data as of
Settings8H · net · $10k
Price arb /

CAKE

all CAKE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.176%
7d averageif it closes, per $10,000$18funding while held, a day−$10.27
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CAKE/USDC PERP2.56000.0401pay 0.0050% / 1h18m 45s$114$505.5x
ShortApeX Omni CAKEUSDT2.56450.0059get 0.0007% / 1h18m 45s$12K$696K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$17.58
Funding while held
−$10.27
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$2.72
Spread needed to break even
0.100%
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 26 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0342%
Per $10,000 a day
$10.27
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 26 min ago7.78 bp15.7 bp −$16105.0 bp −$1,050doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CAKE price on every exchange

against the cheapest. Click to use as the short leg.

CAKE on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective CAKE/USDC PERPlong0.000%+0.0401%1h$114$505.5x
BloFin CAKE-USDT+0.016%+0.0113%4h$1.0M$382K75xas long as short
Orderly PERP_CAKE_USDC+0.039%+0.0054%4h$7K$15K10xas long as short
Gate CAKE_USDT+0.086%+0.0100%4h$866K$1.1M75xas long as short
GMX CAKE/USD [WBTC.b-USDC]+0.122%L +0.0425% / S −0.0272%1h$38K100xas long as short
Bybit CAKEUSDT+0.156%+0.0100%4h$5.3M$4.5M50xas long as short
BingX CAKE-USDT+0.172%+0.0100%4h$3.3Mas long as short
MEXC CAKE_USDT+0.176%+0.0100%4h$12.9M$2.7M125xas long as short
ApeX Omni CAKEUSDTshort+0.176%+0.0059%1h$12K$696K50x
Aster CAKEUSDT+0.194%+0.0100%4h$2.4M$132K10xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance CAKEUSDT+0.218%+0.0100%4h$18.1M$42.2M75xas long as short
KuCoin CAKEUSDTM+0.227%+0.0100%4h$2.5M$6.1M50xas long as short
Variational Omni CAKE+0.277%+0.0100%4h$555K$503Kas long as short
Bitget CAKEUSDT+0.301%+0.0100%4h$2.9M$3.0M75xas long as short
Hyperliquid CAKE+0.335%+0.0100%1h$3.1M$4.4M3xas long as short
Kraken Futures PF_CAKEUSD+0.493%+0.1559%1h$58K$54K10xas long as short