ETH funding rate on Kraken

Funding APR
+4.74%
0.0005% / 1h
Interval
1h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
25
listing this pair

Over the last 30 days, ETH funding on Kraken averaged +4.8% APR and stayed positive 66.1% of the time, ranging from -27.3% to +52.7%. Right now it pays longs pay shorts at +4.7% APR, settled every 1h across 25 venues we track. The most reliable delta-neutral pairing for ETH right now is long Hibachi / short Katana at +4.0% net APR (low risk, ~3.8d to break even).

as of 2026-07-29 15:01 UTC

ETH funding history on Krakenlast 30d

30d average
+4.85%
Range
-27% / 53%
% positive
66.1%
Volatility
11.3
Best delta-neutral pairing
Long Hibachi / Short Katana
+4.0% net APR
Backtested (30d)
+7.2%
Stability
100%
Risk
low
Breakeven
~3.8d

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

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How ETH funding compares across venues

ExchangeFunding APR
Perpl+24.45%
dYdX+17.74%
01xyz+15.77%
Extended+11.39%
Ondo+10.95%
Arcus+10.95%
Aster+10.95%
EdgeX+10.95%
Katana+10.81%
HotStuff+10.51%
Decibel+8.76%
Pacifica+8.34%
RiseX+8.06%
Ethereal+7.51%
Variational+5.58%
Kraken+4.74%
Paradex+3.62%
Hibachi+2.30%
Hyperliquid+0.39%
Nado+0.17%
SoDEX-2.97%
Lighter-3.50%
Phoenix-4.62%
Grvt-6.02%
Hyena-12.51%

Frequently asked

What is the current ETH funding rate on Kraken?

ETH on Kraken is funding at 4.74% APR (0.0005% every 1h), paid longs pay shorts, as of 2026-07-29 15:01 UTC.

How often does Kraken pay funding on ETH?

Every 1 hour.

How do I earn ETH funding without price risk?

Open a delta-neutral position: long Hibachi and short Katana, currently 4.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy