CAKE Funding Rate (PancakeSwap)
Compare PancakeSwap perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute
PancakeSwap current price: $1.40
CAKE Funding Rate by Exchange
Next settlement --:--:--| # | Exchange | Funding Rate | APR | Settlement Interval | Next Settlement | Open Interest |
|---|---|---|---|---|---|---|
| 1 | Binance | -0.0026% | -5.71% | 4h | 04:00 UTC | $6.6M |
| 2 | MEXC | -0.0030% | — | — | — | $4.0M |
| 3 | Bybit | -0.0279% | -61.02% | 4h | 04:00 UTC | $2.1M |
| 4 | KuCoin | -0.0231% | -50.59% | 4h | 04:00 UTC | $1.4M |
| 5 | Aster | -0.0010% | -2.27% | 4h | 04:00 UTC | $1.4M |
| 6 | WhiteBIT | +0.0050% | +10.95% | 4h | 04:00 UTC | $1.2M |
| 7 | Bitget | +0.0050% | +10.95% | 4h | — | $1.0M |
| 8 | Hyperliquid | -0.0033% | -28.89% | 1h | — | $0.8M |
| 9 | Gate | +0.0013% | +2.85% | 4h | 04:00 UTC | $0.2M |
| 10 | CoinEx | +0.0000% | +0.00% | 8h | 16:00 UTC | $0.1M |
| 11 | Kraken | -0.0164% | — | — | — | $0.0M |
| 12 | edgeX | +0.0000% | +0.00% | 4h | 04:00 UTC | $0.0M |
| 13 | dYdX | +0.0013% | +10.95% | 1h | — | $0.0M |
| 14 | BingXhighest | -0.0327% | — | — | 04:00 UTC | — |
| 15 | Bitunix | -0.0006% | -1.27% | 4h | 04:00 UTC | — |
| 16 | LBank | -0.0041% | — | — | 04:00 UTC | — |
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0064%
OI-Weighted Rate
-0.0061%
Volume-Weighted Rate
-0.0046%
CAKE Funding Rate History
CAKE Cumulative Funding Cost
Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.
| Exchange | 1D | 7D | 30D | 90D |
|---|---|---|---|---|
| Binance | +0.0050% | +0.0794% | +0.3761% | +0.3761% |
About PancakeSwap Funding Rate
What is the CAKE funding rate?
The CAKE funding rate is a periodic payment between long and short traders on PancakeSwap perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged CAKE perpetual position.
What does a positive or negative CAKE funding rate mean?
A persistently positive CAKE funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.
What is the current CAKE funding rate?
As of now, the CAKE funding rate averages -0.0064% across 16 exchanges CoinBoss tracks, and the rate is negative. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.
Which exchange has the highest CAKE funding rate?
Right now bingx shows the highest (or most extreme) CAKE funding rate among tracked exchanges, at -0.0327%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.
More Coin Funding Rates
View full funding rate matrix ›BTCETHSOLXRPBNBDOGEHYPEZECOKBSKLADALINKAVAXXLMBCHUNIAAVESUINEARARBENAWLDBLURYFIHOTKAITOTRXXMRCCGRAMLTCHBARXAUTTAOWLFIPAXGASTERDEXEONDODOTSKYMORPHOICPETCPIJSTBEATPOLATOMRENDER
View full funding rate matrix › (+238)
KASALGOJUPLITFILPUMPAPTVVVNIGHTAEROINJDASHVIRTUALVETPENGUPYTHTRUMPETHFITIAFETSPXSEIZROCRVJTOKITEMONPENDLEXTZLDOGRASSXPLCFXOPJASMYSYRUPSTRKGRTUBIOTACHZVELVETAXSFFEIGENENSCOMPAPEWIFFARTCOINTHETAMANAHRUNERIFSANDSNXARAWEAGWEIGENIUSIMXDYDXZKGALASENT1INCHALLOUAIBILLATHUSELESSEGLDMETQSAFELPTRSRBANANAS31ARCZENARKMZAMAORDIRIVERSYNRAVEBASCHIPRVNPLUMEKSMIOWBIOHOMEBERALINEASOONTURBOCOAIENJMEGAHOLOBABYAPRREDDUSKMOVEGPSROSEPOPCATTRBPNUTBARD0GALTCELOMOODENGESPJCTNOTNESRPLARXMEZEREBROSKYAIMEMEATSAHARAFOGOVANABSBZESTPRLROBOBOMEPEOPLEIRYSMANTAGIGGLECLOSTGMERLIOTXOPGTRIABASEDCOLLECTHYPERFRAXBLUAIMETISDOGSAIXBTTACSAPIENBREVBIRBPIPPINEDENMOVRTAIKOINSPELLWETUSUALENSOXAISCRTMIRAAGLDBANANACTRHMSTRALICEEPICKATOGNLAHEIGUNRARERESOLVTSTMAVTUTTRUSTBELTHEFIGHTZILAXLFLUIDASTRCFGSTABLEKMNOBRETTMINAPIEVERSENEOSUNANKRCHRELSAUMAC98PORTALTREESTARTRADOORCYBEREDUCORE4OGBANDMASKZKCICNTSUSHIARKGMTSIGNFIDADRIFTPOWRPHASTONILZORAINX龙虾币安人生我踏马来了