# CAKE Funding Rates

As of 2026-10-03 09:34 UTC, CAKE perpetual funding averages -0.0060% per 8 hours (-6.58% APR) across all 16 exchanges that list it, weighted by 24h volume (median -0.0139%). Highest: Bitget 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 Bitget collects a gross spread of 0.0510% per 8 hours (55.84% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bitget](https://arbtide.com/funding-rates/cake/bitget) | [CAKE/USDT:USDT](https://www.bitget.com/futures/usdt/CAKEUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/cake/kucoin) | [CAKE/USDT:USDT](https://www.kucoin.com/trade/futures/CAKEUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/cake/bingx) | [CAKE/USDT:USDT](https://bingx.com/en/perpetual/CAKE-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/cake/whitebit) | [CAKE/USDT:USDT](https://whitebit.com/trade/CAKE-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Aster](https://arbtide.com/funding-rates/cake/aster) | [CAKE/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/CAKEUSDT) | 0.0035% | 4h | 7.63% | — |
| [Gate](https://arbtide.com/funding-rates/cake/gate) | [CAKE/USDT:USDT](https://www.gate.com/futures/USDT/CAKE_USDT) | -0.0053% | 4h | -11.61% | 2026-10-03 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/cake/mexc) | [CAKE/USDT:USDT](https://www.mexc.com/futures/CAKE_USDT) | -0.0069% | 4h | -15.11% | 2026-10-03 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/cake/binance) | [CAKE/USDT:USDT](https://www.binance.com/en/futures/CAKEUSDT) | -0.0070% | 4h | -15.24% | 2026-10-03 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/cake/lbank) | [CAKE/USDT:USDT](https://www.lbank.com/futures/cakeusdt) | -0.0070% | 4h | -15.24% | 2026-10-03 12:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/cake/toobit) | [CAKE/USDT:USDT](https://www.toobit.com/en-US/futures/CAKE-SWAP-USDT) | -0.0070% | 4h | -15.24% | 2026-10-03 12:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/cake/weex) | [CAKE/USDT:USDT](https://www.weex.com/futures/CAKE-USDT) | -0.0087% | 4h | -19.15% | 2026-10-03 09:34 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/cake/woofipro) | [CAKE/USDC:USDC](https://pro.woofi.com/en/trade/CAKE_PERP) | -0.0127% | 4h | -27.70% | 2026-10-03 12:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/cake/bybit) | [CAKE/USDT:USDT](https://www.bybit.com/trade/usdt/CAKEUSDT) | -0.0132% | 4h | -28.86% | 2026-10-03 12:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/cake/hyperliquid) | [CAKE/USDC:USDC](https://app.hyperliquid.xyz/trade/CAKE) | -0.0034% | 1h | -29.98% | 2026-10-03 10:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/cake/xt) | [CAKE/USDT:USDT](https://www.xt.com/en/futures/trade/cake_usdt) | -0.0205% | 4h | -44.90% | 2026-10-03 12:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/cake/kraken) | [CAKE/USD:USD](https://pro.kraken.com/app/trade/futures-cake-usd-perp) | -0.0097% | 1h | -85.02% | — |

## Frequently asked questions

### Is the CAKE funding rate positive right now?

Mostly no. CAKE funding is positive on 5 of the 16 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest CAKE funding rate?

Bitget 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 Bitget. Trading fees, slippage and price basis reduce the net return.

### How often is CAKE funding paid?

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