Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Aster against Hyperliquid−0.087%7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now −0.087%, 7d avg +0.024%
=Together, before fees+0.037%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.111% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CAKE | 2.5519 | 0.0100 | pay 0.0013% / 1h | 57m 54s | $3.1M | $3.4M | 3x |
| Short | Aster CAKEUSDT | 2.5497 | 0.0100 | get 0.0050% / 4h | 2h 57m | $2.4M | $111K | 10x |
Hyperliquid CAKE
Aster CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.087% → +0.024%
- −$11.15
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$28.15
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Aster: live order book, 1 min ago. Net counts fees only.
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 Hyperliquid live order book, 3 min ago | 0.98 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 4.12 bp | 28.5 bp −$28 | 2040.5 bp −$20.4K | doesn't fit | doesn't fit |
CAKE on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | +0.0005% | 4h | 2.5488 | −0.121% | $7K | $15K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | −0.310% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKElong | +0.0100% | 1h | 2.5519 | long leg | $3.1M | $3.4M | 3x | |
| Aster CAKEUSDTshort | +0.0100% | 4h | 2.5497 | −0.087% | $2.4M | $111K | 10x | |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5477 | −0.165% | $18.2M | $40.1M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5470 | −0.192% | $5.3M | $4.2M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5475 | −0.172% | $888K | $858K | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5474 | −0.176% | $14.2M | $2.8M | 125x | as long as short |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5499 | −0.078% | $2.5M | $5.8M | 50x | as long as short |
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5491 | −0.110% | $2.7M | $3.1M | 75x | as long as short |
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDT
KuCoin CAKEUSDTM
Bitget CAKEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAKE-USDT | +0.0100% | 4h | 2.5486 | −0.129% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5525 | +0.025% | $545K | $498K | — | as long as short |
| ApeX Omni CAKEUSDT | +0.0100% | 1h | 2.5493 | −0.102% | $13K | $694K | 50x | as long as short |
| BloFin CAKE-USDT | +0.0106% | 4h | 2.5508 | −0.043% | $998K | $338K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0420% / S −0.0272% | 1h | 2.5493 | −0.100% | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0497% | 1h | 2.5524 | +0.021% | $57K | $39K | 10x | as long as short |
BingX CAKE-USDT
Variational Omni CAKE
ApeX Omni CAKEUSDT
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD