CAKE funding rate

Binance

-0.0054%

Annualized
-11.93%
7d avg (annual)
—
Next settlement
· 4h
Paid by longs over 30 days
+0.010%
Mark price
2.5704
Contract
CAKEUSDT

OKX

Not listed

Funding rate history (annualized, 30 days)

This contract is new — the funding rate history chart appears after a few settlements.

What the CAKE funding rate means now

The CAKE perpetual on Binance currently pays -0.0054% every 4 hours, about -11.9% annualized. The rate is negative, so shorts pay longs at each settlement.

You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.