CAKE Funding Rates: Live Across 16 Exchanges

As of 2026-10-03 07:55 UTC, CAKE perpetual funding averages -0.0068% per 8 hours (-7.44% APR) across all 16 exchanges that list it, weighted by 24h volume (median -0.0157%). Highest: Bybit at 0.0050% per 4h (10.95% APR). Lowest: XT.COM at -0.0205% per 4h (-44.90% APR). Going long on XT.COM and short on Bybit collects a gross spread of 0.0510% per 8 hours (55.84% APR) before fees.

Long CAKE on XT.COM and short on Bybit for a funding gap of 0.0510% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the CAKE funding rate positive right now?

Mostly no. CAKE funding is positive on 7 of the 16 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest CAKE funding rate?

Bybit at 0.0050% per 4h (10.95% APR). The lowest is XT.COM at -0.0205% per 4h (-44.90% APR).

What is the CAKE funding arbitrage spread?

The gross spread is 0.0510% per 8 hours (55.84% APR): long CAKE on XT.COM and short on Bybit. Trading fees, slippage and price basis reduce the net return.

How often is CAKE funding paid?

CAKE funding is paid every 4 hours on Bybit, Bitget, BingX, WhiteBIT, WEEX, KuCoin, Aster, MEXC, Binance, LBank, Toobit, WOOFi Pro, Gate, and XT.COM; every hour on Hyperliquid and Kraken. Rates on this page are also shown as APR so they can be compared directly.