CAKE funding rate on Kraken
Over the last 30 days, CAKE funding on Kraken averaged -64.4% APR and stayed positive 11% of the time, ranging from -4365.7% to +4426.8%. Right now it pays shorts pay longs at -12.6% APR, settled every 1h across 6 venues we track. The most reliable delta-neutral pairing for CAKE right now is long Kraken / short Aster at +6.7% net APR (high risk, ~5.5d to break even).
CAKE funding history on Krakenlast 30d
- Backtested (30d)
- +37.6%
- Stability
- 91.1%
- Risk
- high
- Breakeven
- ~5.5d
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
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| dYdX | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| EdgeX | +0.00% |
| Kraken | -12.56% |
Frequently asked
What is the current CAKE funding rate on Kraken?
CAKE on Kraken is funding at -12.56% APR (-0.0014% every 1h), paid shorts pay longs, as of 2026-07-29 10:04 UTC.
How often does Kraken pay funding on CAKE?
Every 1 hour.
How do I earn CAKE funding without price risk?
Open a delta-neutral position: long Kraken and short Aster, currently 6.7% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.