CAKE funding rates
CAKE perpetual funding is currently quoted across 5 venues, ranging from +10.9% to +87.8% APR. The most reliable delta-neutral pairing for CAKE right now is long TxFlow / short Kraken at +55.5% net APR (high risk, ~1.8d to break even).
as of 2026-10-27 18:41 UTC
Best delta-neutral pairing
Long TxFlow / Short Kraken
+55.5% net APR
- Backtested (30d)
- -6.6%
- Stability
- 41.5%
- Risk
- high
- Breakeven
- ~1.8d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeCAKE funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +87.78% |
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| TxFlow | +10.95% |
Frequently asked
What is the CAKE funding rate right now?
CAKE perpetual funding ranges from 10.95% to 87.78% APR across 5 exchanges we track; the widest delta-neutral spread is long TxFlow / short Kraken at 55.5% net APR.
Which exchange has the highest CAKE funding rate?
Kraken currently has the highest at 87.78% APR. See the full ranking above.