CAKE funding rate on Hyperliquid

Funding APR
+9.51%
0.0011% / 1h
Interval
1h
next 17:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
5
listing this pair

Over the last 30 days, CAKE funding on Hyperliquid averaged +14.5% APR and stayed positive 99.6% of the time, ranging from -15.9% to +163.9%. Right now it pays longs pay shorts at +9.5% APR, settled every 1h across 5 venues we track. The most reliable delta-neutral pairing for CAKE right now is long TxFlow / short Hyperliquid at +51.8% net APR (low risk, ~1.4d to break even).

as of 2026-09-12 16:11 UTC

CAKE funding history on Hyperliquidlast 30d

30d average
+14.53%
Range
-16% / 164%
% positive
99.6%
Volatility
17.9
Best delta-neutral pairing
Long TxFlow / Short Hyperliquid
+51.8% net APR
Backtested (30d)
+3.6%
Stability
46.9%
Risk
low
Breakeven
~1.4d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How CAKE funding compares across venues

ExchangeFunding APR
Kraken+140.32%
Variational+10.95%
Aster+10.95%
Hyperliquid+9.51%
TxFlow-59.40%

Frequently asked

What is the current CAKE funding rate on Hyperliquid?

CAKE on Hyperliquid is funding at 9.51% APR (0.0011% every 1h), paid longs pay shorts, as of 2026-09-12 16:11 UTC.

How often does Hyperliquid pay funding on CAKE?

Every 1 hour.

How do I earn CAKE funding without price risk?

Open a delta-neutral position: long TxFlow and short Hyperliquid, currently 51.8% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy