Spread before costs (cost unknown: a leg has no order-book sample)−0.071%
7d average−0.017%if it closes, per $10,000$7funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAKE_USDT | 2.5485 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $12.9M | $2.6M | 125x |
| Short | Variational Omni CAKE | 2.5467 | 0.0100 | get 0.0050% / 4h | 2h 31m | $556K | $508K | — |
MEXC CAKE_USDT
Variational Omni CAKEPrice 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
- −$7.1
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.1
- Spread needed to break even
- 0.040%
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 9 min ago. Net counts fees only.
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, 4 min ago | 1.18 bp | 5.3 bp −$5 | 28.1 bp −$281 | 85.8 bp −$8,585 | doesn't fit |
| Sell Variational Omni RFQ quote, 9 min ago | 4.70 bp | doesn't fit | 66.1 bp −$661 | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni2.5467cheapest
MEXC2.5485+0.071%
Binance2.5486+0.076%Bybit2.5490+0.091%Gate2.5492+0.099%Orderly2.5493+0.102%BloFin2.5493+0.102%BingX2.5495+0.110%GMX2.5503+0.140%Bitget2.5509+0.165%KuCoin2.5511+0.173%ApeX Omni2.5521+0.212%Aster2.5521+0.214%Hyperliquid2.5524+0.224%Kraken Futures2.5550+0.326%Injective2.5600+0.523%
Binance
Bybit
Gate
Orderly
BloFin
BingX
GMX
Bitget
KuCoin
ApeX Omni
Aster
Hyperliquid
Kraken Futures
InjectiveCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni CAKEshort | −0.071% | +0.0100% | 4h | $556K | $508K | — | |
| MEXC CAKE_USDTlong | 0.000% | +0.0100% | 4h | $12.9M | $2.6M | 125x | |
| Binance CAKEUSDT | +0.005% | +0.0100% | 4h | $18.0M | $42.4M | 75x | as long as short |
| Bybit CAKEUSDT | +0.020% | +0.0100% | 4h | $5.3M | $4.5M | 50x | as long as short |
| Gate CAKE_USDT | +0.027% | +0.0100% | 4h | $848K | $1.1M | 75x | as long as short |
| Orderly PERP_CAKE_USDC | +0.031% | +0.0050% | 4h | $7K | $15K | 10x | as long as short |
| BloFin CAKE-USDT | +0.031% | +0.0101% | 4h | $995K | $388K | 75x | as long as short |
| BingX CAKE-USDT | +0.039% | +0.0100% | 4h | — | $3.3M | — | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.069% | L +0.0423% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Bitget CAKEUSDT | +0.094% | +0.0100% | 4h | $2.6M | $3.1M | 75x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.102% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| ApeX Omni CAKEUSDT | +0.141% | +0.0100% | 1h | $11K | $695K | 50x | as long as short |
| Aster CAKEUSDT | +0.143% | +0.0100% | 4h | $2.4M | $132K | 10x | as long as short |
| Hyperliquid CAKE | +0.153% | +0.0100% | 1h | $3.0M | $4.4M | 3x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.254% | +0.1442% | 1h | $58K | $50K | 10x | as long as short |
| Injective CAKE/USDC PERP | +0.451% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |