HYPE funding rate on Kraken

Funding APR
+39.41%
0.0045% / 1h
Interval
1h
next 06:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
26
listing this pair

Over the last 30 days, HYPE funding on Kraken averaged +10.0% APR and stayed positive 57.5% of the time, ranging from -78.1% to +217.7%. Right now it pays longs pay shorts at +39.4% APR, settled every 1h across 26 venues we track. The most reliable delta-neutral pairing for HYPE right now is long n1xyz / short Phoenix at +22.5% net APR (low risk, ~1.2d to break even).

as of 2026-09-12 05:20 UTC

HYPE funding history on Krakenlast 30d

30d average
+9.98%
Range
-78% / 218%
% positive
57.5%
Volatility
33.9
Best delta-neutral pairing
Long n1xyz / Short Phoenix
+22.5% net APR
Backtested (30d)
+7.3%
Stability
81.6%
Risk
low
Breakeven
~1.2d

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

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How HYPE funding compares across venues

ExchangeFunding APR
Hibachi+39.64%
Kraken+39.41%
Phoenix+27.87%
RiseX+26.66%
Extended+11.39%
Ondo+10.95%
Polymarket+10.95%
Pacifica+10.95%
Variational+10.95%
Arcus+10.95%
Aster+10.95%
Bulk+10.95%
Grvt+10.95%
TxFlow+10.95%
SoDEX+10.95%
Nado+10.95%
Katana+10.93%
Decibel+10.51%
Lighter+10.51%
Lighter RH+10.51%
Paradex+8.81%
HotStuff+8.76%
n1xyz+0.88%
dYdX+0.00%
Perpl+0.00%
Hyperliquid-2.71%

Frequently asked

What is the current HYPE funding rate on Kraken?

HYPE on Kraken is funding at 39.41% APR (0.0045% every 1h), paid longs pay shorts, as of 2026-09-12 05:20 UTC.

How often does Kraken pay funding on HYPE?

Every 1 hour.

How do I earn HYPE funding without price risk?

Open a delta-neutral position: long n1xyz and short Phoenix, currently 22.5% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy