IO funding rate on Kraken

Funding APR
+84.98%
0.0097% / 1h
Interval
1h
next 06:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
5
listing this pair

Over the last 30 days, IO funding on Kraken averaged +160.9% APR and stayed positive 64.8% of the time, ranging from -1081.8% to +4441.0%. Right now it pays longs pay shorts at +85.0% APR, settled every 1h across 5 venues we track. The most reliable delta-neutral pairing for IO right now is long Hyperliquid / short Kraken at +69.6% net APR (medium risk, ~2.2d to break even).

as of 2026-09-12 05:20 UTC

IO funding history on Krakenlast 30d

30d average
+160.88%
Range
-1082% / 4441%
% positive
64.8%
Volatility
696.0
Best delta-neutral pairing
Long Hyperliquid / Short Kraken
+69.6% net APR
Backtested (30d)
+119.4%
Stability
69.3%
Risk
medium
Breakeven
~2.2d

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

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How IO funding compares across venues

ExchangeFunding APR
Kraken+84.98%
Extended+11.39%
Variational+10.95%
Aster+10.95%
Hyperliquid-17.26%

Frequently asked

What is the current IO funding rate on Kraken?

IO on Kraken is funding at 84.98% APR (0.0097% every 1h), paid longs pay shorts, as of 2026-09-12 05:20 UTC.

How often does Kraken pay funding on IO?

Every 1 hour.

How do I earn IO funding without price risk?

Open a delta-neutral position: long Hyperliquid and short Kraken, currently 69.6% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy