Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.040%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.040%, 7d avg −0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.5051 | 0.0100 | pay 0.0050% / 4h | 42m 01s | $13.6M | $2.9M | 125x |
| Short | Bybit CAKEUSDT | 2.5041 | 0.0100 | get 0.0050% / 4h | 42m 01s | $5.2M | $3.6M | 50x |
MEXC CAKE_USDT
Bybit CAKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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: −0.040% → −0.022%
- −$1.76
- Slippage, 4 orders
- −$40.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.44
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 min ago.
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 MEXC live order book, 1 min ago | 0.60 bp | 4.8 bp −$5 | 34.5 bp −$345 | 98.4 bp −$9,842 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.99 bp | 21.3 bp −$21 | 55.7 bp −$557 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CAKEUSDT | −0.0104% | 1h | 2.5043 | −0.032% | $11K | $679K | 50x | as long as short |
| Orderly PERP_CAKE_USDC | +0.0012% | 4h | 2.5054 | +0.012% | $7K | $14K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.0033% | 1h | 2.5440 | +1.553% | $113 | $52K | 5.5x | as long as short |
| Hyperliquid CAKE | +0.0100% | 1h | 2.5080 | +0.114% | $3.1M | $2.5M | 3x | as long as short |
| Aster CAKEUSDT | +0.0100% | 4h | 2.5076 | +0.098% | $2.4M | $76K | 10x | as long as short |
| Binance CAKEUSDT | +0.0100% | 4h | 2.5064 | +0.052% | $17.9M | $31.3M | 75x | as long as short |
| Bybit CAKEUSDTshort | +0.0100% | 4h | 2.5041 | −0.040% | $5.2M | $3.6M | 50x | |
| Gate CAKE_USDT | +0.0100% | 4h | 2.5073 | +0.088% | $874K | $641K | 75x | as long as short |
| MEXC CAKE_USDTlong | +0.0100% | 4h | 2.5051 | long leg | $13.6M | $2.9M | 125x | |
| KuCoin CAKEUSDTM | +0.0100% | 4h | 2.5055 | +0.016% | $2.4M | $5.4M | 50x | as long as short |
ApeX Omni CAKEUSDT
Orderly PERP_CAKE_USDC
Injective CAKE/USDC PERP
Hyperliquid CAKE
Aster CAKEUSDT
Binance CAKEUSDT
Gate CAKE_USDT
KuCoin CAKEUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.0100% | 4h | 2.5079 | +0.112% | $2.6M | $2.3M | 75x | as long as short |
| BingX CAKE-USDT | +0.0100% | 4h | 2.5054 | +0.012% | — | $3.7M | — | as long as short |
| Variational Omni CAKE | +0.0100% | 4h | 2.5000 | −0.202% | $519K | $469K | — | as long as short |
| BloFin CAKE-USDT | +0.0115% | 4h | 2.5042 | −0.036% | $997K | $367K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | L +0.0416% / S −0.0269% | 1h | 2.5076 | +0.100% | $37K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.0746% | 1h | 2.5207 | +0.625% | $53K | $38K | 10x | as long as short |
Bitget CAKEUSDT
BingX CAKE-USDT
Variational Omni CAKE
BloFin CAKE-USDT
GMX CAKE/USD [WBTC.b-USDC]
Kraken Futures PF_CAKEUSD