24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,208,239Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
CAKE Funding Rates
8 exchanges · updated 26 Oct, 18:26 UTCCAKE perpetual funding on 8 exchanges, a year (APR): positive means longs pay shorts.
Highest now11.0%HyperliquidLowest now−8.0%BybitOpen interest$28.4M24h volume$18.5M
Best pair over 7 days
Open in ArbitrageLong KuCoin · Short MEXC · 7.4% a year, −0.9% after fees
Funding by exchange· highest first
| Exchange | Now | 24h | 7 days | Payout | Price | Open interest | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| HyperliquidDEX | 11.0%+0.0013% / 1h | 1.5% | 7 days−2.7%paid 63% of hours | hourlynext 19:00 UTC | 2.124 | $1.8M | $172K | Trade |
| BinanceCEX | 11.0%+0.0050% / 4h | 5.5% | 7 days1.3%paid 63% of hours | every 4hnext 20:00 UTC | 2.124 | $9.0M | $6.9M | Trade |
| BitgetCEX | 11.0%+0.0050% / 4h | 10.9% | 7 days5.5%paid 83% of hours | every 4hnext 20:00 UTC | 2.1234 | $1.7M | $349K | Trade |
| GateCEX | 11.0%+0.0050% / 4h | 6.8% | 7 days1.5%paid 59% of hours | every 4hnext 20:00 UTC | 2.1235 | $594K | $203K | Trade |
| MEXCCEX | 11.0%+0.0050% / 4h | 5.5% | 7 days1.3%paid 63% of hours | every 4hnext 20:00 UTC | 2.1237 | $7.1M | $627K | Trade |
| KuCoinCEX | 11.0%+0.0050% / 4h | −9.6% | 7 days−6.1%paid 57% of hours | every 4hnext 20:00 UTC | 2.1249 | $2.8M | $6.7M | Trade |
| BingXCEX | 11.0%+0.0050% / 4h | −2.7% | 7 days4.2%paid 77% of hours | every 4hnext 20:00 UTC | 2.1235 | $2.2M | $2.6M | Trade |
| BybitCEX | −8.0%−0.0037% / 4h | −1.3% | 7 days3.9%paid 80% of hours | every 4hnext 20:00 UTC | 2.123 | $3.1M | $901K | Trade |
Best pairs· after taker fees in and out over a 7-day hold
| Pair | 7 days | After fees | Price spread | Liquidity | |
|---|---|---|---|---|---|
LongKuCoinShortMEXC CEX ↔ CEX · thin market |
7.4% | −0.9%fees 0.16% | Price spread−0.10%usual −0.027% | $2.8M | Open |
LongKuCoinShortBitget CEX ↔ CEX · thin market |
11.6% | −0.9%fees 0.24% | Price spread−0.12%usual −0.058% | $1.7M | Open |
LongKuCoinShortBingX CEX ↔ CEX |
10.3% | −1.2%fees 0.22% | Price spread−0.10%usual −0.044% | $2.2M | Open |
LongKuCoinShortBybit CEX ↔ CEX · thin market |
10.0% | −2.0%fees 0.23% | Price spread−0.15%usual −0.053% | $2.8M | Open |
LongHyperliquidShortBitget DEX ↔ CEX · thin market |
8.2% | −2.7%fees 0.21% | Price spread−0.11%usual −0.026% | $1.7M | Open |
LongHyperliquidShortMEXC DEX ↔ CEX · thin market |
4.0% | −2.8%fees 0.13% | Price spread−0.088%usual +0.004% | $1.8M | Open |
LongHyperliquidShortBingX DEX ↔ CEX · thin market |
6.9% | −3.0%fees 0.19% | Price spread−0.088%usual −0.014% | $1.8M | Open |
LongHyperliquidShortBybit DEX ↔ CEX · thin market |
6.5% | −3.9%fees 0.20% | Price spread−0.14%usual −0.019% | $1.8M | Open |
LongKuCoinShortGate CEX ↔ CEX · thin market |
7.6% | −3.9%fees 0.22% | Price spread−0.14%usual −0.085% | $594K | Open |
LongMEXCShortBitget CEX ↔ CEX · thin market |
4.2% | −4.1%fees 0.16% | Price spread−0.033%usual −0.030% | $1.7M | Open |
Other coins
Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.