Funding history
CAKEfunding
Current mark price $1.3319 · OI $683.5K · 24h vol $662.5K. Funding charged hourly, converted to 8h bps for comparability.
Current 8h funding
-1.4 bps
≈ -15.7% APR
Period average
+0.6 bps
Last 24h
Range (min / max)
-3.0 / +1.0
bps over window
Time positive
88%
21 of 24 samples
8h funding rate · bps
Asset page Latest
-1.43 bps
Avg 7d
+0.60 bps
Hours +
88%
Hours −
13%
How to read it
Persistently positive funding (not currently the case) means longs have been paying shorts — usually a sign of long-side excess that eventually resolves with a flush. Persistently negative funding means the short side is over-paid — squeeze setups. Look for regime flips in the chart above — they often coincide with local tops and bottoms.