After costs, if the gap returns to its 7d average, $10k−$64
spread now+0.011%7d average+0.020%fees + slippage, in and out−$63spread needed0.632%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CAKEUSDT | 2.6149 | 0.0100 | pay 0.0050% / 4h | 12m 52s | $5.6M | $4.4M | 50x |
| Short | Binance CAKEUSDT | 2.6152 | 0.0100 | get 0.0050% / 4h | 12m 52s | $18.6M | $40.6M | 75x |
Bybit CAKEUSDT
Binance 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
- $1.09
- Funding while held
- $0
- Slippage, 4 orders
- −$42.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.12
- Spread needed to break even
- 0.632%
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 1 min ago | 1.91 bp | 25.4 bp −$25 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.56 bp | 12.5 bp −$13 | 33.6 bp −$336 | 143.7 bp −$14.4K | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestVariational Omni2.5953+1.378%ApeX Omni2.6077+1.863%BloFin2.6134+2.086%Gate2.6137+2.098%Orderly2.6138+2.102%Aster2.6140+2.109%BingX2.6141+2.113%GMX2.6143+2.120%KuCoin2.6143+2.121%MEXC2.6144+2.125%
Injective
Variational Omni
ApeX Omni
BloFin
Gate
Orderly
Aster
BingX
GMX
KuCoin
MEXCBybit2.6149+2.145%
Binance2.6152+2.156%
Bitget2.6154+2.164%Kraken Futures2.6164+2.205%Hyperliquid2.6197+2.332%
Bitget
Kraken Futures
HyperliquidCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −2.100% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |
| Variational Omni CAKE | −0.750% | +0.0100% | 4h | $561K | $502K | — | as long as short |
| ApeX Omni CAKEUSDT | −0.275% | +0.0100% | 1h | $16K | $696K | 50x | as long as short |
| BloFin CAKE-USDT | −0.057% | +0.0105% | 4h | $1.0M | $420K | 75x | as long as short |
| Gate CAKE_USDT | −0.046% | +0.0100% | 4h | $887K | $1.1M | 75x | as long as short |
| Orderly PERP_CAKE_USDC | −0.042% | +0.0061% | 4h | $17K | $2K | 10x | as long as short |
| Aster CAKEUSDT | −0.035% | +0.0100% | 4h | $2.5M | $127K | 10x | as long as short |
| BingX CAKE-USDT | −0.031% | +0.0100% | 4h | — | $3.2M | — | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | −0.024% | L +0.0428% / S −0.0272% | 1h | $39K | — | 100x | as long as short |
| KuCoin CAKEUSDTM | −0.023% | +0.0100% | 4h | $2.6M | $6.1M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC CAKE_USDT | −0.019% | +0.0100% | 4h | $13.3M | $2.6M | 125x | as long as short |
| Bybit CAKEUSDTlong | 0.000% | +0.0100% | 4h | $5.6M | $4.4M | 50x | |
| Binance CAKEUSDTshort | +0.011% | +0.0100% | 4h | $18.6M | $40.6M | 75x | |
| Bitget CAKEUSDT | +0.019% | +0.0100% | 4h | $2.9M | $2.9M | 75x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.059% | −0.0124% | 1h | $58K | $55K | 10x | as long as short |
| Hyperliquid CAKE | +0.184% | +0.0100% | 1h | $3.1M | $4.3M | 3x | as long as short |