After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.039%7d average+0.008%fees + slippage, in and out−$30spread needed0.303%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CAKE-USDT | 2.5905 | 0.0045 | pay 0.0022% / 4h | 0m 17s | $1.0M | $417K | 75x |
| Short | MEXC CAKE_USDT | 2.5915 | 0.0100 | get 0.0050% / 4h | 0m 17s | $13.1M | $2.7M | 125x |
BloFin CAKE-USDT
MEXC 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
- $3.86
- Funding while held
- $1.66
- Slippage, 4 orders
- −$14.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$24.83
- Spread needed to break even
- 0.303%
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0055%
- Per $10,000 a day
- +$1.66
- 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, 3 min ago | 1.34 bp | 12.1 bp −$12 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.96 bp | 5.3 bp −$5 | 33.2 bp −$332 | 108.8 bp −$10.9K | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestGate2.5886+1.117%KuCoin2.5887+1.121%Aster2.5895+1.152%Bybit2.5900+1.172%BingX2.5905+1.191%
Injective
Gate
KuCoin
Aster
Bybit
BingXBloFin2.5905+1.191%
Orderly2.5910+1.211%Variational Omni2.5910+1.211%Binance2.5911+1.215%
Orderly
Variational Omni
BinanceMEXC2.5915+1.230%
Bitget2.5919+1.246%GMX2.5923+1.263%Hyperliquid2.5941+1.332%Kraken Futures2.6023+1.651%ApeX Omni2.6118+2.023%
Bitget
GMX
Hyperliquid
Kraken Futures
ApeX OmniCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −1.177% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |
| Gate CAKE_USDT | −0.073% | +0.0100% | 4h | $872K | $1.1M | 75x | as long as short |
| KuCoin CAKEUSDTM | −0.069% | +0.0100% | 4h | $2.5M | $6.2M | 50x | as long as short |
| Aster CAKEUSDT | −0.039% | +0.0100% | 4h | $2.4M | $129K | 10x | as long as short |
| Bybit CAKEUSDT | −0.019% | +0.0100% | 4h | $5.4M | $4.5M | 50x | as long as short |
| BingX CAKE-USDT | 0.000% | +0.0100% | 4h | — | $3.2M | — | as long as short |
| BloFin CAKE-USDTlong | 0.000% | +0.0045% | 4h | $1.0M | $417K | 75x | |
| Orderly PERP_CAKE_USDC | +0.019% | +0.0061% | 4h | $7K | $15K | 10x | as long as short |
| Variational Omni CAKE | +0.020% | +0.0100% | 4h | $560K | $503K | — | as long as short |
| Binance CAKEUSDT | +0.024% | +0.0100% | 4h | $18.5M | $41.9M | 75x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC CAKE_USDTshort | +0.039% | +0.0100% | 4h | $13.1M | $2.7M | 125x | |
| Bitget CAKEUSDT | +0.054% | +0.0100% | 4h | $2.9M | $3.0M | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.071% | L +0.0426% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Hyperliquid CAKE | +0.139% | +0.0100% | 1h | $3.2M | $4.4M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.454% | −0.0125% | 1h | $59K | $53K | 10x | as long as short |
| ApeX Omni CAKEUSDT | +0.822% | +0.0100% | 1h | $15K | $697K | 50x | as long as short |