FET funding rate on Kraken

Funding APR
+29.03%
0.0033% / 1h
Interval
1h
next 11:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
6
listing this pair

Over the last 30 days, FET funding on Kraken averaged -0.1% APR and stayed positive 52.3% of the time, ranging from -192.7% to +201.2%. Right now it pays longs pay shorts at +29.0% APR, settled every 1h across 6 venues we track. The most reliable delta-neutral pairing for FET right now is long Phoenix / short Variational at +9.9% net APR (medium risk, ~4.1d to break even).

as of 2026-07-29 10:46 UTC

FET funding history on Krakenlast 30d

30d average
-0.09%
Range
-193% / 201%
% positive
52.3%
Volatility
39.8
Best delta-neutral pairing
Long Phoenix / Short Kraken
+25.2% net APR
Backtested (30d)
-0.8%
Stability
73.2%
Risk
medium
Breakeven
~2.6d

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

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How FET funding compares across venues

ExchangeFunding APR
Kraken+29.03%
Variational+10.95%
Aster+10.95%
dYdX+0.00%
Hyperliquid-11.09%
Phoenix-13.21%

Frequently asked

What is the current FET funding rate on Kraken?

FET on Kraken is funding at 29.03% APR (0.0033% every 1h), paid longs pay shorts, as of 2026-07-29 10:46 UTC.

How often does Kraken pay funding on FET?

Every 1 hour.

How do I earn FET funding without price risk?

Open a delta-neutral position: long Phoenix and short Kraken, currently 25.2% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy