# CAKE Funding Rate on Hyperliquid

As of 2026-10-03 10:21 UTC, the CAKE perpetual on Hyperliquid pays -0.0013% per 1h, -0.0108% per 8 hours (-11.79% APR), so shorts pay longs. That is the 12th highest of 16 exchanges shown, against a volume-weighted average of 0.0011% per 8 hours (1.19% APR). Over the last 7 days Hyperliquid averaged 0.0044% per 8 hours (4.84% APR). The next funding is at 2026-10-03 11:00 UTC.

## Funding on every 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) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/cake/gate) | [CAKE/USDT:USDT](https://www.gate.com/futures/USDT/CAKE_USDT) | 0.0030% | 4h | 6.57% | 2026-10-03 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/cake/binance) | [CAKE/USDT:USDT](https://www.binance.com/en/futures/CAKEUSDT) | -0.0006% | 4h | -1.40% | 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) | -0.0006% | 4h | -1.40% | 2026-10-03 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/cake/mexc) | [CAKE/USDT:USDT](https://www.mexc.com/futures/CAKE_USDT) | -0.0009% | 4h | -1.97% | 2026-10-03 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/cake/lbank) | [CAKE/USDT:USDT](https://www.lbank.com/futures/cakeusdt) | -0.0016% | 4h | -3.52% | 2026-10-03 12:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/cake/bybit) | [CAKE/USDT:USDT](https://www.bybit.com/trade/usdt/CAKEUSDT) | -0.0040% | 4h | -8.84% | 2026-10-03 12:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/cake/hyperliquid) | [CAKE/USDC:USDC](https://app.hyperliquid.xyz/trade/CAKE) | -0.0013% | 1h | -11.79% | 2026-10-03 11:00 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 10:21 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/cake/woofipro) | [CAKE/USDC:USDC](https://pro.woofi.com/en/trade/CAKE_PERP) | -0.0112% | 4h | -24.55% | 2026-10-03 12:00 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) | -0.0082% | 1h | -71.58% | — |

## Frequently asked questions

### What is the CAKE funding rate on Hyperliquid?

-0.0013% per 1h, or -0.0108% per 8 hours (-11.79% APR), so shorts pay longs. The 7-day average is 0.0044% per 8 hours (4.84% APR).

### How often does Hyperliquid pay CAKE funding?

Every hour. The next payment is at 2026-10-03 11:00 UTC.

### Is CAKE funding on Hyperliquid higher than on other exchanges?

Hyperliquid is the 12th highest of 16 exchanges shown. The highest is Bitget at 0.0050% per 4h (10.95% APR) and the lowest is XT.COM at -0.0205% per 4h (-44.90% APR).

### How do you arbitrage CAKE funding with Hyperliquid?

Long CAKE on XT.COM and short on Hyperliquid for a gross spread of 0.0302% per 8 hours (33.11% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.