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

CAKE

all CAKE markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$61
spread now−0.023%7d average−0.003%fees + slippage, in and out−$59spread needed0.591%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CAKEUSDT2.57540.0100pay 0.0050% / 4h3h 33m$2.9M$3.0M75x
ShortBingX CAKE-USDT2.57480.0100get 0.0050% / 4h3h 33m$3.2M

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
−$2.33
Funding while held
$0
Slippage, 4 orders
−$37.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$61.41
Spread needed to break even
0.591%
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 8 min ago.

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 Bitget live order book, 1 min ago3.49 bp19.9 bp −$2037.3 bp −$373doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.68 bp9.7 bp −$1013.0 bp −$13027.1 bp −$2,71348.8 bp −$24.4K

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
Injective CAKE/USDC PERP−0.598%+0.0401%1h$114$505.5xas long as short
Binance CAKEUSDT−0.106%+0.0100%4h$18.2M$42.2M75xas long as short
MEXC CAKE_USDT−0.089%+0.0100%4h$13.0M$2.6M125xas long as short
Bybit CAKEUSDT−0.054%+0.0100%4h$5.4M$4.5M50xas long as short
Orderly PERP_CAKE_USDC−0.047%+0.0056%4h$7K$15K10xas long as short
Gate CAKE_USDT−0.043%+0.0100%4h$867K$1.1M75xas long as short
BingX CAKE-USDTshort−0.023%+0.0100%4h$3.2M
Bitget CAKEUSDTlong0.000%+0.0100%4h$2.9M$3.0M75x
GMX CAKE/USD [WBTC.b-USDC]+0.007%L +0.0425% / S −0.0272%1h$38K100xas long as short
KuCoin CAKEUSDTM+0.008%+0.0100%4h$2.5M$6.1M50xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid CAKE+0.019%+0.0100%1h$3.1M$4.4M3xas long as short
Aster CAKEUSDT+0.061%+0.0100%4h$2.4M$131K10xas long as short
BloFin CAKE-USDT+0.237%+0.0057%4h$993K$371K75xas long as short
Kraken Futures PF_CAKEUSD+0.543%+0.1549%1h$58K$54K10xas long as short
Variational Omni CAKE+0.563%+0.0100%4h$560K$503Kas long as short
ApeX Omni CAKEUSDT+0.602%+0.0100%1h$12K$696K50xas long as short