After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.058%7d average+0.005%fees + slippage, in and out−$40spread needed0.397%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAKE-USDT | 2.5731 | 0.0100 | pay 0.0050% / 4h | 3h 06m | — | $3.3M | — |
| Short | BloFin CAKE-USDT | 2.5716 | 0.0126 | get 0.0063% / 4h | 3h 06m | $998K | $384K | 75x |
BingX CAKE-USDT
BloFin CAKE-USDTPrice 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
- −$5.83
- Funding while held
- $0.77
- Slippage, 4 orders
- −$17.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.76
- Spread needed to break even
- 0.397%
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0026%
- Per $10,000 a day
- +$0.77
- 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 BingX live order book, 5 min ago | 3.50 bp | 10.5 bp −$11 | 12.9 bp −$129 | 22.6 bp −$2,258 | 46.1 bp −$23.1K |
| Sell BloFin live order book, 7 min ago | 0.19 bp | 9.9 bp −$10 | 20.7 bp −$207 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapest
InjectiveBloFin2.5716+0.453%
Gate2.5717+0.457%Bybit2.5724+0.484%
Gate
BybitBingX2.5731+0.512%
Binance2.5732+0.516%MEXC2.5733+0.520%KuCoin2.5736+0.531%Orderly2.5741+0.551%Variational Omni2.5742+0.556%ApeX Omni2.5749+0.582%Bitget2.5750+0.586%Aster2.5754+0.601%GMX2.5757+0.612%Hyperliquid2.5763+0.635%Kraken Futures2.5774+0.680%
Binance
MEXC
KuCoin
Orderly
Variational Omni
ApeX Omni
Bitget
Aster
GMX
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 | −0.509% | +0.0401% | 1h | $114 | $50 | 5.5x | as long as short |
| BloFin CAKE-USDTshort | −0.058% | +0.0126% | 4h | $998K | $384K | 75x | |
| Gate CAKE_USDT | −0.054% | +0.0100% | 4h | $867K | $1.1M | 75x | as long as short |
| Bybit CAKEUSDT | −0.027% | +0.0100% | 4h | $5.4M | $4.5M | 50x | as long as short |
| BingX CAKE-USDTlong | 0.000% | +0.0100% | 4h | — | $3.3M | — | |
| Binance CAKEUSDT | +0.004% | +0.0100% | 4h | $18.2M | $42.2M | 75x | as long as short |
| MEXC CAKE_USDT | +0.008% | +0.0100% | 4h | $12.9M | $2.7M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.019% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.039% | +0.0051% | 4h | $7K | $15K | 10x | as long as short |
| Variational Omni CAKE | +0.044% | +0.0100% | 4h | $561K | $508K | — | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CAKEUSDT | +0.070% | +0.0100% | 1h | $11K | $696K | 50x | as long as short |
| Bitget CAKEUSDT | +0.074% | +0.0100% | 4h | $2.9M | $3.0M | 75x | as long as short |
| Aster CAKEUSDT | +0.089% | +0.0100% | 4h | $2.4M | $132K | 10x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.100% | L +0.0425% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Hyperliquid CAKE | +0.123% | +0.0100% | 1h | $3.1M | $4.4M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.167% | +0.1556% | 1h | $58K | $52K | 10x | as long as short |