NOT funding rate on Kraken

Funding APR
-122.74%
-0.0140% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, NOT funding on Kraken averaged +32.1% APR and stayed positive 36.9% of the time, ranging from -536.1% to +4408.0%. Right now it pays shorts pay longs at -122.7% APR, settled every 1h across 4 venues we track. The most reliable delta-neutral pairing for NOT right now is long Kraken / short Hyperliquid at +104.3% net APR (high risk, ~1.5d to break even).

as of 2026-09-12 05:30 UTC

NOT funding history on Krakenlast 30d

30d average
+32.09%
Range
-536% / 4408%
% positive
36.9%
Volatility
395.2
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+104.3% net APR
Backtested (30d)
-52.1%
Stability
60.9%
Risk
high
Breakeven
~1.5d

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

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How NOT funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Variational+5.61%
Aster+1.55%
Kraken-122.74%

Frequently asked

What is the current NOT funding rate on Kraken?

NOT on Kraken is funding at -122.74% APR (-0.0140% every 1h), paid shorts pay longs, as of 2026-09-12 05:30 UTC.

How often does Kraken pay funding on NOT?

Every 1 hour.

How do I earn NOT funding without price risk?

Open a delta-neutral position: long Kraken and short Hyperliquid, currently 104.3% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy