CAKE 永续合约资金费率 — 各交易所对比
PancakeSwap
CAKE 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 CAKE：做多 Bybit / 做空 Hyperliquid → 扣除成本后一周 +$0.90（实际结算年化 13.0%）。
- 做多 Bybit做空 Hyperliquid+$0.90每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +13.0%
- 稳定
- 48%
回本 6 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+12.81%
Interval
4h
Open Interest
$965K
Mark Price
$2.5984
+10.96%
Interval
4h
Open Interest
$16.6M
Mark Price
$2.6011
+10.96%
Interval
4h
Open Interest
$5.5M
Mark Price
$2.601
+10.96%
Interval
1h
Open Interest
$1.6M
Mark Price
$2.6046
+10.96%
Interval
4h
Open Interest
$2.2M
Mark Price
$2.6016
+10.96%
Interval
4h
Open Interest
$2.1M
Mark Price
$2.6008
+10.96%
Interval
4h
Open Interest
$507K
Mark Price
$2.5967
+10.96%
Interval
4h
Open Interest
$3.0M
Mark Price
$2.6024
+10.96%
Interval
4h
Open Interest
$14.7M
Mark Price
$2.5977
+10.96%
Interval
4h
Open Interest
$2.4M
Mark Price
$2.6023
+10.96%
Interval
1h
Open Interest
$6K
Mark Price
$2.6003
+10.96%
Interval
4h
Open Interest
$179K
Mark Price
$2.6001
+10.96%
Interval
4h
Open Interest
$690K
Mark Price
$2.5981
+10.96%
Interval
4h
Open Interest
—
Mark Price
$2.5995
+10.96%
Interval
4h
Open Interest
$1.1M
Mark Price
$2.5993
+10.96%
Interval
4h
Open Interest
—
Mark Price
$2.5986
+10.96%
Interval
4h
Open Interest
$80K
Mark Price
$2.6008
+10.96%
Interval
4h
Open Interest
—
Mark Price
$2.6026
+10.96%
Interval
4h
Open Interest
—
Mark Price
$2.6007
+10.96%
Interval
4h
Open Interest
$1.4M
Mark Price
$2.5993
+10.96%
Interval
1h
Open Interest
$1.6M
Mark Price
$2.6046
+10.96%
Interval
1h
Open Interest
$1.6M
Mark Price
$2.6046
-6.42%
Interval
1h
Open Interest
$15K
Mark Price
$2.6002
-6.87%
Interval
4h
Open Interest
$9K
Mark Price
$2.5975
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 BloFinBest Short | +12.81% | 4h | $965K | $2.5984 |
 Binance Futures | +10.96% | 4h | $16.6M | $2.6011 |
 Bybit | +10.96% | 4h | $5.5M | $2.601 |
 Hyperliquid | +10.96% | 1h | $1.6M | $2.6046 |
 BingX | +10.96% | 4h | $2.2M | $2.6016 |
 Bitget | +10.96% | 4h | $2.1M | $2.6008 |
 Gate.io | +10.96% | 4h | $507K | $2.5967 |
 KuCoin | +10.96% | 4h | $3.0M | $2.6024 |
 MEXC | +10.96% | 4h | $14.7M | $2.5977 |
 Aster | +10.96% | 4h | $2.4M | $2.6023 |
 ApeX | +10.96% | 1h | $6K | $2.6003 |
 Variational | +10.96% | 4h | $179K | $2.6001 |
 Toobit | +10.96% | 4h | $690K | $2.5981 |
 Bitunix | +10.96% | 4h | — | $2.5995 |
 Hotcoin | +10.96% | 4h | $1.1M | $2.5993 |
 WEEX | +10.96% | 4h | — | $2.5986 |
 Pionex | +10.96% | 4h | $80K | $2.6008 |
 CoinW | +10.96% | 4h | — | $2.6026 |
 LBank | +10.96% | 4h | — | $2.6007 |
 Phemex | +10.96% | 4h | $1.4M | $2.5993 |
 dreamcash | +10.96% | 1h | $1.6M | $2.6046 |
 Ventuals | +10.96% | 1h | $1.6M | $2.6046 |
 TxFlow | -6.42% | 1h | $15K | $2.6002 |
 WOOFi ProBest Long | -6.87% | 4h | $9K | $2.5975 |
CAKE 资金费率的含义
资金费率数据更新于 2026-10-02 03:33 UTC
ORBIT 按交易所实时汇总 CAKE（PancakeSwap） 永续合约在 24 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 CAKE 的年化资金费率从 WOOFi Pro 的 -6.87% 到 BloFin 的 +12.81% 不等。
CAKE 当前最大的跨所资金费率价差为年化 19.7%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 WOOFi Pro 做多，在费率最高的 BloFin 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
CAKE 在所跟踪的永续品种中持仓量排名第 121，各交易所合计持仓量 $56.2M，24 小时成交量 $63.3M，成交量加权标记价格 $2.6004。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 CAKE 资金费率最高？
- BloFin，年化 +12.81%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，CAKE 应在哪家交易所做多？
- WOOFi Pro 的 CAKE 资金费率最低，为年化 -6.87%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- CAKE 最佳的资金费率套利组合是什么？
- 价差最大的组合是 WOOFi Pro 做多 / BloFin 做空，扣除成本前约为年化 19.7%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- CAKE 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- CAKE 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -6.87% 到 +12.81%——正是这种分歧创造了跨所套利机会。