Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.002%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 7 days−0.003%$0 · spread now −0.002%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.5020 | 0.0100 | pay 0.0050% / 4h | 3h 57m | — | $3.8M | — |
| Short | Binance CAKEUSDT | 2.5020 | 0.0100 | get 0.0050% / 4h | 3h 57m | $17.9M | $31.3M | 75x |
BingX CAKE-USDT
Binance CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.002% → +0.013%
- −$1.46
- Slippage, 4 orders
- −$19.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.79
- Costs to cover
- 0.393%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 14 min ago.
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 BingX live order book, 3 min ago | 2.20 bp | 8.2 bp −$8 | 11.5 bp −$115 | 21.0 bp −$2,100 | 47.2 bp −$23.6K |
| Sell Binance live order book, 14 min ago | 0.20 bp | 10.2 bp −$10 | 21.9 bp −$219 | 115.4 bp −$11.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.0573% | 4h | 2.5001 | −0.076% | $5.2M | $3.6M | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0014% | 4h | 2.5014 | −0.024% | $7K | $14K | 10x | as long as short |
| ApeX Omni CAKEUSDT | +0.0027% | 1h | 2.5042 | +0.088% | $11K | $678K | 50x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.679% | $113 | $52K | 5.5x | as long as short |
| BloFin CAKE-USDT | +0.0071% | 4h | 2.5028 | +0.032% | $997K | $356K | 75x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5039 | +0.076% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5034 | +0.057% | $2.4M | $79K | 10x | as long as short |
| Binance CAKEUSDTshort | +0.0100% | 4h | 2.5020 | −0.002% | $17.9M | $31.3M | 75x | |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5009 | −0.044% | $872K | $635K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5011 | −0.036% | $13.3M | $2.8M | 125x | as long as short |
Bybit CAKEUSDT
Orderly PERP_CAKE_USDC
ApeX Omni CAKEUSDT
Injective CAKE/USDC PERP
BloFin CAKE-USDT
Hyperliquid CAKE
Aster CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5026 | +0.024% | $2.4M | $5.4M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5039 | +0.076% | $2.5M | $2.4M | 75x | as long as short |
| BingX CAKE-USDTlong | +0.0100% | 4h | 2.5020 | long leg | — | $3.8M | — | |
| Variational Omni CAKE | +0.0100% | 4h | 2.5011 | −0.037% | $513K | $475K | — | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0352% | 1h | 2.5048 | +0.110% | $52K | $38K | 10x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0415% / S −0.0269% | 1h | 2.5036 | +0.066% | $37K | — | 100x | as long as short |
KuCoin CAKEUSDTM
Bitget CAKEUSDT
Variational Omni CAKE
Kraken Futures PF_CAKEUSD
GMX CAKE/USD [WBTC.b-USDC]