After costs, if the gap returns to its 7d average, $10k−$146
spread now+0.062%7d average+0.092%fees + slippage, in and out−$143spread needed1.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CAKE_USDT | 2.5466 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $847K | $1.1M | 75x |
| Short | Aster CAKEUSDT | 2.5482 | 0.0100 | get 0.0050% / 4h | 2h 42m | $2.4M | $132K | 10x |
Gate CAKE_USDT
Aster 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
- $6.2
- Funding while held
- $0
- Slippage, 4 orders
- −$120.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$137.17
- Spread needed to break even
- 1.434%
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 2 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 Gate live order book, 1 min ago | 4.50 bp | 38.5 bp −$38 | 130.0 bp −$1,300 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 4.49 bp | 25.0 bp −$25 | 1923.6 bp −$19.2K | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Bybit2.5453cheapestKuCoin2.5463+0.039%
Bybit
KuCoinGate2.5466+0.051%
Binance2.5467+0.055%MEXC2.5467+0.055%Orderly2.5469+0.063%BingX2.5471+0.071%Bitget2.5479+0.102%
Binance
MEXC
Orderly
BingX
BitgetAster2.5482+0.113%
GMX2.5483+0.118%Hyperliquid2.5494+0.161%Variational Omni2.5566+0.444%ApeX Omni2.5567+0.448%Kraken Futures2.5569+0.454%BloFin2.5577+0.487%Injective2.5600+0.578%
GMX
Hyperliquid
Variational Omni
ApeX Omni
Kraken Futures
BloFin
InjectiveCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.051% | +0.0100% | 4h | $5.3M | $4.5M | 50x | as long as short |
| KuCoin CAKEUSDTM | −0.012% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| Gate CAKE_USDTlong | 0.000% | +0.0100% | 4h | $847K | $1.1M | 75x | |
| Binance CAKEUSDT | +0.004% | +0.0100% | 4h | $18.0M | $42.4M | 75x | as long as short |
| MEXC CAKE_USDT | +0.004% | +0.0100% | 4h | $12.8M | $2.6M | 125x | as long as short |
| Orderly PERP_CAKE_USDC | +0.012% | +0.0049% | 4h | $7K | $15K | 10x | as long as short |
| BingX CAKE-USDT | +0.020% | +0.0100% | 4h | — | $3.3M | — | as long as short |
| Bitget CAKEUSDT | +0.051% | +0.0100% | 4h | $2.6M | $3.1M | 75x | as long as short |
| Aster CAKEUSDTshort | +0.062% | +0.0100% | 4h | $2.4M | $132K | 10x | |
| GMX CAKE/USD [WBTC.b-USDC] | +0.067% | L +0.0422% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid CAKE | +0.110% | +0.0100% | 1h | $3.0M | $4.4M | 3x | as long as short |
| Variational Omni CAKE | +0.392% | +0.0100% | 4h | $558K | $508K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.397% | +0.0100% | 1h | $11K | $696K | 50x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.403% | +0.1441% | 1h | $58K | $52K | 10x | as long as short |
| BloFin CAKE-USDT | +0.436% | +0.0058% | 4h | $999K | $390K | 75x | as long as short |
| Injective CAKE/USDC PERP | +0.526% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |