Spread before costs (cost unknown: a leg has no order-book sample)+0.079%
7d average+0.048%if it closes, per $10,000$8funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CAKE_USDT | 2.5290 | 0.0100 | pay 0.0050% / 4h | 59m 59s | $844K | $1.1M | 75x |
| Short | Hyperliquid CAKE | 2.5310 | 0.0100 | get 0.0013% / 1h | 59m 59s | $3.0M | $4.1M | 3x |
Gate CAKE_USDT
Hyperliquid CAKEPrice 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
- $7.91
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.09
- Spread needed to break even
- 0.240%
Slippage unknown: Gate: live order book, 4 min ago; Hyperliquid: live order book, 3 min ago. Net counts fees only.
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, 4 min ago | 4.94 bp | 34.4 bp −$34 | 131.6 bp −$1,316 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.99 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Bybit2.5280cheapestBinance2.5285+0.021%MEXC2.5288+0.032%
Bybit
Binance
MEXCGate2.5290+0.040%
Orderly2.5294+0.055%BingX2.5296+0.063%GMX2.5304+0.094%KuCoin2.5305+0.099%Bitget2.5308+0.111%
Orderly
BingX
GMX
KuCoin
BitgetHyperliquid2.5310+0.119%
Aster2.5320+0.157%Variational Omni2.5326+0.181%BloFin2.5347+0.265%ApeX Omni2.5350+0.277%Kraken Futures2.5406+0.497%Injective2.5440+0.633%
Aster
Variational Omni
BloFin
ApeX Omni
Kraken Futures
InjectiveCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | −0.040% | +0.0100% | 4h | $5.2M | $4.4M | 50x | as long as short |
| Binance CAKEUSDT | −0.019% | +0.0100% | 4h | $17.7M | $41.3M | 75x | as long as short |
| MEXC CAKE_USDT | −0.008% | +0.0100% | 4h | $13.0M | $2.8M | 125x | as long as short |
| Gate CAKE_USDTlong | 0.000% | +0.0100% | 4h | $844K | $1.1M | 75x | |
| Orderly PERP_CAKE_USDC | +0.016% | +0.0036% | 4h | $7K | $15K | 10x | as long as short |
| BingX CAKE-USDT | +0.024% | +0.0100% | 4h | — | $3.4M | — | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.054% | L +0.0421% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| KuCoin CAKEUSDTM | +0.059% | +0.0100% | 4h | $2.5M | $5.8M | 50x | as long as short |
| Bitget CAKEUSDT | +0.071% | +0.0100% | 4h | $2.7M | $3.1M | 75x | as long as short |
| Hyperliquid CAKEshort | +0.079% | +0.0100% | 1h | $3.0M | $4.1M | 3x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CAKEUSDT | +0.118% | +0.0100% | 4h | $2.4M | $116K | 10x | as long as short |
| Variational Omni CAKE | +0.141% | +0.0100% | 4h | $540K | $517K | — | as long as short |
| BloFin CAKE-USDT | +0.225% | +0.0153% | 4h | $985K | $385K | 75x | as long as short |
| ApeX Omni CAKEUSDT | +0.237% | +0.0017% | 1h | $15K | $696K | 50x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.457% | +0.0973% | 1h | $58K | $48K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.593% | +0.0033% | 1h | $113 | $52K | 5.5x | as long as short |