Spread before costs (cost unknown: a leg has no order-book sample)−0.417%
7d average−0.016%if it closes, per $10,000$42funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CAKEUSDT | 2.5536 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $18.0M | $39.0M | 75x |
| Short | Variational Omni CAKE | 2.5430 | 0.0100 | get 0.0050% / 4h | 1h 06m | $490K | $406K | — |
Binance CAKEUSDT
Variational Omni 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
- −$41.66
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$51.66
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: RFQ quote, 49 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, 7 min ago | 0.20 bp | 10.8 bp −$11 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 49 min ago | 6.65 bp | doesn't fit | 52.8 bp −$528 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.3950cheapest
ApeX Omni2.5428+6.171%
Injective
ApeX OmniVariational Omni2.5430+6.178%
Binance2.5536+6.622%
Gate2.5538+6.630%MEXC2.5540+6.639%BloFin2.5547+6.668%Bybit2.5550+6.681%Orderly2.5550+6.681%BingX2.5555+6.701%GMX2.5557+6.708%Aster2.5561+6.725%KuCoin2.5564+6.739%Bitget2.5565+6.743%Hyperliquid2.5573+6.777%Kraken Futures2.5581+6.808%
Gate
MEXC
BloFin
Bybit
Orderly
BingX
GMX
Aster
KuCoin
Bitget
Hyperliquid
Kraken FuturesCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −6.211% | +0.0033% | 1h | $13 | $61K | 5.5x | as long as short |
| ApeX Omni CAKEUSDT | −0.423% | −0.0076% | 1h | $16K | $691K | 50x | as long as short |
| Variational Omni CAKEshort | −0.417% | +0.0100% | 4h | $490K | $406K | — | |
| Binance CAKEUSDTlong | 0.000% | +0.0100% | 4h | $18.0M | $39.0M | 75x | |
| Gate CAKE_USDT | +0.008% | +0.0100% | 4h | $853K | $1.1M | 75x | as long as short |
| MEXC CAKE_USDT | +0.016% | +0.0100% | 4h | $12.9M | $2.4M | 125x | as long as short |
| BloFin CAKE-USDT | +0.043% | +0.0108% | 4h | $986K | $407K | 75x | as long as short |
| Bybit CAKEUSDT | +0.055% | +0.0100% | 4h | $5.4M | $4.1M | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.055% | +0.0054% | 4h | $16K | $2K | 10x | as long as short |
| BingX CAKE-USDT | +0.075% | +0.0100% | 4h | — | $3.0M | — | 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] | +0.081% | L +0.0423% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Aster CAKEUSDT | +0.097% | +0.0100% | 4h | $2.4M | $118K | 10x | as long as short |
| KuCoin CAKEUSDTM | +0.110% | +0.0100% | 4h | $2.6M | $6.1M | 50x | as long as short |
| Bitget CAKEUSDT | +0.114% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| Hyperliquid CAKE | +0.145% | +0.0100% | 1h | $2.7M | $3.9M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.175% | −0.0076% | 1h | $58K | $48K | 10x | as long as short |