After costs, if the gap returns to its 7d average, $10k−$121
spread now−0.311%7d average+0.068%fees + slippage, in and out−$83spread needed0.827%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CAKEUSDT | 2.5712 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $5.3M | $4.5M | 50x |
| Short | ApeX Omni CAKEUSDT | 2.5632 | 0.0042 | get 0.0005% / 1h | 17m 06s | $11K | $697K | 50x |
Bybit CAKEUSDT
ApeX Omni CAKEUSDTPrice 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
- −$31.11
- Funding while held
- −$1.75
- Slippage, 4 orders
- −$61.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$115.53
- Spread needed to break even
- 0.827%
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0058%
- Per $10,000 a day
- −$1.75
- 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 Bybit live order book, 2 min ago | 1.95 bp | 25.6 bp −$26 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 28 min ago | 7.78 bp | 15.7 bp −$16 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapest
InjectiveApeX Omni2.5632+0.125%
Variational Omni2.5671+0.277%BloFin2.5697+0.379%Gate2.5710+0.430%BingX2.5710+0.430%
Variational Omni
BloFin
Gate
BingXBybit2.5712+0.438%
Binance2.5713+0.443%Orderly2.5714+0.445%MEXC2.5717+0.457%Aster2.5726+0.491%KuCoin2.5732+0.516%GMX2.5738+0.539%Bitget2.5742+0.555%Hyperliquid2.5746+0.570%Kraken Futures2.5752+0.592%
Binance
Orderly
MEXC
Aster
KuCoin
GMX
Bitget
Hyperliquid
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 | −0.436% | +0.0401% | 1h | $114 | $50 | 5.5x | as long as short |
| ApeX Omni CAKEUSDTshort | −0.311% | +0.0042% | 1h | $11K | $697K | 50x | |
| Variational Omni CAKE | −0.160% | +0.0100% | 4h | $555K | $503K | — | as long as short |
| BloFin CAKE-USDT | −0.058% | +0.0045% | 4h | $1.0M | $384K | 75x | as long as short |
| Gate CAKE_USDT | −0.008% | +0.0100% | 4h | $867K | $1.1M | 75x | as long as short |
| BingX CAKE-USDT | −0.008% | +0.0100% | 4h | — | $3.3M | — | as long as short |
| Bybit CAKEUSDTlong | 0.000% | +0.0100% | 4h | $5.3M | $4.5M | 50x | |
| Binance CAKEUSDT | +0.005% | +0.0100% | 4h | $18.2M | $42.2M | 75x | as long as short |
| Orderly PERP_CAKE_USDC | +0.008% | +0.0054% | 4h | $7K | $15K | 10x | as long as short |
| MEXC CAKE_USDT | +0.019% | +0.0100% | 4h | $12.9M | $2.7M | 125x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CAKEUSDT | +0.054% | +0.0100% | 4h | $2.4M | $132K | 10x | as long as short |
| KuCoin CAKEUSDTM | +0.078% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.101% | L +0.0425% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Bitget CAKEUSDT | +0.117% | +0.0100% | 4h | $2.9M | $3.0M | 75x | as long as short |
| Hyperliquid CAKE | +0.132% | +0.0100% | 1h | $3.1M | $4.4M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.154% | +0.1558% | 1h | $58K | $54K | 10x | as long as short |