Spread before costs (cost unknown: a leg has no order-book sample)−0.015%
7d average+0.043%if it closes, per $10,000$2funding while held, a day+$0.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CAKE-USDT | 2.5952 | 0.0078 | pay 0.0039% / 4h | 18m 29s | $1.0M | $415K | 75x |
| Short | Hyperliquid CAKE | 2.5948 | 0.0100 | get 0.0013% / 1h | 18m 29s | $2.9M | $4.1M | 3x |
BloFin CAKE-USDT
Hyperliquid CAKEPrice 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
- −$1.54
- Funding while held
- $0.65
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$21.89
- Spread needed to break even
- 0.210%
Slippage unknown: BloFin: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0022%
- Per $10,000 a day
- +$0.65
- 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, 5 min ago | 0.58 bp | 12.2 bp −$12 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.96 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestVariational Omni2.5833+0.909%Binance2.5865+1.036%BingX2.5869+1.051%GMX2.5879+1.089%MEXC2.5893+1.145%ApeX Omni2.5903+1.184%Bybit2.5910+1.211%KuCoin2.5910+1.211%Bitget2.5913+1.223%Gate2.5918+1.242%Aster2.5933+1.302%
Injective
Variational Omni
Binance
BingX
GMX
MEXC
ApeX Omni
Bybit
KuCoin
Bitget
Gate
AsterHyperliquid2.5948+1.359%
BloFin2.5952+1.375%
Orderly2.5959+1.402%Kraken Futures2.6044+1.735%
Orderly
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 | −1.356% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |
| Variational Omni CAKE | −0.459% | +0.0100% | 4h | $482K | $424K | — | as long as short |
| Binance CAKEUSDT | −0.334% | +0.0100% | 4h | $18.4M | $40.2M | 75x | as long as short |
| BingX CAKE-USDT | −0.320% | +0.0100% | 4h | — | $3.2M | — | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | −0.282% | L +0.0427% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| MEXC CAKE_USDT | −0.227% | +0.0100% | 4h | $13.2M | $2.6M | 125x | as long as short |
| ApeX Omni CAKEUSDT | −0.189% | +0.0100% | 1h | $16K | $695K | 50x | as long as short |
| Bybit CAKEUSDT | −0.162% | +0.0100% | 4h | $5.5M | $4.3M | 50x | as long as short |
| KuCoin CAKEUSDTM | −0.162% | +0.0100% | 4h | $2.6M | $6.1M | 50x | as long as short |
| Bitget CAKEUSDT | −0.150% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate CAKE_USDT | −0.131% | +0.0100% | 4h | $866K | $1.1M | 75x | as long as short |
| Aster CAKEUSDT | −0.072% | +0.0100% | 4h | $2.4M | $126K | 10x | as long as short |
| Hyperliquid CAKEshort | −0.015% | +0.0100% | 1h | $2.9M | $4.1M | 3x | |
| BloFin CAKE-USDTlong | 0.000% | +0.0078% | 4h | $1.0M | $415K | 75x | |
| Orderly PERP_CAKE_USDC | +0.027% | +0.0061% | 4h | $17K | $2K | 10x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.355% | −0.0125% | 1h | $59K | $54K | 10x | as long as short |