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)+0.156%
7d average+0.098%if it closes, per $10,000$16funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CAKE2.54320.0100pay 0.0050% / 4h1h 59m$541K$516K
ShortAster CAKEUSDT2.54720.0100get 0.0050% / 4h1h 59m$2.4M$127K10x

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
$15.56
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$7.56
Spread needed to break even
0.080%
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Aster: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 40 min ago4.70 bpdoesn't fit77.3 bp −$773doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago8.46 bp23.4 bp −$231811.4 bp −$18.1Kdoesn't fitdoesn't fit

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
ApeX Omni CAKEUSDT−0.120%+0.0100%1h$11K$695K50xas long as short
Gate CAKE_USDT−0.017%+0.0100%4h$848K$1.1M75xas long as short
Variational Omni CAKElong0.000%+0.0100%4h$541K$516K
BloFin CAKE-USDT+0.022%+0.0130%4h$997K$389K75xas long as short
MEXC CAKE_USDT+0.053%+0.0100%4h$12.9M$2.8M125xas long as short
Binance CAKEUSDT+0.058%+0.0100%4h$17.9M$42.4M75xas long as short
KuCoin CAKEUSDTM+0.061%+0.0100%4h$2.5M$6.0M50xas long as short
Bybit CAKEUSDT+0.069%+0.0100%4h$5.3M$4.5M50xas long as short
Orderly PERP_CAKE_USDC+0.073%+0.0046%4h$7K$15K10xas long as short
BingX CAKE-USDT+0.077%+0.0100%4h$3.4Mas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX CAKE/USD [WBTC.b-USDC]+0.120%L +0.0422% / S −0.0272%1h$38K100xas long as short
Bitget CAKEUSDT+0.132%+0.0100%4h$2.7M$3.2M75xas long as short
Aster CAKEUSDTshort+0.156%+0.0100%4h$2.4M$127K10x
Hyperliquid CAKE+0.175%+0.0100%1h$3.0M$4.4M3xas long as short
Kraken Futures PF_CAKEUSD+0.211%+0.1446%1h$58K$48K10xas long as short
Injective CAKE/USDC PERP+0.659%+0.0033%1h$114$505.5xas long as short