data as of
Settings8H · net · $10k
Price arb /

CAKE

all CAKE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.324%
7d average+0.054%if it closes, per $10,000$32funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CAKE-USDT2.56190.0100pay 0.0050% / 4h27m 50s$3.2M
ShortHyperliquid CAKE2.57020.0100get 0.0013% / 1h27m 50s$2.8M$3.9M3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$32.4
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$13.4
Spread needed to break even
0.190%
Slippage unknown: BingX: live order book, 13 min ago; Hyperliquid: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 13 min ago2.73 bp8.5 bp −$911.3 bp −$11324.5 bp −$2,45049.1 bp −$24.6K
Sell Hyperliquid live order book, 5 min ago1.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CAKE price on every exchange

against the cheapest. Click to use as the short leg.

CAKE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni CAKE−0.396%+0.0100%4h$476K$424Kas long as short
ApeX Omni CAKEUSDT−0.340%+0.0100%1h$13K$693K50xas long as short
Injective CAKE/USDC PERP−0.074%+0.0033%1h$114$505.5xas long as short
Binance CAKEUSDT−0.009%+0.0100%4h$18.1M$39.9M75xas long as short
Bybit CAKEUSDT−0.008%+0.0100%4h$5.4M$4.2M50xas long as short
Gate CAKE_USDT−0.004%+0.0100%4h$855K$1.1M75xas long as short
BingX CAKE-USDTlong0.000%+0.0100%4h$3.2M
KuCoin CAKEUSDTM+0.012%+0.0100%4h$2.6M$6.1M50xas long as short
Bitget CAKEUSDT+0.078%+0.0100%4h$2.8M$2.9M75xas long as short
MEXC CAKE_USDT+0.082%+0.0100%4h$12.8M$2.5M125xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_CAKE_USDC+0.207%+0.0056%4h$16K$2K10xas long as short
BloFin CAKE-USDT+0.234%+0.0079%4h$1.0M$418K75xas long as short
GMX CAKE/USD [WBTC.b-USDC]+0.260%L +0.0425% / S −0.0272%1h$38K100xas long as short
Aster CAKEUSDT+0.273%+0.0100%4h$2.4M$126K10xas long as short
Hyperliquid CAKEshort+0.324%+0.0100%1h$2.8M$3.9M3x
Kraken Futures PF_CAKEUSD+0.490%−0.0126%1h$58K$54K10xas long as short