# CAKE Funding Rate on Toobit

As of 2026-10-04 21:48 UTC, the CAKE perpetual on Toobit pays -0.0003% per 4h, -0.0005% per 8 hours (-0.59% APR), so shorts pay longs. That is the 14th highest of 16 exchanges shown, against a volume-weighted average of -0.0032% per 8 hours (-3.46% APR). Over the last 7 days Toobit averaged 0.0016% per 8 hours (1.71% APR). The next funding is at 2026-10-05 00:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/cake/bybit) | [CAKE/USDT:USDT](https://www.bybit.com/trade/usdt/CAKEUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/cake/bitget) | [CAKE/USDT:USDT](https://www.bitget.com/futures/usdt/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) | 0.0050% | 4h | 10.95% | 2026-10-05 00:00 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% | 2026-10-05 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/cake/weex) | [CAKE/USDT:USDT](https://www.weex.com/futures/CAKE-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 21:48 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/cake/hyperliquid) | [CAKE/USDC:USDC](https://app.hyperliquid.xyz/trade/CAKE) | 0.0013% | 1h | 10.95% | 2026-10-04 22:00 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% | — |
| [Kraken](https://arbtide.com/funding-rates/cake/kraken) | [CAKE/USD:USD](https://pro.kraken.com/app/trade/futures-cake-usd-perp) | 0.000027% | 1h | 0.23% | — |
| [MEXC](https://arbtide.com/funding-rates/cake/mexc) | [CAKE/USDT:USDT](https://www.mexc.com/futures/CAKE_USDT) | -0.0002% | 4h | -0.44% | 2026-10-05 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/cake/binance) | [CAKE/USDT:USDT](https://www.binance.com/en/futures/CAKEUSDT) | -0.0003% | 4h | -0.59% | 2026-10-05 00:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/cake/xt) | [CAKE/USDT:USDT](https://www.xt.com/en/futures/trade/cake_usdt) | -0.0003% | 4h | -0.59% | 2026-10-05 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/cake/lbank) | [CAKE/USDT:USDT](https://www.lbank.com/futures/cakeusdt) | -0.0003% | 4h | -0.59% | 2026-10-05 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/cake/toobit) | [CAKE/USDT:USDT](https://www.toobit.com/en-US/futures/CAKE-SWAP-USDT) | -0.0003% | 4h | -0.59% | 2026-10-05 00:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/cake/woofipro) | [CAKE/USDC:USDC](https://pro.woofi.com/en/trade/CAKE_PERP) | -0.0040% | 4h | -8.71% | 2026-10-05 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/cake/kucoin) | [CAKE/USDT:USDT](https://www.kucoin.com/trade/futures/CAKEUSDTM) | -0.0104% | 4h | -22.78% | 2026-10-05 00:00 UTC |

## Frequently asked questions

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

-0.0003% per 4h, or -0.0005% per 8 hours (-0.59% APR), so shorts pay longs. The 7-day average is 0.0016% per 8 hours (1.71% APR).

### How often does Toobit pay CAKE funding?

Every 4 hours. The next payment is at 2026-10-05 00:00 UTC.

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

Toobit is the 14th highest of 16 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is KuCoin at -0.0104% per 4h (-22.78% APR).

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

Long CAKE on KuCoin and short on Toobit for a gross spread of 0.0203% per 8 hours (22.18% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.