Spread before costs (cost unknown: a leg has no order-book sample)+0.185%
7d average+0.052%if it closes, per $10,000$19funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CAKE | 2.5430 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $490K | $406K | — |
| Short | Hyperliquid CAKE | 2.5477 | 0.0100 | get 0.0013% / 1h | 10m 00s | $2.7M | $3.9M | 3x |
Variational Omni CAKE
Hyperliquid 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
- $18.55
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $9.55
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; Hyperliquid: live order book, 3 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 Variational Omni RFQ quote, 45 min ago | 6.65 bp | doesn't fit | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.3950cheapest
ApeX Omni2.5422+6.146%BloFin2.5428+6.171%
Injective
ApeX Omni
BloFinVariational Omni2.5430+6.178%
Gate2.5431+6.184%BingX2.5447+6.251%Orderly2.5455+6.284%Bybit2.5460+6.305%Binance2.5461+6.308%MEXC2.5462+6.313%KuCoin2.5465+6.326%Aster2.5467+6.334%GMX2.5467+6.335%Kraken Futures2.5475+6.369%
Gate
BingX
Orderly
Bybit
Binance
MEXC
KuCoin
Aster
GMX
Kraken FuturesHyperliquid2.5477+6.375%
Bitget2.5498+6.463%
BitgetCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −5.818% | +0.0033% | 1h | $13 | $61K | 5.5x | as long as short |
| ApeX Omni CAKEUSDT | −0.030% | −0.0080% | 1h | $16K | $690K | 50x | as long as short |
| BloFin CAKE-USDT | −0.006% | +0.0132% | 4h | $988K | $405K | 75x | as long as short |
| Variational Omni CAKElong | 0.000% | +0.0100% | 4h | $490K | $406K | — | |
| Gate CAKE_USDT | +0.006% | +0.0100% | 4h | $849K | $1.1M | 75x | as long as short |
| BingX CAKE-USDT | +0.069% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| Orderly PERP_CAKE_USDC | +0.100% | +0.0054% | 4h | $16K | $2K | 10x | as long as short |
| Bybit CAKEUSDT | +0.120% | +0.0100% | 4h | $5.4M | $4.1M | 50x | as long as short |
| Binance CAKEUSDT | +0.122% | +0.0100% | 4h | $17.9M | $38.9M | 75x | as long as short |
| MEXC CAKE_USDT | +0.128% | +0.0100% | 4h | $12.9M | $2.4M | 125x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin CAKEUSDTM | +0.139% | +0.0100% | 4h | $2.6M | $6.1M | 50x | as long as short |
| Aster CAKEUSDT | +0.147% | +0.0100% | 4h | $2.4M | $118K | 10x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | +0.148% | L +0.0422% / S −0.0272% | 1h | $38K | — | 100x | as long as short |
| Kraken Futures PF_CAKEUSD | +0.180% | −0.0076% | 1h | $58K | $48K | 10x | as long as short |
| Hyperliquid CAKEshort | +0.185% | +0.0100% | 1h | $2.7M | $3.9M | 3x | |
| Bitget CAKEUSDT | +0.269% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |