Spread before costs (cost unknown: a leg has no order-book sample)+2.016%
7d average—if it closes, per $10,000$202funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CAKE/USDC PERP | 2.5600 | 0.0033 | pay 0.0004% / 1h | 13m 47s | $114 | $50 | 5.5x |
| Short | Binance CAKEUSDT | 2.6116 | 0.0100 | get 0.0050% / 4h | 13m 47s | $18.6M | $40.6M | 75x |
Injective CAKE/USDC PERP
Binance 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
- $201.56
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $193.54
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 1.56 bp | 12.5 bp −$13 | 33.6 bp −$336 | 143.7 bp −$14.4K | doesn'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.Injective2.5600cheapest
Variational Omni2.5953+1.378%ApeX Omni2.5965+1.426%BloFin2.6063+1.809%KuCoin2.6104+1.969%MEXC2.6109+1.988%Orderly2.6110+1.992%GMX2.6111+1.995%Gate2.6113+2.004%
Variational Omni
ApeX Omni
BloFin
KuCoin
MEXC
Orderly
GMX
GateBinance2.6116+2.016%
Bybit2.6119+2.027%Bitget2.6120+2.031%Aster2.6121+2.037%BingX2.6126+2.055%Hyperliquid2.6153+2.160%Kraken Futures2.6165+2.208%
Bybit
Bitget
Aster
BingX
Hyperliquid
Kraken FuturesCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERPlong | 0.000% | +0.0033% | 1h | $114 | $50 | 5.5x | |
| Variational Omni CAKE | +1.378% | +0.0100% | 4h | $561K | $502K | — | as long as short |
| ApeX Omni CAKEUSDT | +1.426% | +0.0100% | 1h | $16K | $695K | 50x | as long as short |
| BloFin CAKE-USDT | +1.809% | +0.0139% | 4h | $1.0M | $419K | 75x | as long as short |
| KuCoin CAKEUSDTM | +1.969% | +0.0100% | 4h | $2.6M | $6.1M | 50x | as long as short |
| MEXC CAKE_USDT | +1.988% | +0.0100% | 4h | $13.3M | $2.6M | 125x | as long as short |
| Orderly PERP_CAKE_USDC | +1.992% | +0.0061% | 4h | $17K | $2K | 10x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +1.995% | L +0.0428% / S −0.0272% | 1h | $39K | — | 100x | as long as short |
| Gate CAKE_USDT | +2.004% | +0.0100% | 4h | $886K | $1.1M | 75x | as long as short |
| Binance CAKEUSDTshort | +2.016% | +0.0100% | 4h | $18.6M | $40.6M | 75x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CAKEUSDT | +2.027% | +0.0100% | 4h | $5.6M | $4.4M | 50x | as long as short |
| Bitget CAKEUSDT | +2.031% | +0.0100% | 4h | $2.9M | $2.9M | 75x | as long as short |
| Aster CAKEUSDT | +2.037% | +0.0100% | 4h | $2.5M | $127K | 10x | as long as short |
| BingX CAKE-USDT | +2.055% | +0.0100% | 4h | — | $3.2M | — | as long as short |
| Hyperliquid CAKE | +2.160% | +0.0100% | 1h | $3.1M | $4.2M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +2.208% | −0.0124% | 1h | $59K | $54K | 10x | as long as short |