Volume Monitor
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CAKE live: funding rate, open interest, liquidations & volume spikes

CAKE trades on 3 exchanges tracked by Volume Monitor (Binance, Bybit and Hyperliquid) across 3 perpetual futures and 3 spot markets. The last price is 2.835 USDT on Binance, and 24h volume is $26.48M ($19.35M perps, $7.13M spot). Perpetual open interest totals $30.05M. The OI-weighted funding rate is 0.0124% per 8h (≈14% APR), so longs pay shorts. $5,094 of CAKE positions were liquidated on Binance and Bybit in the last 36 minutes (since tracking began), 92% longs and 8% shorts. The scanner flagged 4 volume spikes on CAKE since it started.

Tracking for 36 min Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceBinance perp
2.835
1h — 24h —
24h volumespot + perp
$26.48M
Perp $19.35MSpot $7.13M
Open interest3 perps
$30.05M
1h — 24h —
Funding, 8hOI-weighted
0.0124%
≈14% APRlongs pay shorts
Liquidations 24hpartial
$5,094
Longs $4,674Shorts $421
Volume spikes 24hpartial
4
Net spike flow+$71K

CAKE markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
Binance perp CAKEUSDT 2.835 — — $15.70M 0.0100% $21.31M — — — Trade
Hyperliquid perp CAKE 2.837 — — $1.09M 0.0240% $5.16M — — — Trade
Bybit perp CAKEUSDT 2.835 — — $2.56M 0.0100% $3.57M — — — Trade
Binance spot CAKEUSDT 2.835 — — $6.12M — — — — — Trade
Bybit spot CAKEUSDT 2.835 — — $637K — — — — — Trade
Binance spot CAKEUSDC 2.836 — — $372K — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (36 min ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

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CAKE long/short ratio

All coins' long/short ratios →

Long/short ratios are tracked for the top 100 perpetuals by volume on Binance and Bybit. CAKE is not among them right now. See the coins that are tracked →

Spikes on record4
Buy-side3
Sell-side1
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
14m ago BIN spot VOL BUY $89K 4.2× 68% -0.35%——
23m ago BIN spot VOL SELL $46K 11.8× 30% -0.46%-0.63%—
28m ago BIN perp VOL BUY $105K 10.5× 61% +0.44%-0.03%—
28m ago BIN spot VOL BUY $113K 30.3× 65% +0.42%0.00%—

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

CAKE liquidations: long vs short

All liquidations →
WindowLongsShortsLong / shortCount
1h $4,674 $421
3
4h $4,674 $421
3
24h $4,674 $421
3
Longs liquidatedShorts liquidated

Biggest CAKE liquidations, 24h

  1. BINLONG$4,674@ 2.8299m ago
  2. BYBSHORT$401@ 2.89924m ago
  3. BINSHORT$20@ 2.85523m ago

Latest

  1. BINLONG$4,674@ 2.8299m ago

From Binance USDⓈ-M and Bybit linear perps. Binance reports at most one liquidation per symbol per second, so totals are a lower bound. A long liquidation is a forced sell; a short liquidation is a forced buy.

About the CAKE numbers

CAKE funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive CAKE funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

CAKE open interest

Open interest is the USD value of all open CAKE perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

CAKE liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

CAKE volume spikes

A spike is a minute where one CAKE market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.