Funding history
CAKEfunding
Current mark price $1.3352 · OI $686.2K · 24h vol $660.6K. Funding charged hourly, converted to 8h bps for comparability.
Current 8h funding
+1.0 bps
≈ 11.0% APR
Period average
+0.8 bps
Last 7 days
Range (min / max)
-4.5 / +1.0
bps over window
Time positive
93%
157 of 168 samples
8h funding rate · bps
Asset page Latest
+1.00 bps
Avg 7d
+0.81 bps
Hours +
93%
Hours −
7%
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.