CAKE · Convergence Trade
Current Spread
updated 0s ago+0.078%higher than 75% of spread values(window 1D)
long $1.4105 · short $1.4116(long 14m / short 8m old)
market median $1.4118· long -0.1%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.08% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$7.80 | -$42.20 | -$92.20 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$16.20 | -$66.20 | -$116.20 |
Breakeven move 0.2400%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 59 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 257 samples
Current
+0.078%
75 pct
Median
+0.029%
Average
+0.025%
P25 → P75
-0.014% … +0.073%
Range
-0.366% … +0.397%
Std dev
±0.092%
Size$
chart range
Loading Mark Prices…
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LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $1.4105
- Exchange Ticker
- CAKEUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $1.15M
- 24h Vol
- $256.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $1.4116
- Exchange Ticker
- CAKEUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $1.41M
- 24h Vol
- $1.45M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short208 long / 200 short samples · 2 days · auto-refresh every 30s