XRP funding rate on Katana

Funding APR
+10.93%
0.0100% / 8h
Interval
8h
next 00:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
23
listing this pair

Over the last 30 days, XRP funding on Katana averaged +10.9% APR and stayed positive 100% of the time, ranging from +8.3% to +11.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 8h across 23 venues we track. The most reliable delta-neutral pairing for XRP right now is long Phoenix / short Katana at +2.8% net APR (low risk, ~0.8d to break even).

as of 2026-09-04 19:10 UTC

XRP funding history on Katanalast 30d

30d average
+10.88%
Range
8% / 12%
% positive
100%
Volatility
0.2
Best delta-neutral pairing
Long Phoenix / Short Katana
+2.8% net APR
Backtested (30d)
+7.5%
Stability
96.6%
Risk
low
Breakeven
~0.8d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How XRP funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Pacifica+10.95%
Polymarket+10.95%
Arcus+10.95%
Grvt+10.95%
Nado+10.95%
Katana+10.93%
Lighter RH+10.51%
Lighter+10.51%
Paradex+7.35%
TxFlow+6.31%
n1xyz+6.13%
Decibel+4.38%
Variational+4.29%
Aster+3.77%
dYdX+0.00%
Phoenix+0.00%
Hibachi-3.61%
Kraken-5.45%
SoDEX-9.61%
RiseX-28.77%
Extended-29.78%
HotStuff-8760.00%

Frequently asked

What is the current XRP funding rate on Katana?

XRP on Katana is funding at 10.93% APR (0.0100% every 8h), paid longs pay shorts, as of 2026-09-04 19:10 UTC.

How often does Katana pay funding on XRP?

Every 8 hours.

How do I earn XRP funding without price risk?

Open a delta-neutral position: long Phoenix and short Katana, currently 2.8% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy