PancakeSwap (CAKE) Funding Rate History
PancakeSwap (CAKE) perpetual futures funding ranges from -12.00 bps on WOOFIPRO to 1.00 bps on PHEMEX across 12 reporting venues, a spread of 13.00 bps. The most extreme rate (-131.40% APY annualized) is on WOOFIPRO. Currently funding signs are mixed: 7 positive, 5 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on CAKE price.
CAKE Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| WOOFIPRO | -12.00 bps | -131.40% APY | -6.80 bps | $12.42K |
| BINGX | -5.40 bps | -59.13% APY | -0.20 bps | $2.31M |
| KUCOIN | -4.20 bps | -45.99% APY | -0.20 bps | $1.30M |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $306.07K |
| HYPERLIQUID | 1.00 bps | 10.95% APY | 1.00 bps | $197.17K |
| BITGET | 1.00 bps | 10.95% APY | 0.70 bps | $184.71K |
| GATEIO | 1.00 bps | 10.95% APY | -0.40 bps | $59.11K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 0.90 bps | $44.16K |
| ASTER | 1.00 bps | 10.95% APY | 0.90 bps | $30.90K |
| BINANCE | -0.20 bps | -2.19% APY | 0.60 bps | $4.47M |
| BYBIT | 0.20 bps | 2.19% APY | 0.10 bps | $773.23K |
| MEXC | -0.20 bps | -2.19% APY | 0.70 bps | $303.53K |
Last updated 2026-07-16T08:24:35Z (UTC).
Loading CAKE funding history...
Related: CAKE open interest, CAKE volume, CAKE perp market data.