEUSDT+0.101%+0.0100%4h$2.7M$3.1M75xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster CAKEUSDT+0.132%+0.0100%4h$2.4M$114K10xas long as short
BloFin CAKE-USDT+0.168%+0.0139%4h$980K$384K75xas long as short
Variational Omni CAKE+0.242%+0.0100%4h$540K$517Kas long as short
ApeX Omni CAKEUSDT+0.338%+0.0017%1h$15K$696K50xas long as short
Kraken Futures PF_CAKEUSD+0.574%+0.0260%1h$58K$48K10xas long as short
Injective CAKE/USDC PERP+0.695%−0.0260%1h$113$52K5.5xas long as short