After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.064%7d average+0.092%fees + slippage, in and out−$74spread needed0.740%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CAKE-USDT | 2.5307 | 0.0139 | pay 0.0069% / 4h | 57m 50s | $980K | $384K | 75x |
| Short | Aster CAKEUSDT | 2.5291 | 0.0100 | get 0.0050% / 4h | 57m 50s | $2.4M | $114K | 10x |
Price 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
- −$6.4
- Funding while held
- −$1.16
- Slippage, 4 orders
- −$54.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$81.59
- Spread needed to break even
- 0.740%
Slippage from BloFin: live order book, 21 min ago; Aster: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0039%
- Per $10,000 a day
- −$1.16
- 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 BloFin live order book, 21 min ago | 1.18 bp | 11.8 bp −$12 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 3.36 bp | 23.1 bp −$23 | 1896.5 bp −$19.0K | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.265% | +0.0100% | 4h | $5.2M | $4.4M | 50x | as long as short |
| Gate CAKE_USDT | −0.221% | +0.0100% | 4h | $867K | $1.1M | 75x | as long as short |
| Binance CAKEUSDT | −0.198% | +0.0100% | 4h | $17.6M | $41.4M | 75x | as long as short |
| BingX CAKE-USDT | −0.198% | +0.0100% | 4h | — | $3.4M | — | as long as short |
| MEXC CAKE_USDT | −0.170% | +0.0100% | 4h | $13.0M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | −0.158% | +0.0100% | 4h | $2.5M | $5.8M | 50x | as long as short |
| Orderly PERP_CAKE_USDC | −0.146% | +0.0034% | 4h | $7K | $15K | 10x | as long as short |
| Hyperliquid CAKE | −0.134% | +0.0100% | 1h | $3.0M | $4.1M | 3x | as long as short |
| Bitget CAKEUSDT | −0.115% | +0.0100% | 4h | $2.7M | $3.1M | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | −0.090% | L +0.0420% / S −0.0272% | 1h | $37K | — | 100x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CAKEUSDTshort | −0.064% | +0.0100% | 4h | $2.4M | $114K | 10x | |
| BloFin CAKE-USDTlong | 0.000% | +0.0139% | 4h | $980K | $384K | 75x | |
| Variational Omni CAKE | +0.074% | +0.0100% | 4h | $540K | $517K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.170% | +0.0017% | 1h | $15K | $696K | 50x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.380% | +0.0260% | 1h | $58K | $48K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.526% | −0.0260% | 1h | $113 | $52K | 5.5x | as long as short |
BloFin CAKE-USDT
Aster CAKEUSDT
Bybit
Gate
Binance
BingX
MEXC
KuCoin
Hyperliquid
Bitget
GMX
Variational Omni
ApeX Omni
Kraken Futures
Injective