Spread before costs (cost unknown: a leg has no order-book sample)+0.188%
7d average+0.041%if it closes, per $10,000$19funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CAKEUSDT | 2.5313 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $18.0M | $40.0M | 75x |
| Short | Hyperliquid CAKE | 2.5361 | 0.0100 | get 0.0013% / 1h | 41m 05s | $2.7M | $4.0M | 3x |
Binance CAKEUSDT
Hyperliquid CAKEPrice 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
- $18.84
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$0.16
- Spread needed to break even
- 0.190%
Slippage unknown: Binance: live order book, 3 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.
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, 3 min ago | 0.20 bp | 11.1 bp −$11 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.99 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.3950cheapest
InjectiveBinance2.5313+5.691%
MEXC2.5315+5.699%BingX2.5318+5.712%Variational Omni2.5320+5.719%Bybit2.5320+5.720%Gate2.5324+5.737%BloFin2.5325+5.741%Orderly2.5327+5.749%KuCoin2.5331+5.766%GMX2.5336+5.789%Aster2.5338+5.795%Bitget2.5339+5.800%
MEXC
BingX
Variational Omni
Bybit
Gate
BloFin
Orderly
KuCoin
GMX
Aster
BitgetHyperliquid2.5361+5.890%
Kraken Futures2.5362+5.895%ApeX Omni2.5366+5.912%
Kraken Futures
ApeX OmniCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −5.385% | +0.0033% | 1h | $13 | $61K | 5.5x | as long as short |
| Binance CAKEUSDTlong | 0.000% | +0.0100% | 4h | $18.0M | $40.0M | 75x | |
| MEXC CAKE_USDT | +0.008% | +0.0100% | 4h | $12.7M | $2.5M | 125x | as long as short |
| BingX CAKE-USDT | +0.020% | +0.0100% | 4h | — | $3.1M | — | as long as short |
| Variational Omni CAKE | +0.027% | +0.0100% | 4h | $431K | $354K | — | as long as short |
| Bybit CAKEUSDT | +0.028% | +0.0100% | 4h | $5.3M | $4.0M | 50x | as long as short |
| Gate CAKE_USDT | +0.043% | +0.0100% | 4h | $899K | $1.2M | 75x | as long as short |
| BloFin CAKE-USDT | +0.047% | +0.0085% | 4h | $1.0M | $401K | 75x | as long as short |
| Orderly PERP_CAKE_USDC | +0.055% | +0.0063% | 4h | $16K | $2K | 10x | as long as short |
| KuCoin CAKEUSDTM | +0.071% | +0.0100% | 4h | $2.5M | $6.0M | 50x | 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] | +0.092% | L +0.0454% / S −0.0306% | 1h | $40K | — | 100x | as long as short |
| Aster CAKEUSDT | +0.099% | +0.0100% | 4h | $2.4M | $130K | 10x | as long as short |
| Bitget CAKEUSDT | +0.103% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| Hyperliquid CAKEshort | +0.188% | +0.0100% | 1h | $2.7M | $4.0M | 3x | |
| Kraken Futures PF_CAKEUSD | +0.193% | −0.0511% | 1h | $58K | $52K | 10x | as long as short |
| ApeX Omni CAKEUSDT | +0.209% | −0.0003% | 1h | $13K | $690K | 50x | as long as short |