After costs, if the gap returns to its 7d average, $10k−$76
spread now−0.052%7d average−0.020%fees + slippage, in and out−$73spread needed0.727%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CAKEUSDT | 2.5443 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $17.8M | $41.4M | 75x |
| Short | Bybit CAKEUSDT | 2.5430 | 0.0100 | get 0.0050% / 4h | 1h 13m | $5.3M | $4.4M | 50x |
Binance CAKEUSDT
Bybit CAKEUSDTPrice 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
- −$5.22
- Funding while held
- $0
- Slippage, 4 orders
- −$51.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.93
- Spread needed to break even
- 0.727%
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, just now.
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 Binance live order book, 15 min ago | 1.37 bp | 9.8 bp −$10 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 1.97 bp | 30.7 bp −$31 | 72.2 bp −$722 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.BloFin2.5419cheapestVariational Omni2.5426+0.027%BingX2.5428+0.035%
BloFin
Variational Omni
BingXBybit2.5430+0.043%
Gate2.5435+0.063%Injective2.5440+0.083%MEXC2.5443+0.094%
Gate
Injective
MEXCBinance2.5443+0.095%
ApeX Omni2.5445+0.102%Orderly2.5446+0.106%KuCoin2.5448+0.114%Bitget2.5460+0.161%GMX2.5462+0.169%Hyperliquid2.5467+0.189%Aster2.5471+0.203%Kraken Futures2.5486+0.265%
ApeX Omni
Orderly
KuCoin
Bitget
GMX
Hyperliquid
Aster
Kraken FuturesCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin CAKE-USDT | −0.095% | +0.0080% | 4h | $985K | $389K | 75x | as long as short |
| Variational Omni CAKE | −0.068% | +0.0100% | 4h | $542K | $517K | — | as long as short |
| BingX CAKE-USDT | −0.060% | +0.0100% | 4h | — | $3.4M | — | as long as short |
| Bybit CAKEUSDTshort | −0.052% | +0.0100% | 4h | $5.3M | $4.4M | 50x | |
| Gate CAKE_USDT | −0.033% | +0.0100% | 4h | $849K | $1.1M | 75x | as long as short |
| Injective CAKE/USDC PERP | −0.013% | +0.0033% | 1h | $113 | $52K | 5.5x | as long as short |
| MEXC CAKE_USDT | −0.001% | +0.0100% | 4h | $13.1M | $2.8M | 125x | as long as short |
| Binance CAKEUSDTlong | 0.000% | +0.0100% | 4h | $17.8M | $41.4M | 75x | |
| ApeX Omni CAKEUSDT | +0.007% | +0.0100% | 1h | $15K | $699K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.011% | +0.0039% | 4h | $7K | $15K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.019% | +0.0100% | 4h | $2.5M | $5.9M | 50x | as long as short |
| Bitget CAKEUSDT | +0.066% | +0.0100% | 4h | $2.7M | $3.1M | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.073% | L +0.0422% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Hyperliquid CAKE | +0.093% | +0.0100% | 1h | $3.0M | $4.1M | 3x | as long as short |
| Aster CAKEUSDT | +0.108% | +0.0100% | 4h | $2.4M | $127K | 10x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.169% | +0.0970% | 1h | $58K | $48K | 10x | as long as short |