Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.014%
Price spread now: Bitget against Hyperliquid−0.020%7-day average −0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now −0.020%, 7d avg −0.050%
=Together, before fees−0.128%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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: Bitget is 0.030% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CAKE | 2.5292 | 0.0100 | pay 0.0013% / 1h | 38m 07s | $3.0M | $4.1M | 3x |
| Short | Bitget CAKEUSDT | 2.5287 | 0.0100 | get 0.0050% / 4h | 38m 07s | $2.7M | $3.1M | 75x |
Hyperliquid CAKE
Bitget CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.020% → −0.050%
- $3.05
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$17.95
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 13 min ago; Bitget: live order book, 2 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, 13 min ago | 0.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.36 bp | 20.5 bp −$21 | 51.1 bp −$511 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −0.0260% | 1h | 2.5440 | +0.585% | $113 | $52K | 5.5x | as long as short |
| ApeX Omni CAKEUSDT | +0.0003% | 1h | 2.5285 | −0.028% | $13K | $696K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0022% | 4h | 2.5266 | −0.103% | $7K | $15K | 10x | as long as short |
| BloFin CAKE-USDT | +0.0099% | 4h | 2.5257 | −0.138% | $979K | $383K | 75x | as long as short |
| Hyperliquid CAKElong | +0.0100% | 1h | 2.5292 | long leg | $3.0M | $4.1M | 3x | |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5280 | −0.049% | $2.4M | $118K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5259 | −0.131% | $17.6M | $41.3M | 75x | as long as short |
| Bybit CAKEUSDT | +0.0100% | 4h | 2.5260 | −0.127% | $5.2M | $4.5M | 50x | as long as short |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5277 | −0.059% | $873K | $1.1M | 75x | as long as short |
| MEXC CAKE_USDT | +0.0100% | 4h | 2.5258 | −0.134% | $13.1M | $2.8M | 125x | as long as short |
Injective CAKE/USDC PERP
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
BloFin CAKE-USDT
Aster CAKEUSDT
Binance CAKEUSDT
Bybit CAKEUSDT
Gate CAKE_USDT
MEXC CAKE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5278 | −0.055% | $2.5M | $5.9M | 50x | as long as short |
| Bitget CAKEUSDTshort | +0.0100% | 4h | 2.5287 | −0.020% | $2.7M | $3.1M | 75x | |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5264 | −0.111% | — | $3.5M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5274 | −0.071% | $539K | $517K | — | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0261% | 1h | 2.5312 | +0.078% | $58K | $48K | 10x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0419% / S −0.0272% | 1h | 2.5283 | −0.035% | $37K | — | 100x | as long as short |
KuCoin CAKEUSDTM
BingX CAKE-USDT
Variational Omni CAKE
Kraken Futures PF_CAKEUSD
GMX CAKE/USD [WBTC.b-USDC]