After costs, if the gap returns to its 7d average, $10k−$94
spread now−0.016%7d average−0.008%fees + slippage, in and out−$93spread needed0.928%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.5651 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $12.9M | $2.7M | 125x |
| Short | Gate CAKE_USDT | 2.5647 | 0.0100 | get 0.0050% / 4h | 3h 21m | $866K | $1.1M | 75x |
MEXC CAKE_USDT
Gate CAKE_USDTPrice 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
- −$1.56
- Funding while held
- $0
- Slippage, 4 orders
- −$73.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.33
- Spread needed to break even
- 0.928%
Slippage from MEXC: live order book, 8 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 MEXC live order book, 8 min ago | 1.36 bp | 6.1 bp −$6 | 40.3 bp −$403 | 98.0 bp −$9,802 | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.48 bp | 42.1 bp −$42 | 92.4 bp −$924 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestBybit2.5640+0.156%Binance2.5644+0.171%BingX2.5644+0.172%
Injective
Bybit
Binance
BingXGate2.5647+0.184%
KuCoin2.5650+0.195%
KuCoinMEXC2.5651+0.199%
Bitget2.5662+0.242%Hyperliquid2.5674+0.289%Aster2.5683+0.325%Orderly2.5695+0.371%BloFin2.5698+0.383%GMX2.5705+0.409%ApeX Omni2.5710+0.430%Variational Omni2.5775+0.685%Kraken Futures2.5819+0.857%
Bitget
Hyperliquid
Aster
Orderly
BloFin
GMX
ApeX Omni
Variational Omni
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 PERP | −0.199% | +0.0401% | 1h | $114 | $50 | 5.5x | as long as short |
| Bybit CAKEUSDT | −0.043% | +0.0100% | 4h | $5.3M | $4.5M | 50x | as long as short |
| Binance CAKEUSDT | −0.029% | +0.0100% | 4h | $18.2M | $42.3M | 75x | as long as short |
| BingX CAKE-USDT | −0.027% | +0.0100% | 4h | — | $3.3M | — | as long as short |
| Gate CAKE_USDTshort | −0.016% | +0.0100% | 4h | $866K | $1.1M | 75x | |
| KuCoin CAKEUSDTM | −0.004% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| MEXC CAKE_USDTlong | 0.000% | +0.0100% | 4h | $12.9M | $2.7M | 125x | |
| Bitget CAKEUSDT | +0.043% | +0.0100% | 4h | $2.9M | $3.0M | 75x | as long as short |
| Hyperliquid CAKE | +0.090% | +0.0100% | 1h | $3.1M | $4.4M | 3x | as long as short |
| Aster CAKEUSDT | +0.126% | +0.0100% | 4h | $2.4M | $132K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_CAKE_USDC | +0.172% | +0.0054% | 4h | $7K | $15K | 10x | as long as short |
| BloFin CAKE-USDT | +0.183% | +0.0156% | 4h | $999K | $384K | 75x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.209% | L +0.0425% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| ApeX Omni CAKEUSDT | +0.230% | +0.0052% | 1h | $12K | $696K | 50x | as long as short |
| Variational Omni CAKE | +0.485% | +0.0100% | 4h | $557K | $503K | — | as long as short |
| Kraken Futures PF_CAKEUSD | +0.657% | +0.1553% | 1h | $58K | $54K | 10x | as long as short |