Spread before costs (cost unknown: a leg has no order-book sample)+0.075%
7d average—if it closes, per $10,000$7funding while held, a day−$2.29
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CAKE-USDT | 2.5472 | 0.0125 | pay 0.0062% / 4h | 2h 22m | $994K | $388K | 75x |
| Short | Orderly PERP_CAKE_USDC | 2.5491 | 0.0049 | get 0.0024% / 4h | 2h 22m | $7K | $15K | 10x |
BloFin CAKE-USDT
Orderly PERP_CAKE_USDCPrice 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
- $7.46
- Funding while held
- −$2.29
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$12.83
- Spread needed to break even
- 0.180%
Slippage unknown: BloFin: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0076%
- Per $10,000 a day
- −$2.29
- 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, 1 min ago | 1.18 bp | 9.6 bp −$10 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Gate2.5470cheapest
GateBloFin2.5472+0.008%
BingX2.5491+0.082%
BingXOrderly2.5491+0.082%
Bybit2.5492+0.086%MEXC2.5496+0.102%ApeX Omni2.5496+0.102%GMX2.5502+0.126%KuCoin2.5503+0.130%Binance2.5506+0.141%Aster2.5507+0.145%Variational Omni2.5516+0.182%Bitget2.5522+0.204%Hyperliquid2.5534+0.251%Kraken Futures2.5537+0.263%Injective2.5600+0.510%
Bybit
MEXC
ApeX Omni
GMX
KuCoin
Binance
Aster
Variational Omni
Bitget
Hyperliquid
Kraken Futures
InjectiveCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate CAKE_USDT | −0.008% | +0.0100% | 4h | $849K | $1.1M | 75x | as long as short |
| BloFin CAKE-USDTlong | 0.000% | +0.0125% | 4h | $994K | $388K | 75x | |
| BingX CAKE-USDT | +0.075% | +0.0100% | 4h | — | $3.4M | — | as long as short |
| Orderly PERP_CAKE_USDCshort | +0.075% | +0.0049% | 4h | $7K | $15K | 10x | |
| Bybit CAKEUSDT | +0.079% | +0.0100% | 4h | $5.3M | $4.5M | 50x | as long as short |
| MEXC CAKE_USDT | +0.094% | +0.0100% | 4h | $12.9M | $2.7M | 125x | as long as short |
| ApeX Omni CAKEUSDT | +0.094% | +0.0100% | 1h | $11K | $696K | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.118% | L +0.0423% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| KuCoin CAKEUSDTM | +0.122% | +0.0100% | 4h | $2.5M | $6.0M | 50x | as long as short |
| Binance CAKEUSDT | +0.133% | +0.0100% | 4h | $18.0M | $42.5M | 75x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CAKEUSDT | +0.137% | +0.0100% | 4h | $2.4M | $132K | 10x | as long as short |
| Variational Omni CAKE | +0.174% | +0.0100% | 4h | $555K | $508K | — | as long as short |
| Bitget CAKEUSDT | +0.196% | +0.0100% | 4h | $2.6M | $3.1M | 75x | as long as short |
| Hyperliquid CAKE | +0.243% | +0.0100% | 1h | $3.0M | $4.4M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.256% | +0.1443% | 1h | $58K | $50K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.503% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |